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Kairous Acquisition Corp. Limited(KACL.US) 10% Shareholder Sells US$5.34 Million in Common Stocks

moomoo News · Sep 26, 2023 14:49

KACLU +0.00% KACL +0.00%

$Kairous Acquisition Corp. Limited (KACL.US)$ 10% Shareholder Owl Creek Asset Management, L.P. sold 475K shares of Common Stocks on Sep 22, 2023 at an average price of $11.24 for a total value of $5.34 million.

This transaction involves other related parties: ALTMAN JEFFREY A.

Source: Announcement

What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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