Kernel Group Holdings, Inc. Extends Initial Business Combination Deadline: What You Need to Know about Forward-Looking Statements

Kernel Group Holdings, Inc., a special purpose acquisition company trading on NASDAQ under the tickers KRNLU, KRNL, and KRNLW, has announced that it is extending the deadline for its initial business combination from June 5, 2024 to July 5, 2024. This extension is the fifth of six allowed under the company’s governing documents.

In a cautionary statement regarding forward-looking statements, the company emphasized that certain statements in the press release are forward-looking and subject to the safe harbor provisions of the Securities Exchange Act of 1934. These statements include the company’s beliefs about its ability to complete its initial business combination and are based on current management expectations. However, there are significant risks and uncertainties that could affect future events, many of which are beyond the company’s control. These risks are outlined in the company’s Prospectus and subsequent reports filed with the SEC.

As of the date of the press release, the company disclaims any intention or obligation to update or revise any forward-looking statements unless required by applicable securities laws. For further information, individuals can contact hd@kernelcap.com.