STOCK TITAN

[8-K] Kairous Acquisition Corp. Limited Unit Reports Material Event

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Kairous Acquisition Corp. Limited (OTC: KACLF/KACUF) has triggered a mandatory liquidation of its SPAC trust. The company failed to deposit the required US$50,000 on 16 May 2025 to extend its business-combination deadline to 16 June 2025 as permitted under its Fourth Amended & Restated Memorandum and Articles of Association. Under the charter, missing that payment forces the SPAC to (i) begin winding down, (ii) liquidate the trust and redeem all public ordinary shares issued in the IPO, and (iii) subsequently liquidate and dissolve.

The board now intends to instruct the trustee to liquidate the securities held in the trust and transfer the cash to a Citibank operating account. Public shareholders will receive their pro-rata cash within 10 business days after 30 June 2025. Street-name holders need take no action; registered holders must deliver certificates to Continental Stock Transfer & Trust.

Sponsor, officers and directors have waived their redemption rights, meaning only public holders participate in the payout. All warrants (KACWF) and rights (KACRF) will expire worthless, eliminating any upside optionality for those securities.

After redeeming the public shares, the board plans to seek an amendment that would remove the obligation to dissolve, allowing the post-redemption entity to remain quoted on OTC Markets and potentially pursue an alternative business combination in the future. No timeline or target has been disclosed.

Kairous Acquisition Corp. Limited (OTC: KACLF/KACUF) ha avviato la liquidazione obbligatoria del suo trust SPAC. La società non ha depositato i 50.000 dollari richiesti entro il 16 maggio 2025 per estendere la scadenza della combinazione aziendale al 16 giugno 2025, come previsto dal suo Quarto Memorandum e Statuto Modificato e Integrato. Secondo lo statuto, il mancato pagamento comporta che la SPAC debba (i) iniziare lo scioglimento, (ii) liquidare il trust e rimborsare tutte le azioni ordinarie pubbliche emesse nell'IPO, e (iii) successivamente liquidare e sciogliere la società.

Il consiglio intende ora dare istruzioni al trustee di liquidare i titoli detenuti nel trust e trasferire i fondi su un conto operativo presso Citibank. Gli azionisti pubblici riceveranno il rimborso in contanti proporzionale entro 10 giorni lavorativi dopo il 30 giugno 2025. I detentori in nominativo di deposito non devono intraprendere alcuna azione; i detentori registrati devono consegnare i certificati a Continental Stock Transfer & Trust.

Lo sponsor, gli amministratori e i dirigenti hanno rinunciato ai loro diritti di rimborso, pertanto solo gli azionisti pubblici parteciperanno al pagamento. Tutti i warrant (KACWF) e i diritti (KACRF) scadranno senza valore, eliminando qualsiasi opzione di guadagno per questi titoli.

Dopo il rimborso delle azioni pubbliche, il consiglio intende richiedere una modifica che elimini l'obbligo di scioglimento, permettendo all'entità post-rimborso di rimanere quotata su OTC Markets e di poter eventualmente perseguire una combinazione aziendale alternativa in futuro. Non è stato comunicato alcun calendario o obiettivo.

Kairous Acquisition Corp. Limited (OTC: KACLF/KACUF) ha iniciado la liquidación obligatoria de su fideicomiso SPAC. La compañía no depositó los 50,000 dólares requeridos el 16 de mayo de 2025 para extender su fecha límite de combinación de negocios al 16 de junio de 2025, según lo permitido por su Cuarto Memorando y Estatutos Enmendados y Reformulados. Según el estatuto, no realizar ese pago obliga a la SPAC a (i) comenzar a liquidar, (ii) liquidar el fideicomiso y redimir todas las acciones ordinarias públicas emitidas en la OPI, y (iii) posteriormente liquidar y disolver la entidad.

La junta ahora planea instruir al fiduciario para que liquide los valores en el fideicomiso y transfiera el efectivo a una cuenta operativa en Citibank. Los accionistas públicos recibirán su efectivo prorrateado dentro de los 10 días hábiles posteriores al 30 de junio de 2025. Los titulares en nombre de terceros no necesitan tomar ninguna acción; los titulares registrados deben entregar los certificados a Continental Stock Transfer & Trust.

