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Kernel Group Holdings, Inc. Units - $KRNLU STOCK NEWS

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Kernel Group Holdings, Inc. (NASDAQ: KRNL) has extended the period to consummate its initial business combination to June 5, 2024, marking the fourth out of six permitted extensions. The Company is a special purpose acquisition company.

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Kernel Group Holdings, Inc. (KRNL) extends the period for its initial business combination by one month. The third extension allows more time for potential mergers or acquisitions.
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0.37%
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Kernel Group Holdings, Inc. (KRNL) extends the period for its initial business combination by one month. The second of six extensions allowed, the new deadline is April 5, 2024.
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Kernel Group Holdings, Inc. (KRNL) announced that its shareholders approved amendments to its charter and trust agreement to change the structure and cost of obtaining extensions to the deadline to complete its initial business combination. The company obtained the first of up to six 1-month extensions of the deadline. Shareholders also approved the Charter Amendment, triggering a right of public shareholders to demand redemption of their shares. After payment of the redemption price, KRNL will have approximately $5.5 million left in its trust account.
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Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) announced the deposit of $150,000 into the Company’s Trust account for its public shareholders, allowing the extension of the period to consummate its initial business combination by one month. The Extension is the sixth of six monthly extensions permitted under the Company’s governing documents.
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0.19%
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Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) deposited $150,000 into the Company’s Trust account for its public shareholders, extending the period of time for its initial business combination by one month. This is the fifth of six-monthly extensions permitted under the Company’s governing documents.
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Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) Deposits $150,000 into Trust Account, Extends Business Combination Deadline by One Month
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Kernel Group Holdings extends the period for business combination
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Kernel Group Holdings, Inc. extends its initial business combination period by one month, depositing $150,000 into the Trust account for public shareholders.
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0.19%
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Kernel Group Holdings regains compliance with Nasdaq Listing Rule 5620(a) by holding annual meeting of shareholders on August 31, 2023.
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Kernel Group Holdings, Inc. Units

Nasdaq:KRNLU

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KRNLU Stock Data

3.68M
0.13%
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