Kairous Acquisition Corp. extends business combination deadline to June 2025; deposits $50k for first month

Kairous Acquisition Corp. Ltd

Shareholders approved amendment extending deadline up to six months from Dec 16, 2024 to June 16, 2025.
Sponsor deposited $50,000 into trust for first one-month extension to January 16, 2025.
Promissory note issued to sponsor for $50k, convertible at $10.10/share upon business combination.
518,968 ordinary shares (approx. 14%) tendered for redemption at December 6, 2024 meeting.
Voting results: 3,528,134 FOR, 1,420 AGAINST on both charter and trust amendments.

item 1.01 item 2.03 item 5.03 item 5.07 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Kairous Acquisition Corp. Ltd: Extended the deadline to complete a business combination from December 16, 2024 to June 16, 2025 through six monthly one-month extensions (effective 2024-12-16).

Change: charter amendment
Effective: 2024-12-16

Exact text from the filing

As approved by its shareholders at the Meeting on December 6, 2024, the Company filed the fourth amended and restated memorandum and articles of association on December 16, 2024 (the “Charter Amendment”), giving the Company the right to extend the date by which it has to complete a business combination up to six (6) times for an additional one (1) month each time from December 16, 2024 to June 16, 2025.

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Source: SEC EDGAR

accession 0001493152-24-050542

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