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SPACListing
Liquidated

Kairos Acquisition Corp.

CIK 0001824171

Cash in trust

$278M

$277,679,954

Trust per share

$11.03

Redemption value

IPO

Jan 2021

$276M raised

Combination deadline

—

Not disclosed

Filings on record

54

Latest Feb 10, 2023

Overview

Kairos Acquisition Corp. is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0001824171. It completed its initial public offering in Jan 2021, raising $276M in gross proceeds. The vehicle is sponsored by Kairos Alpha through Kairos Alpha Acquisition LLC. The mandate targets technology, financial services. Deadline lapsed without a deal; trust returned to public shareholders.

“We intend to focus on identifying target companies which, among other things, are well positioned to benefit from these developments, especially those that have developed their own proprietary technology platforms or are in a position to benefit from the efficiencies offered by third party InsurTech providers.”
The mandate, as stated in the IPO prospectus

Reading the filings

Arithmetic on what Kairos Acquisition Corp. has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.

  • Trust versus the $10 unit

    The trust holds $11.03 per public share, 10.3% above the $10.00 the units were sold at. That spread is accrued interest on the trust and, where the charter provides for it, sponsor contributions paid in to buy more time. It is the floor a public shareholder can redeem at, not a valuation of the business.

  • Sponsor promote

    The sponsor's founder block is 6,900,000 shares against 25,172,094 public shares, or 21.5% of the combined count, acquired before the IPO at nominal cost. That promote is the structural dilution every public shareholder carries into a combination, and it is why the economics of a de-SPAC differ so sharply from a conventional IPO.

  • Warrant coverage

    Each unit carried one-half warrant per unit. Warrants are dilution deferred: they cost the holder nothing until exercised, and they overhang the post-combination share count. Thinner coverage is generally a sign of a stronger book at pricing.

  • Sponsor record

    Kairos Alpha has launched 2 vehicles. Of the 2 that have resolved, 0 closed a combination and 2 liquidated, a 0% completion rate. A sponsor's record is not a forecast, but it does tell you whether the team has taken a deal across the line before.

  • Underwriting

    Citigroup led the offering. It has been named on 170 SPAC IPOs, book-running 114 of them, and 53.6% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.

How busy it has been

Filings per month since the first one. A vehicle that has gone quiet with a deadline ahead is a different proposition from one that is still working.

251302020-092023-02

54 filings in all. 5 in the last three months, against a busiest month of 25.

News on Kairos Acquisition Corp.

Last 90 days

Nothing in the last 90 days that names this vehicle. We attribute a story only when the release carries the ticker or the registered name, so an empty section means no press release or wire story matched — not that nothing was published. The filings below are the primary record either way.

SEC filing history

Free tier: filings older than 24 hours
  • SC 13G/A

    Amended beneficial ownership report (passive)

    Accession 0001011438-23-000174

    Feb 10, 2023

    3y ago

    View on EDGAR ↗
  • SC 13G/A

    Amended beneficial ownership report (passive)

    Accession 0000902664-23-001319

    Feb 9, 2023

    3y ago

    View on EDGAR ↗
  • 15-12G

    Deregistration of securities

    Accession 0001104659-23-002978

    Jan 11, 2023

    3y ago

    View on EDGAR ↗
  • 25-NSE

    Notification of delisting

    Accession 0001354457-22-000810

    Dec 30, 2022

    3y ago

    View on EDGAR ↗
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001104659-22-124962

    Dec 6, 2022

    3y ago

    View on EDGAR ↗
  • 10-Q

    Quarterly report

    Accession 0001410578-22-003414

    Nov 14, 2022

    3y ago

    View on EDGAR ↗
  • 10-Q

    Quarterly report

    Accession 0001410578-22-002408

    Aug 12, 2022

    4y ago

    View on EDGAR ↗
  • 10-Q

    Quarterly report

    Accession 0001410578-22-001525

    May 14, 2022

    4y ago

    View on EDGAR ↗
  • 10-K

    Annual report

    Accession 0001410578-22-000666

    Mar 30, 2022

    4y ago

    View on EDGAR ↗
  • SC 13G

    Beneficial ownership report (passive)

    Accession 0001104659-22-022837

    Feb 14, 2022

    4y ago

    View on EDGAR ↗
  • SC 13G

    Beneficial ownership report (passive)

    Accession 0001193125-22-039864

    Feb 14, 2022

    4y ago

    View on EDGAR ↗
  • SC 13G/A

    SC 13G/A

    Accession 0001140361-22-004870

    Feb 11, 2022

    4y ago

    View on EDGAR ↗
  • SC 13G/A

    Amended beneficial ownership report (passive)

