Kairous Acquisition Amends Due Diligence Dates on NR Instant Produce Deal

Kairous Acquisition said it adjusted the dates for key milestones in its pending $300 million deal with NR Instant Produce. The target is a Southeast Asian food manufacturer and distributor based in Thailand.

The original provision of fairness opinion issuance date was amended to no later than May 31, the delivery date of the parent parties’ written due diligence request list to the SPAC was amended to no later than May 1 and the delivery date of the due diligence items based on the written due diligence request list was amended to no later than May 15. The outside completion date was amended to Nov. 15. Read more.

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