El patrocinador, los funcionarios y directores han renunciado a sus derechos de redención, lo que significa que solo los accionistas públicos participarán en el pago. Todos los warrants (KACWF) y derechos (KACRF) expirarán sin valor, eliminando cualquier posibilidad de ganancia para esos valores.

Después de redimir las acciones públicas, la junta planea solicitar una enmienda que elimine la obligación de disolución, permitiendo que la entidad posterior a la redención permanezca cotizada en OTC Markets y potencialmente busque una combinación de negocios alternativa en el futuro. No se ha divulgado ningún cronograma ni objetivo.

Kairous Acquisition Corp. Limited (OTC: KACLF/KACUF)가 SPAC 신탁의 의무적 청산을 개시했습니다. 회사는 2025년 5월 16일까지 사업 결합 기한을 2025년 6월 16일까지 연장하기 위해 필요한 5만 달러를 예치하지 못했습니다. 이는 네 번째 수정 및 재작성된 정관에 따라 허용된 사항입니다. 정관에 따르면 이 지불을 놓치면 SPAC는 (i) 청산 절차를 시작하고, (ii) 신탁을 청산하며 IPO에서 발행된 모든 공개 보통주를 상환하고, (iii) 이후 청산 및 해산해야 합니다.

이사회는 현재 신탁에 보유된 증권을 청산하고 현금을 시티은행 운영 계좌로 이체하도록 수탁자에게 지시할 예정입니다. 공개 주주들은 2025년 6월 30일 이후 10 영업일 내에 비례 배분된 현금을 받게 됩니다. 명의신탁 보유자는 별도의 조치를 취할 필요가 없으며, 등록된 보유자는 증서를 Continental Stock Transfer & Trust에 제출해야 합니다.

스폰서, 임원 및 이사들은 상환 권리를 포기했으며, 이는 공개 보유자만 배당에 참여함을 의미합니다. 모든 워런트(KACWF)와 권리(KACRF)는 가치 없이 만료되어 해당 증권에 대한 상승 옵션이 사라집니다.

공개 주식 상환 후, 이사회는 해산 의무를 제거하는 수정안을 추진할 계획이며, 이를 통해 상환 후 법인이 OTC Markets에 상장된 상태로 남아 향후 대체 사업 결합을 모색할 수 있게 됩니다. 구체적인 일정이나 목표는 공개되지 않았습니다.

Kairous Acquisition Corp. Limited (OTC : KACLF/KACUF) a déclenché la liquidation obligatoire de son trust SPAC. La société n’a pas déposé les 50 000 USD requis avant le 16 mai 2025 pour prolonger la date limite de combinaison d’affaires au 16 juin 2025, comme autorisé par son Quatrième Mémorandum et Statuts Modifiés et Révisés. Selon les statuts, le non-paiement oblige la SPAC à (i) commencer la liquidation, (ii) liquider le trust et racheter toutes les actions ordinaires publiques émises lors de l’IPO, puis (iii) liquider et dissoudre ensuite.

Le conseil d’administration a maintenant l’intention d’ordonner au fiduciaire de liquider les titres détenus dans le trust et de transférer les liquidités sur un compte opérationnel chez Citibank. Les actionnaires publics recevront leur part en espèces dans les 10 jours ouvrables suivant le 30 juin 2025. Les détenteurs en nom de tiers n’ont aucune démarche à effectuer ; les détenteurs enregistrés doivent remettre leurs certificats à Continental Stock Transfer & Trust.

Le sponsor, les dirigeants et administrateurs ont renoncé à leurs droits de rachat, ce qui signifie que seuls les détenteurs publics participeront au versement. Tous les warrants (KACWF) et droits (KACRF) expireront sans valeur, supprimant toute possibilité de gain pour ces titres.

Après le rachat des actions publiques, le conseil prévoit de demander une modification visant à supprimer l’obligation de dissolution, permettant à l’entité post-rachat de rester cotée sur OTC Markets et potentiellement de poursuivre une combinaison d’affaires alternative à l’avenir. Aucun calendrier ni objectif n’a été communiqué.