    Accession 0000902664-22-001362

    Feb 10, 2022

    4y ago

    View on EDGAR ↗
  • 8-K

    Current report

    Item 4.02 · Accession 0001104659-21-143039

    Nov 23, 2021

    4y ago

    View on EDGAR ↗
  • 10-Q

    Quarterly report

    Accession 0001410578-21-000386

    Nov 22, 2021

    4y ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001104659-21-141306

    Nov 18, 2021

    4y ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001104659-21-141303

    Nov 18, 2021

    4y ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001104659-21-141294

    Nov 18, 2021

    4y ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001104659-21-141231

    Nov 18, 2021

    4y ago

    View on EDGAR ↗
  • NT 10-Q

    Late quarterly report notification

    Accession 0001104659-21-139496

    Nov 16, 2021

    4y ago

    View on EDGAR ↗
  • 8-K

    Current report

    Item 5.02 · Accession 0001104659-21-116440

    Sep 16, 2021

    5y ago

    View on EDGAR ↗
  • 10-Q

    Quarterly report

    Accession 0001104659-21-105225

    Aug 13, 2021

    5y ago

    View on EDGAR ↗
  • 10-Q

    Quarterly report

    Accession 0001104659-21-073320

    May 27, 2021

    5y ago

    View on EDGAR ↗
  • NT 10-Q

    Late quarterly report notification

    Accession 0001104659-21-068251

    May 17, 2021

    5y ago

    View on EDGAR ↗
  • 10-K

    Annual report

    Accession 0001104659-21-044213

    Mar 31, 2021

    5y ago

    View on EDGAR ↗
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001104659-21-026680

    Feb 23, 2021

    5y ago

    View on EDGAR ↗
  • SC 13G

    Beneficial ownership report (passive)

    Accession 0001140361-21-002714

    Jan 29, 2021

    5y ago

    View on EDGAR ↗
  • SC 13D

    Beneficial ownership report (activist)

    Accession 0000947871-21-000071

    Jan 19, 2021

    5y ago

    View on EDGAR ↗
  • SC 13G

    Beneficial ownership report (passive)

    Accession 0000902664-21-000297

    Jan 19, 2021

    5y ago

    View on EDGAR ↗
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001104659-21-004242

    Jan 14, 2021

    5y ago

    View on EDGAR ↗

Pro

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Kairos Acquisition Corp.: questions answered

What is Kairos Acquisition Corp.?

Kairos Acquisition Corp. is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0001824171. It completed its initial public offering in Jan 2021, raising $276M in gross proceeds. The vehicle is sponsored by Kairos Alpha through Kairos Alpha Acquisition LLC. The mandate targets technology, financial services. Deadline lapsed without a deal; trust returned to public shareholders.

How much does Kairos Acquisition Corp. hold in trust?

Approximately $277,679,954, or about $11.03 per public share, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.

When must Kairos Acquisition Corp. complete a merger?

No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.

What happens if Kairos Acquisition Corp. does not find a target in time?

The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.

Can I redeem shares in Kairos Acquisition Corp., and at what price?

Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date, most recently disclosed at about $11.03 per share. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.

Is the trust value the same as the share price for Kairos Acquisition Corp.?

No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.

How much dilution do Kairos Acquisition Corp.'s founder shares and warrants create?

The founder block is 6,900,000 shares against 25,172,094 public shares, so roughly 21.5% of the combined count sits with the sponsor at nominal cost. Each unit also carried one-half warrant per unit, which is dilution deferred until exercise. Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.

Who sponsors Kairos Acquisition Corp., and what is their track record?

Kairos Alpha Acquisition LLC is the sponsor entity, part of the Kairos Alpha franchise. That franchise has launched 2 vehicles in total, of which 0 closed a combination and 2 liquidated, a 0% completion rate on resolved vehicles. Named principals: Peter Bang, Robert Glanville.

Which banks underwrote the Kairos Acquisition Corp. IPO?

Citigroup, I-Bankers Securities. Citigroup was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.

Is Kairos Acquisition Corp. a good investment?

That is not a question this site answers. Kairos Acquisition Corp. is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.

Where does this Kairos Acquisition Corp. data come from?

Filings Kairos Acquisition Corp. submitted to the SEC under CIK 0001824171: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.

Compiled by the SPACListing research desk

Last reconciled Oct 19, 2026

Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.

Read the full methodology · What is in the dataset · Report a correction

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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.