Kairous Asia Ltd - 16 Dec 2021 Form 4 Insider Report for Kairous Acquisition Corp. Ltd (KACLF)

Role
10%+ Owner
Signature
Kairous Asia Ltd By: /s/ Joseph Moh Hon Lee
Issuer symbol
KACLF
Transactions as of
16 Dec 2021
Net transactions value
+$3,571,430
Form type
4
Filing time
21 Dec 2021, 12:11:54 UTC
Previous filing
13 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KACL Ordinary Share Purchase $3,571,430 +357,143 +18% $10.00 2,349,393 16 Dec 2021 Direct F1

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 KACL Warrants to purchase Ordinary Share Purchase +178,571 178,571 16 Dec 2021 Ordinary Share 178,571 $11.50 Direct F1, F2, F3
transaction KACL Rights to receive Ordinary Share Purchase +357,143 357,143 16 Dec 2021 Ordinary Share 35,714 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person acquired units at $10 for each unit, each unit consisting of one ordinary share, one-half of one warrant, and one right to receive one-tenth of one ordinary share.
F2 The warrants become exercisable 30 days after the consummation of the registrant's initial business combination.
F3 The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC.
F4 The rights convert automatically into ordinary shares at the completion of the registrant's initial business combination.