Kairous Acquisition Corp. Limited (OTC: KACLF/KACUF) hat die zwingende Liquidation ihres SPAC-Treuhandvermögens ausgelöst. Das Unternehmen hat es versäumt, die erforderlichen 50.000 US-Dollar bis zum 16. Mai 2025 einzuzahlen, um die Frist für die Geschäftskombination bis zum 16. Juni 2025 zu verlängern, wie es in der vierten geänderten und neu gefassten Satzung vorgesehen ist. Gemäß der Satzung führt das Ausbleiben der Zahlung dazu, dass die SPAC (i) mit der Abwicklung beginnen, (ii) das Treuhandvermögen liquidieren und alle im Börsengang ausgegebenen öffentlichen Stammaktien zurückkaufen und (iii) anschließend liquidieren und auflösen muss.

Der Vorstand beabsichtigt nun, den Treuhänder anzuweisen, die im Treuhandvermögen gehaltenen Wertpapiere zu liquidieren und das Geld auf ein Betriebskonto bei der Citibank zu übertragen. Öffentliche Aktionäre erhalten ihren anteiligen Barbetrag innerhalb von 10 Geschäftstagen nach dem 30. Juni 2025. Street-Name-Inhaber müssen nichts unternehmen; registrierte Inhaber müssen ihre Zertifikate an Continental Stock Transfer & Trust übergeben.

Sponsor, Führungskräfte und Direktoren haben auf ihre Rücknahmerechte verzichtet, sodass nur öffentliche Inhaber an der Auszahlung teilnehmen. Alle Warrants (KACWF) und Rechte (KACRF) verfallen wertlos, wodurch jegliche Aufwärtsoption für diese Wertpapiere entfällt.

Nach der Rücknahme der öffentlichen Aktien plant der Vorstand, eine Änderung zu beantragen, die die Auflösungspflicht aufhebt, sodass die Gesellschaft nach der Rücknahme an den OTC Markets notiert bleiben und möglicherweise in Zukunft eine alternative Geschäftskombination anstreben kann. Ein Zeitplan oder Ziel wurde nicht bekannt gegeben.

Positive
  • None.
Negative
  • Mandatory liquidation due to missed US$50k extension payment forces redemption of all public shares.
  • Warrants and rights expire worthless, eliminating upside leverage for holders.
  • Uncertain future strategy: Board aims to amend charter to avoid dissolution but provides no concrete plan or timeline.

Insights

TL;DR: Missed US$50k extension forces trust liquidation; public shares redeemed, warrants/rights void—materially negative for upside seekers.

Failure to fund the trust extension is a clear technical default that activates the charter’s liquidation waterfall. For investors, the outcome is straightforward: cash is returned at the trust’s per-share value—likely near US$10—but any potential merger premium evaporates. The redemption is procedurally sound and expected within 10 business days of 30 June 2025, so liquidity risk is minimal. However, warrants and rights become worthless, wiping out leverage-style instruments many speculative holders own. While management hints at retaining the listing and seeking “alternative opportunities,” such shell structures often face regulatory and capital constraints; value creation from that path is speculative. Overall, the filing is impactful and negative for anyone counting on an eventual de-SPAC transaction.

TL;DR: Cash back, no deal; neutral for NAV investors, negative for warrant/option holders.

From a portfolio-return standpoint, common holders essentially crystallise the trust cash at par, which may even be a slight positive if the units traded at a discount. Yet the real optionality in SPACs lies in the warrants and post-combination upside; that is now gone. Sponsor waiver prevents dilution of the payout pool but also signals limited sponsor commitment going forward. Any plan to amend the charter post-redemption offers optionality but lacks specifics and funding, making it an out-of-the-money call at best. Net result: capital is preserved but growth thesis is terminated.

Kairous Acquisition Corp. Limited (OTC: KACLF/KACUF) ha avviato la liquidazione obbligatoria del suo trust SPAC. La società non ha depositato i 50.000 dollari richiesti entro il 16 maggio 2025 per estendere la scadenza della combinazione aziendale al 16 giugno 2025, come previsto dal suo Quarto Memorandum e Statuto Modificato e Integrato. Secondo lo statuto, il mancato pagamento comporta che la SPAC debba (i) iniziare lo scioglimento, (ii) liquidare il trust e rimborsare tutte le azioni ordinarie pubbliche emesse nell'IPO, e (iii) successivamente liquidare e sciogliere la società.

