other material
confidence high
sentiment neutral
materiality 0.30
Kairous extends business combination deadline to July 16, 2024 via $50K sponsor deposit
Kairous Acquisition Corp. Ltd
- Sponsor deposited $50,000 into trust account to extend business combination period by one month.
- Extension moves deadline from June 16, 2024 to July 16, 2024.
- Company issued unsecured promissory note to sponsor; convertible into ordinary shares at $10.10/share at closing.
- Note bears no interest and matures upon completion of a business combination.