Kernel Group Holdings, Inc., a special purpose acquisition company trading on NASDAQ under the tickers KRNLU, KRNL, and KRNLW, has announced that it has extended the deadline for completing its initial business combination. The extension will now be until June 5, 2024, one month beyond the original deadline of May 5, 2024. This is the fourth of six available extensions under the Company’s governing documents.
In a cautionary statement regarding forward-looking statements, the Company highlighted that certain statements in their press release are considered forward-looking and are subject to the safe harbor provisions of the Securities Exchange Act of 1934. These statements express the Company’s management beliefs and expectations and include factors such as their ability to complete the initial business combination. However, these statements are also subject to risks and uncertainties that could cause future events to differ from what is predicted.
The Company emphasizes that any forward-looking statements made are as of the date of the press release and that they do not have any obligation to update or revise these statements unless required by applicable securities laws. Various risk factors, many of which are beyond the Company’s control, could impact their business and prospects. These risk factors are outlined in the Company’s Prospectus filed with the SEC on February 4, 2021, and subsequent reports filed with the SEC.
Interested parties can contact hd@kernelcap.com for further information or inquiries.
