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Kairous Acquisition Priced, Nasdaq: KACL

Blank check company led by the founder of Kairous Capital targeting businesses in Asia (pending: NR Instant Produce).

Industry: SPAC

Latest Trade: $12.54 0.00 (0.0%)

First Day Return: +0.6%

Return from IPO: +25.4%

Industry: SPAC

We are a blank check company. Our efforts to identify a prospective target business will not be limited to a particular industry or geographic location, although we currently intend to focus on opportunities in Asia. We will seek to capitalize on the comprehensive experience and contacts of our executive officers in consummating an initial business combination. Our management team is comprised of Joseph Moh Hon Lee, our Chairman and Chief Executive Officer, and Philip Cheung Wang Wong, our Chief Financial Officer. Mr. Joseph Lee has extensive experience in private equity and venture capital investments while Mr. Philip Wong has more than 24 years of entrepreneurship experience including over 22 years of investment experience across the Asia Pacific region. In particular, Mr. Joseph Lee is the founder of Kairous Capital, a regional venture capital firm focusing on technology investments across China and Southeast Asia. He has successfully invested in more than 25 companies and exited many of them through trade sales and initial public offerings on the London Stock Exchange, Hong Kong Stock Exchange, and Shanghai Stock Exchange. For example, he was involved in the setup of the first and largest shariah private equity fund with a size of USD100 million.
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IPO Data
IPO File Date 08/24/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 7.5
Deal Size ($mm) $75
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/13/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 7.5
Deal Size ($mm) $75
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Maxim Group LLC
Company Data
Headquarters Kuala Lumpur, Malaysia
Founded 2021
Employees at IPO 2

Kairous Acquisition (KACL) Performance