NEW YORK, July 03, 2024 (GLOBE NEWSWIRE) — Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) (“South Korea” or “company“Annual Report 2020”, a special acquisition company, today announced that it has decided to extend the period for completing the initial business combination by one month from July 5, 2024 to August 5, 2024 (the “Extension”). This extension represents the sixth of the six-month extensions permitted by the Company’s Articles of Incorporation.
Caution Regarding Forward-Looking Statements
Certain statements in this press release are “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created by such section. In some cases, forward-looking statements can be identified by terms such as “may,” “will,” “could,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “potential,” “outlook,” “guidance,” or the negative of such terms, or other similar terminology. These statements are based on the current beliefs and expectations of our management, including our ability to complete the initial business combination, and are subject to significant risks and uncertainties. Because these forward-looking statements involve risks and uncertainties, there are important factors, many of which are outside of our control, that could cause future events to differ materially from the forward-looking statements. These factors include, but are not limited to, various risk factors that affect our business and prospects. Please see the “Risk Factors” section of our prospectus filed with the SEC on February 4, 2021, and subsequent reports filed with the SEC, as amended from time to time. Forward-looking statements are made only as of the date hereof, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
contact:
email address
