Kernel Group Holdings, Inc. has announced an extension of the period to consummate its initial business combination. The company has elected to extend the deadline by one month, from April 5, 2024, to May 5, 2024. This extension is the third of six allowed under the company’s governing documents.
In a cautionary statement regarding forward-looking statements, the company highlighted that certain statements in the press release are subject to the safe harbor provision of the Securities Exchange Act of 1934. These forward-looking statements are based on the current beliefs and expectations of the company’s management, including the ability to complete the initial business combination. However, these statements are subject to significant risks and uncertainties that could cause future events to differ from the expectations outlined in the statements.
The company emphasized that factors outside of its control could impact the ability to achieve the initial business combination. These risk factors affecting the business and prospects of the company can be found in the “Risk Factors” section of
