Kairous Acquisition Corp to liquidate trust, redeem public shares after failing to extend deadline

Kairous Acquisition Corp. Ltd

Company failed to deposit $50,000 to extend business combination deadline to June 16, 2025.
Will liquidate trust account and redeem public shares; redemption expected within ten business days after June 30, 2025.
Sponsor, officers, directors waived redemption rights for their shares; warrants and rights will expire worthless.
After redemption, board intends to amend charter to avoid dissolution and remain listed on OTC Markets to seek alternative business combination.

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