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KKR Acquisition Holdings I Corp. (NYSE: KAHC.U) announced the separation of its units into shares of Class A common stock and redeemable warrants starting May 7, 2021. Holders of the 138,000,000 units can now trade these components independently, with whole warrants only being issued. The Company aims to identify and build businesses in the consumer or retail sectors, leveraging the expertise of its CEO Glenn Murphy and the KKR platform. The press release emphasizes that this does not constitute an offer to sell or a solicitation for the securities.
KKR Acquisition Holdings I Corp. has announced the pricing of its initial public offering (IPO) of 120,000,000 units at $10.00 per unit. Trading is set to begin on the NYSE under the symbol KAHC.U on March 17, 2021. Each unit includes one share of Class A common stock and one-fourth of a redeemable warrant, with whole warrants priced at $11.50 each. The offering aims to facilitate a merger or acquisition in the consumer or retail sectors. The IPO is expected to close on March 19, 2021.