---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-038937"
form_type: "8-K"
ticker: "KACLF"
cik: "0001865468"
company_name: "Kairous Acquisition Corp. Ltd"
filed_at: "2024-10-01T23:59:59+00:00"
generated_at: "2026-05-30T23:47:51.283657+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# KACL enters into definitive merger agreement with Bamboo Mart valued at $188M

## Summary
- Total merger consideration $188M, paid as 18,613,861 shares in Purchaser at $10.10/share.
- Up to 8,554,455 additional earnout shares based on share price thresholds ($12.50, $15.00, $17.50) and 2025/2026 revenue goals ($122.8M, $170.2M).
- Transaction expected to close by March 31, 2025; KACL must have minimum net tangible assets of $5,000,001 at closing.
- Bamboo must have minimum cash of $500K at closing; Sponsor promissory notes to be converted into shares at $10.10.
- Certain Bamboo shareholders subject to 24-month lock-up; break-up fee of $50,000 payable by Bamboo under certain termination events.

## SEC filing metadata
- accession: 0001493152-24-038937
- form_type: 8-K
- ticker: KACLF
- cik: 0001865468
- company_name: Kairous Acquisition Corp. Ltd
- filed_at: 2024-10-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865468/000149315224038937/0001493152-24-038937-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865468/000149315224038937/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-038937
- JSON: https://secwatch.observer/filing/0001493152-24-038937.json
- Plain text: https://secwatch.observer/filing/0001493152-24-038937.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.