Peter Bang - Nov 16, 2021 Form 4 Insider Report for Kairos Acquisition Corp. (KAIR)

Role
Chief Executive Officer, Director
Signature
/s/ Peter Bang
Stock symbol
KAIR
Transactions as of
Nov 16, 2021
Transactions value $
$0
Form type
4
Date filed
11/18/2021, 03:46 PM

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KAIR Class B Ordinary Shares Sale $0 -15K -0.51% $0.00 2.94M Nov 16, 2021 Class A Ordinary Shares 15K See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the registrant's registration statement on Form S-1 (File No. 333-251553) under the heading "Description of Securities - Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the registrant's initial business combination on a one-for-one basis (unless otherwise provided in the registrant's initial business combination agreement), subject to adjustment for share subdivisions, share consolidations, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
F2 These shares represent 2,940,106 Class B ordinary shares held by Kairos Alpha Acquisition LLC (the "Sponsor") which were subject to share dividends.
F3 Mr. Bang is the sole managing member of the Sponsor and has voting and dispositive control over the shares held by the Sponsor and may be deemed the beneficial owner of such shares. Mr. Bang disclaims any beneficial ownership of the securities held by the Sponsor other than to the extent of any pecuniary interest he may have therein, directly or indirectly.