secwatch.observer — SEC 8-K summary
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Issuer:     Kairous Acquisition Corp. Ltd (KACLF)
CIK:        0001865468
Form:       8-K
Filed at:   2024-02-16T23:59:59+00:00
Accession:  0001493152-24-007004
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kairous Acquisition extends business combination deadline to March 16, 2024 via $50K sponsor loan
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- Sponsor deposited $50,000 into trust account to extend period from Feb 16 to Mar 16, 2024.
- Company issued $50,000 unsecured promissory note to sponsor, no interest, convertible into shares at $10.10 per share upon business combination.
- Working capital note maturity extended to Dec 16, 2024; principal previously increased to $2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865468/000149315224007004/0001493152-24-007004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865468/000149315224007004/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-007004

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