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Kairos Acquisition Priced, Nasdaq: KAIRU

Blank check company targeting the insurance and insurtech sectors (liquidated).

Industry: SPAC

First Day Return: +2.0%

Industry: SPAC

We are a blank check company. We currently intend to concentrate our acquisition efforts on business merger targets within the insurance and InsurTech (as defined below) sectors where our experience and access to public markets can be a catalyst for accelerating growth. We expect to place particular emphasis on regulated insurance or reinsurance companies, distributors or technology and insurance service providers that focus on specialty lines of business or that target product or customer niches where a differentiated service offering and the advent of new technologies have created, or are expected to create, a sustainable competitive advantage. Our acquisition strategy will seek to capitalize on the significant mergers and acquisitions and insurance expertise and relationships of our management team. We believe that our management team, comprised of both executives and investors in the insurance industry, is well positioned to identify acquisition opportunities that will be suitable for the public markets. We are not, however, required to complete our initial business combination with an insurance or InsurTech business and, as a result, we may pursue a business combination outside of that industry.
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IPO Data
IPO File Date 12/21/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 24.0
Deal Size ($mm) $240
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/05/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $240
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees at IPO 2

Kairos Acquisition (KAIRU) Performance