Il consiglio intende ora dare istruzioni al trustee di liquidare i titoli detenuti nel trust e trasferire i fondi su un conto operativo presso Citibank. Gli azionisti pubblici riceveranno il rimborso in contanti proporzionale entro 10 giorni lavorativi dopo il 30 giugno 2025. I detentori in nominativo di deposito non devono intraprendere alcuna azione; i detentori registrati devono consegnare i certificati a Continental Stock Transfer & Trust.

Lo sponsor, gli amministratori e i dirigenti hanno rinunciato ai loro diritti di rimborso, pertanto solo gli azionisti pubblici parteciperanno al pagamento. Tutti i warrant (KACWF) e i diritti (KACRF) scadranno senza valore, eliminando qualsiasi opzione di guadagno per questi titoli.

Dopo il rimborso delle azioni pubbliche, il consiglio intende richiedere una modifica che elimini l'obbligo di scioglimento, permettendo all'entità post-rimborso di rimanere quotata su OTC Markets e di poter eventualmente perseguire una combinazione aziendale alternativa in futuro. Non è stato comunicato alcun calendario o obiettivo.

Kairous Acquisition Corp. Limited (OTC: KACLF/KACUF) ha iniciado la liquidación obligatoria de su fideicomiso SPAC. La compañía no depositó los 50,000 dólares requeridos el 16 de mayo de 2025 para extender su fecha límite de combinación de negocios al 16 de junio de 2025, según lo permitido por su Cuarto Memorando y Estatutos Enmendados y Reformulados. Según el estatuto, no realizar ese pago obliga a la SPAC a (i) comenzar a liquidar, (ii) liquidar el fideicomiso y redimir todas las acciones ordinarias públicas emitidas en la OPI, y (iii) posteriormente liquidar y disolver la entidad.

La junta ahora planea instruir al fiduciario para que liquide los valores en el fideicomiso y transfiera el efectivo a una cuenta operativa en Citibank. Los accionistas públicos recibirán su efectivo prorrateado dentro de los 10 días hábiles posteriores al 30 de junio de 2025. Los titulares en nombre de terceros no necesitan tomar ninguna acción; los titulares registrados deben entregar los certificados a Continental Stock Transfer & Trust.

El patrocinador, los funcionarios y directores han renunciado a sus derechos de redención, lo que significa que solo los accionistas públicos participarán en el pago. Todos los warrants (KACWF) y derechos (KACRF) expirarán sin valor, eliminando cualquier posibilidad de ganancia para esos valores.

Después de redimir las acciones públicas, la junta planea solicitar una enmienda que elimine la obligación de disolución, permitiendo que la entidad posterior a la redención permanezca cotizada en OTC Markets y potencialmente busque una combinación de negocios alternativa en el futuro. No se ha divulgado ningún cronograma ni objetivo.

Kairous Acquisition Corp. Limited (OTC: KACLF/KACUF)가 SPAC 신탁의 의무적 청산을 개시했습니다. 회사는 2025년 5월 16일까지 사업 결합 기한을 2025년 6월 16일까지 연장하기 위해 필요한 5만 달러를 예치하지 못했습니다. 이는 네 번째 수정 및 재작성된 정관에 따라 허용된 사항입니다. 정관에 따르면 이 지불을 놓치면 SPAC는 (i) 청산 절차를 시작하고, (ii) 신탁을 청산하며 IPO에서 발행된 모든 공개 보통주를 상환하고, (iii) 이후 청산 및 해산해야 합니다.

이사회는 현재 신탁에 보유된 증권을 청산하고 현금을 시티은행 운영 계좌로 이체하도록 수탁자에게 지시할 예정입니다. 공개 주주들은 2025년 6월 30일 이후 10 영업일 내에 비례 배분된 현금을 받게 됩니다. 명의신탁 보유자는 별도의 조치를 취할 필요가 없으며, 등록된 보유자는 증서를 Continental Stock Transfer & Trust에 제출해야 합니다.

스폰서, 임원 및 이사들은 상환 권리를 포기했으며, 이는 공개 보유자만 배당에 참여함을 의미합니다. 모든 워런트(KACWF)와 권리(KACRF)는 가치 없이 만료되어 해당 증권에 대한 상승 옵션이 사라집니다.

