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

Role
10%+ Owner
Signature
Kairous Asia Ltd By: /s/ Joseph Moh Hon Lee
Stock symbol
KACL
Transactions as of
Dec 16, 2021
Transactions value $
$3,571,430
Form type
4
Date filed
12/21/2021, 12:11 PM
Previous filing
Dec 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KACL Ordinary Share Purchase $3.57M +357K +17.93% $10.00 2.35M Dec 16, 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 +179K 179K Dec 16, 2021 Ordinary Share 179K $11.50 Direct F1, F2, F3
transaction KACL Rights to receive Ordinary Share Purchase +357K 357K Dec 16, 2021 Ordinary Share 35.7K 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.