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Friday, December 9, 2022

Equity Corporate Actions Alert #2022 - 422
Information regarding the redemption of Kairos Acquisition Corp. (KAIR/W/U)

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  • Industry Announcement

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Kairos Acquisition Corp. (KAIR/W/U) has announced it will redeem its public shares and will not consummate an initial business combination. As of the close of business on January 3, 2023 the public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount. The details are as follows:

Company Name & Issue Type: Kairos Acquisition Corp. Ordinary Shares
CUSIP#: G52110114
Symbol: KAIR
Last Trading Date: December 30, 2022
Marketplace Effective Date for Suspension: January 3, 2023
Redemption rate: Approximately $10.08 per Common Stock
Company Name & Issue Type: Kairos Acquisition Corp. Warrant
CUSIP#: G52110106
Symbol: KAIRW
Last Trading Date: December 30, 2022
Marketplace Effective Date for Suspension: January 3, 2023
Redemption rate: There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.
Company Name & Issue Type: Kairos Acquisition Corp. Unit
CUSIP#: G52110122
Symbol: KAIRU
Last Trading Date: December 30, 2022
Marketplace Effective Date for Suspension: January 3, 2023
Redemption rate: Approximately $10.08 per Common Stock

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