공개 주식 상환 후, 이사회는 해산 의무를 제거하는 수정안을 추진할 계획이며, 이를 통해 상환 후 법인이 OTC Markets에 상장된 상태로 남아 향후 대체 사업 결합을 모색할 수 있게 됩니다. 구체적인 일정이나 목표는 공개되지 않았습니다.

Kairous Acquisition Corp. Limited (OTC : KACLF/KACUF) a déclenché la liquidation obligatoire de son trust SPAC. La société n’a pas déposé les 50 000 USD requis avant le 16 mai 2025 pour prolonger la date limite de combinaison d’affaires au 16 juin 2025, comme autorisé par son Quatrième Mémorandum et Statuts Modifiés et Révisés. Selon les statuts, le non-paiement oblige la SPAC à (i) commencer la liquidation, (ii) liquider le trust et racheter toutes les actions ordinaires publiques émises lors de l’IPO, puis (iii) liquider et dissoudre ensuite.

Le conseil d’administration a maintenant l’intention d’ordonner au fiduciaire de liquider les titres détenus dans le trust et de transférer les liquidités sur un compte opérationnel chez Citibank. Les actionnaires publics recevront leur part en espèces dans les 10 jours ouvrables suivant le 30 juin 2025. Les détenteurs en nom de tiers n’ont aucune démarche à effectuer ; les détenteurs enregistrés doivent remettre leurs certificats à Continental Stock Transfer & Trust.

Le sponsor, les dirigeants et administrateurs ont renoncé à leurs droits de rachat, ce qui signifie que seuls les détenteurs publics participeront au versement. Tous les warrants (KACWF) et droits (KACRF) expireront sans valeur, supprimant toute possibilité de gain pour ces titres.

Après le rachat des actions publiques, le conseil prévoit de demander une modification visant à supprimer l’obligation de dissolution, permettant à l’entité post-rachat de rester cotée sur OTC Markets et potentiellement de poursuivre une combinaison d’affaires alternative à l’avenir. Aucun calendrier ni objectif n’a été communiqué.

Kairous Acquisition Corp. Limited (OTC: KACLF/KACUF) hat die zwingende Liquidation ihres SPAC-Treuhandvermögens ausgelöst. Das Unternehmen hat es versäumt, die erforderlichen 50.000 US-Dollar bis zum 16. Mai 2025 einzuzahlen, um die Frist für die Geschäftskombination bis zum 16. Juni 2025 zu verlängern, wie es in der vierten geänderten und neu gefassten Satzung vorgesehen ist. Gemäß der Satzung führt das Ausbleiben der Zahlung dazu, dass die SPAC (i) mit der Abwicklung beginnen, (ii) das Treuhandvermögen liquidieren und alle im Börsengang ausgegebenen öffentlichen Stammaktien zurückkaufen und (iii) anschließend liquidieren und auflösen muss.

Der Vorstand beabsichtigt nun, den Treuhänder anzuweisen, die im Treuhandvermögen gehaltenen Wertpapiere zu liquidieren und das Geld auf ein Betriebskonto bei der Citibank zu übertragen. Öffentliche Aktionäre erhalten ihren anteiligen Barbetrag innerhalb von 10 Geschäftstagen nach dem 30. Juni 2025. Street-Name-Inhaber müssen nichts unternehmen; registrierte Inhaber müssen ihre Zertifikate an Continental Stock Transfer & Trust übergeben.

Sponsor, Führungskräfte und Direktoren haben auf ihre Rücknahmerechte verzichtet, sodass nur öffentliche Inhaber an der Auszahlung teilnehmen. Alle Warrants (KACWF) und Rechte (KACRF) verfallen wertlos, wodurch jegliche Aufwärtsoption für diese Wertpapiere entfällt.

Nach der Rücknahme der öffentlichen Aktien plant der Vorstand, eine Änderung zu beantragen, die die Auflösungspflicht aufhebt, sodass die Gesellschaft nach der Rücknahme an den OTC Markets notiert bleiben und möglicherweise in Zukunft eine alternative Geschäftskombination anstreben kann. Ein Zeitplan oder Ziel wurde nicht bekannt gegeben.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 30, 2025

 

Kairous Acquisition Corp. Limited

(Exact name of Registrant as specified in its Charter)

 

Cayman Islands   001-41155   n/a
(State or Other Jurisdiction
of Incorporation)
  (Commission
File Number)
  (I.R.S. Employer
Identification No.)

