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Kairos Acquisition Corp. Financial Report: Securities Issued on Feb 14, 2025

$KACL
Form 8-K
Filed on: 2025-02-18
Source
Kairos Acquisition Corp. Financial Report: Securities Issued on Feb 14, 2025

The financial report section provided contains key information regarding the securities issued by Kairos Acquisition Corp. (CIK: 0001865468) on February 14, 2025. Here are the extracted insights:

  1. Entity Identification:
  • Company Name: Kairos Acquisition Corp.
  • SEC Central Index Key (CIK): 0001865468
  1. Reporting Date:
  • The report is for the date: February 14, 2025.
  1. Securities Issued:
  • The company issued units consisting of:
    • One Ordinary Share: Par value of $0.0001.
    • One-Half (1/2) of a Redeemable Warrant: Each warrant is exercisable for one ordinary share at an exercise price of $11.50.
    • One Right: Each right entitles the holder to receive one-tenth (1/10) of one ordinary share.
  1. Warrant and Rights Details:
  • The redeemable warrants included in the units allow the holder to purchase an ordinary share at a price of $11.50, which indicates potential future capital raising through the exercise of these warrants.
  • The rights provide holders with a fractional ownership in an ordinary share, which may appeal to investors looking for lower risk or entry points.
  1. Financial Metrics:
  • The units are measured in USD and shares, indicating that the financial report may involve monetary values associated with these securities.
  1. Location and Contact Information:
  • The company's office is located at Level 39 Marina Bay Financial Centre Tower 2, 10 Marina Boulevard, Singapore 018983.
  • Contact Number: +662 255-6851340.

Summary:

Kairos Acquisition Corp. is issuing units that consist of ordinary shares, redeemable warrants, and rights, all of which are tailored to attract investors. The structure offers a blend of immediate equity through shares, potential upside through warrants, and a fractional interest through rights. The details provided indicate a strategic approach to capital formation and investor engagement.