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confidence high
sentiment neutral
materiality 0.55
Kairos Pharma enters consulting pact with Cross Current for $700K total compensation
Kairos Pharma, LTD.
- Consulting agreement for $200,000 cash and restricted shares valued at $500,000, subject to a six-month true-up to maintain $500K value.
- Shares cannot exceed 9.99% of outstanding common stock; vest after six months with possible additional 'true up' shares.
- Services include investor marketing, M&A canvassing, capital markets advisory; term is 24 months starting from NYSE American listing.
- Compensation and agreement effective upon listing (Start Date); registration statement on Form S-8 planned within 30 days after listing.