Kairos Acquisition filed to offer 20 million units at $10 each to raise $200 million for the acquisition of an insurance-focused business.
Kairos said it intends to target “regulated insurance or reinsurance companies, distributors or technology and insurance service providers that focus on specialty lines of business or that target product or customer niches where a differentiated service offering and the advent of new technologies have created, or are expected to create, a sustainable competitive advantage.”
The SPAC has applied to list on the Nasdaq under KAIRU. Read more.
