Kernel Group Holdings, Inc. Extends Business Combination Timeline by One Month: What You Need to Know About the Risk Factors and Forward-Looking Statements

Kernel Group Holdings, Inc. Extends Timeline to Complete Initial Business Combination

Kernel Group Holdings, Inc (NASDAQ: KRNLU, KRNL, KRNLW) has announced an extension of the period to consummate its initial business combination by one month from April 5, 2024, to May 5, 2024. This extension is the third of six permitted under the Company’s governing documents.

Certain statements in the press release are considered forward-looking statements and are subject to the safe harbor provisions of the Securities Exchange Act of 1934. These statements are based on the current beliefs and expectations of the Company’s management, including its ability to complete the initial business combination. However, there are significant risks and uncertainties involved. Factors beyond the Company’s control could cause future events to differ from these forward-looking statements.

Key risk factors affecting the Company’s business and prospects are outlined in its Prospectus filed with the SEC on February 4, 2021, and subsequent reports filed with the SEC. The Company emphasizes that any forward-looking statements are made only as of the date of the press release. The Company disclaims any intention or obligation to update or revise these statements, unless required by applicable securities laws.

For further information about Kernel Group Holdings, Inc., please visit its website at www.kernelcapitalpartners.com or contact hd@kernelcapitalpartners.com .

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