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Kairous Acquisition ( (KACLF) ) has issued an announcement.
On May 16, 2025, Kairous Acquisition failed to extend its business combination period due to not depositing the required $50,000 into the trust account, as stipulated in their Charter. Consequently, the company is set to liquidate its trust account and redeem public shares, with the redemption expected to be completed within ten business days after June 30, 2025. The company’s sponsor, officers, and directors have waived their redemption rights, and the board intends to amend the Charter to avoid liquidation and explore alternative business opportunities.
More about Kairous Acquisition
Average Trading Volume: 426
Technical Sentiment Signal: Buy
Current Market Cap: $40.78M
See more data about KACLF stock on TipRanks’ Stock Analysis page.