Kairous Acquisition CORP LTD
Market Movers (8-K)
Kairous Acquisition Corp. Limited completed its trust fund distribution, allowing public shareholders to remain with the company as it seeks new business opportunities and deregisters from SEC reporting.
Worse than expected
Kairous Acquisition Corp. Limited and Bamboo Mart Limited mutually agreed to terminate their previously announced merger agreement.
Worse than expected
Delay expected
8-K: Kairous Acquisition Corp. Limited Fails to Extend Business Combination Period, Initiates Liquidation
Kairous Acquisition Corp. Limited announced its failure to extend its business combination period, triggering the mandatory liquidation of its trust account and redemption of public shares, while warrants and rights will expire worthless.
Worse than expected
Delay expected
Kairous Acquisition Corp. Limited reported the resignation of Usanee Lekvanichkul from her roles as Chief Financial Officer and Executive Director, effective June 6, 2025.
8-K: Kairous Acquisition Corp. Extends Business Combination Deadline with $50,000 Sponsor Contribution
Kairous Acquisition Corp. Limited secures a one-month extension for its business combination period by issuing a $50,000 promissory note to its sponsor, Kairous Asia Limited, in exchange for a deposit into the company's trust account.
Delay expected
8-K: Kairous Acquisition Corp. Extends Business Combination Deadline with $50,000 Sponsor Contribution
Kairous Acquisition Corp. Limited secures a one-month extension for its business combination deadline by issuing a $50,000 promissory note to its sponsor, Kairous Asia Limited, in exchange for a deposit into the company's trust account.
Delay expected
Quarterly Earnings (10-Q)
10-Q: Kairous Acquisition Corp. Limited Terminates Merger, Initiates Liquidation Amidst Financial Strain
Kairous Acquisition Corp. Limited, a blank check company, has terminated its proposed business combination with Bamboo Mart Limited and commenced liquidation of its trust account after failing to extend its business combination period.
Delay expected
Worse than expected
Capital raise
Kairous Acquisition Corp. Limited reports a net loss for the quarter ended December 31, 2024, and continues efforts to finalize a business combination, extending the deadline to June 16, 2025.
Delay expected
Worse than expected
Capital raise
Kairous Acquisition Corp. Limited reported a net loss of $16,891 for the quarter ended September 30, 2024, while continuing efforts to finalize a business combination.
Worse than expected
Delay expected
10-Q: Kairous Acquisition Corp. Limited Reports Net Income for Q3 2024 Amid Business Combination Efforts
Kairous Acquisition Corp. Limited reports a net income of $46,544 for the three months ended March 31, 2024, while continuing efforts to finalize a business combination.
Worse than expected
Delay expected
Capital raise
10-Q: Kairous Acquisition Corp. Limited Reports Net Income for Q2 2024 Amid Business Combination Efforts
Kairous Acquisition Corp. Limited reports a net income of $81,134 for the three months ended December 31, 2023, while continuing efforts to finalize a business combination.
Delay expected
Worse than expected
Capital raise
Annual Reports (10-K)
10-K: Kairous Acquisition Corp. Limited Files Annual Report, Details Merger Agreement and Financials
Kairous Acquisition Corp. Limited has filed its annual report for the fiscal year ended June 30, 2024, outlining its financial status and progress towards a business combination.
Delay expected
Worse than expected
Proxy Statements (Def-14A)
Kairous Acquisition Corp. has amended its definitive proxy statement regarding the upcoming Annual Meeting of Stockholders on December 6, 2024, to update the record date, redemption rights exercise date, and proxy card details.
DEF 14A: Kairous Acquisition Corp. Seeks Shareholder Approval for Business Combination Deadline Extension
Kairous Acquisition Corp. is requesting shareholder approval to extend the deadline for completing a business combination by up to six months, from December 16, 2024, to June 16, 2025.
Delay expected
Capital raise
Worse than expected
Schedule 13G - Passive Investments
Polar Asset Management Partners Inc. has filed an amended Schedule 13G, reporting a 0% beneficial ownership in Kairous Acquisition Corp. Ltd.