 

Level 39 Marina Bay Financial Centre Tower 2,

10 Marina Boulevard,

City Singapore 018983, Singapore

(Address of Principal Executive Offices)

 

+662-255-6851340

(Registrant’s Telephone Number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (see general instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14-a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbols(s)   Name of each exchange on which registered
Units, each consisting of one ordinary share, $0.0001 par value, one-half (1/2) of one redeemable warrant and one right entitling the holder to receive one-tenth of one ordinary share   KACUF   OTC Markets Group, Inc.
Ordinary shares, par value $0.0001 per share   KACLF   OTC Markets Group, Inc.
Redeemable warrants, each exercisable for one ordinary share at an exercise price of $11.50 included as part of the units   KACWF   OTC Markets Group, Inc.
Rights, each to receive one-tenth of one ordinary share   KACRF   OTC Markets Group, Inc.

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 8.01 Other Events.

 

On May 16, 2025, the Company failed to properly extend the business combination period to June 16, 2025, as it did not deposit $50,000 (as required by the Company’s Fourth Amended and Restated Memorandum and Articles of Association (the “Charter”)) to the trust account in order to extend the date by which it must consummate an initial business combination (the “Termination Date”) to beyond May 16, 2025.

 

Under the Charter, if the Company does not consummate an initial business combination by the Termination Date, the Company is required to (i) immediately commence a wind down of operations, (ii) as promptly as reasonably possible but not more than ten business days thereafter, liquidate the Trust Account and redeem all of the outstanding public ordinary shares (“Public Shares”) that were included in the units issued in its initial public offering, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company’s remaining members and the directors, liquidate and dissolve.

 

The Company intends to liquidate the trust account and redeem the Public Shares. In order to provide for the disbursement of funds from the trust account, the Company will instruct the trustee of the trust account to take all necessary actions to liquidate the securities held in the trust account. The proceeds of the trust account will be held in a trust operating account at Citibank, N.A, while awaiting disbursement to the holders of the Public Shares. Record holders will receive their pro rata portion of the proceeds of the trust account by delivering their Public Shares to Continental Stock Transfer & Trust Company, the Company’s transfer agent. Beneficial owners of Public Shares held in ‘street name,” however, will not need to take any action in order to receive the redemption amount. The redemption of the Public Shares is expected to be completed within ten business days after June 30, 2025.

 

The Company’s sponsor, officers and directors have agreed to waive their redemption rights with respect to their outstanding ordinary shares issued prior to the Company’s initial public offering and owned by the Company’s sponsor.

 

There will be no redemption rights or liquidating distributions with respect to the Company’s warrants or rights, which will expire worthless.

 

After the redemption of the Public Shares, the board of directors of the Company intends to seek to amend the Charter to remove the obligation to liquidate and dissolve the Company, such that the Company may remain listed on the OTC Markets and allow it to seek alternative opportunities, including potentially a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

 

Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

 

(d) Exhibits

 

Exhibit No.   Description
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

Date: July 1, 2025

 

  KAIROUS ACQUISITION CORP. LIMITED
     
  By: /s/ Athiwat Apichote
  Name: Athiwat Apichote
  Title: Chief Executive Officer

 

 

 

 

FAQ

Why is Kairous Acquisition Corp. Limited (KACLF) liquidating its trust?

The company failed to deposit US$50,000 on 16 May 2025, missing the extension payment required to prolong its merger deadline, which triggers liquidation under its charter.

When will KACLF shareholders receive their redemption proceeds?

Redemption is expected to be completed within 10 business days after 30 June 2025 once the trust assets are liquidated.

Do KACWF warrants or KACRF rights have any redemption value?

No. The filing states there will be no redemption or liquidating distributions for warrants or rights; they will expire worthless.

What action must street-name holders take to receive the cash distribution?

Beneficial owners do not need to take any action; their brokerage will handle the redemption automatically.

Can the company pursue a merger after redeeming the public shares?

The board intends to seek a charter amendment to remain listed and explore alternative business combinations, but no specific deal or timeline is disclosed.
Kairous Acquisition

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