Kernel Group Holdings, Inc based in New York has announced that it has decided to extend the deadline for completing its initial business combination from June 5, 2024, to July 5, 2024. This extension, the fifth of six allowed under the company’s governing documents, provides more time for the Company to finalize its plans.
In a cautionary statement included in the press release, the company noted that certain statements are considered forward-looking and subject to the Securities Exchange Act of 1934. These statements are based on the current beliefs and expectations of the management team, including their confidence in completing the initial business combination. However, the company acknowledges that there are significant risks and uncertainties that could impact future events and outcomes.
The company emphasized that factors outside of their control could influence the completion of the initial business combination. These risk factors are outlined in the Company’s Prospectus filed with the SEC on February 4, 2021, along with subsequent reports. The company is committed to transparency and compliance with securities laws.
For more information or inquiries, individuals can contact hd@kernelcap.com. The company will continue to provide updates as necessary and remains focused on reaching a successful business combination within the extended timeframe.
