December 20, 2021
KAIROUS ACQUISITION CORP. LIMITED (KACLU), a Cayman Islands company incorporated as a blank check company, announced today the closing of its initial public offering and the sale of 7,800,000 units, at a purchase price of $10 per unit, for aggregate gross proceeds of approximately $78,000,000. Each unit consists of one ordinary share, one-half of one redeemable warrant and one right to receive one-tenth of an ordinary share upon the consummation of an initial business combination.
Maxim Group LLC acted as the representative of the underwriters of the offering. Hunter Taubman Fischer & Li LLC acted as U.S. securities counsel to Maxim Group LLC.
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