secwatch.observer — SEC 8-K summary
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Issuer:     Kairous Acquisition Corp. Ltd (KACLF)
CIK:        0001865468
Form:       8-K
Filed at:   2024-04-16T23:59:59+00:00
Accession:  0001493152-24-014815
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kairous Acquisition extends business combination deadline to May 16, 2024 with $50K sponsor deposit
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- Deposited $50,000 into trust account to extend business combination period to May 16, 2024 from April 16, 2024.
- Issued $50,000 unsecured promissory note to sponsor Kairous Asia Limited; note bears no interest.
- Note converts into ordinary shares at $10.10 per share upon closing of a business combination.
- Extension provides one additional month for the SPAC to complete an initial business combination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865468/000149315224014815/0001493152-24-014815-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865468/000149315224014815/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-014815

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