Kairous Acquisition Corp. Ltd.

General Information

Our efforts to identify a prospective target business will not be limited to a particular industry or geographic region, although the company intends to focus on opportunities in Asia (excluding China). We intend to primarily focus on fast-growing technology companies in different industry verticals, including but not limited to e-commerce, financial technology (FinTech), insurance technology, digital health, digital media and digital services. We shall not undertake our initial business combination with any entity with its principal business operations in China (including Hong Kong and Macau). (Incorporated in the Cayman Islands)

We will seek to capitalize on the comprehensive experience and contacts of our executive officers in consummating an initial business combination. Our management team is comprised of Joseph Moh Hon Lee, our Chairman and Chief Executive Officer, and Philip Cheung Wang Wong, our Chief Financial Officer. Mr. Joseph Lee has extensive experience in private equity and venture capital investments while Mr. Philip Wong has more than 24 years of entrepreneurship experience including over 22 years of investment experience across the Asia Pacific region. In particular, Mr. Joseph Lee is the founder of Kairous Capital, a regional venture capital firm focusing on technology investments across China and Southeast Asia. He has successfully invested in more than 25 companies and exited many of them through trade sales and initial public offerings on the London Stock Exchange, Hong Kong Stock Exchange, and Shanghai Stock Exchange. For example, he was involved in the setup of the first and largest shariah private equity fund with a size of US$100 million.

(Note: Kairous Acquisition Corp. Ltd. priced its SPAC IPO on Dec. 13, 2021, in line with the terms in its recently upsized prospectus: 7.5 million units at $10 each to raise $75 million. Previously: Kairous Acquisition Corp. had upsized its SPAC IPO to 7.5 million units, up from 5 million units initially, in an F-1/A filing dated Oct. 26, 2021.)

Employees: 0
Founded: 2021
Contact Information
Address Unit 9-3, Oval Tower @ Damansara, No. 685, Jalan Damansara, 60000 Taman Tun Dr. Ismail, Kuala Lumpur, Malaysia
Phone Number +603 – 7733 9340
Web Address
View Prospectus: Kairous Acquisition Corp. Ltd.
Financial Information
Market Cap $97.6mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol KACLU
Exchange NASDAQ
Shares (millions): 7.5
Price range $10.00 - $10.00
Est. $ Volume $75.0 mil
Manager / Joint Managers Maxim Group
CO-Managers -
Expected To Trade: 12/14/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change