Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination

May 6, 2023

https://www.globenewswire.com/news-release/2023/05/05/2662851/0/en/Kernel-Group-Holdings-Inc-Confirms-Funding-to-Extend-Period-to-Consummate-Initial-Business-Combination.html

New York, May 05, 2023 (GLOBE NEWSWIRE) — Kernel Group Holdings, Inc. (NASDAQ:KRNLU, KRNL, KRNLW) (“KRNL” or the “Company”), a special purpose acquisition company, announced today it caused to be deposited $300,000 into the Company’s Trust account for its public shareholders, representing $0.04 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination by one month from May 5, 2023 to June 5, 2023 (the “Extension”). The Extension is the fourth of six-monthly extensions permitted under the Company’s governing documents.

Read more at globenewswire.com

Related news for (KRNL)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.