{"id":755693,"date":"2023-05-05T16:21:27","date_gmt":"2023-05-05T20:21:27","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\/"},"modified":"2023-05-05T16:21:27","modified_gmt":"2023-05-05T20:21:27","slug":"kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\/","title":{"rendered":"Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination"},"content":{"rendered":"
\n

\n New York, May 05, 2023 (GLOBE NEWSWIRE) — <\/strong>Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) (\u201cKRNL<\/em><\/strong>\u201d or the \u201cCompany<\/em><\/strong>\u201d), a special purpose acquisition company, announced today it caused to be deposited $300,000 into the Company\u2019s Trust account for its public shareholders, representing $0.04 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination by one month from May 5, 2023 to June 5, 2023 (the \u201cExtension<\/em><\/strong>\u201d). The Extension is the fourth of six-monthly extensions permitted under the Company\u2019s governing documents.<\/p>\n

\n Cautionary Statement Regarding Forward-Lookin<\/strong>
\n g Statements<\/strong>\n <\/p>\n

Certain statements in this press release are \u201cforward-looking statements\u201d within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. In some cases, forward-looking statements can be identified by terminology such as \u201cmay,\u201d \u201cwill,\u201d \u201ccould,\u201d \u201cwould,\u201d \u201cshould,\u201d \u201cexpect,\u201d \u201cplan,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cpredict,\u201d \u201cpotential,\u201d \u201coutlook,\u201d \u201cguidance\u201d or the negative of those terms or other comparable terminology. These statements are based on the current beliefs and expectations of the Company\u2019s management and are subject to significant risks and uncertainties. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause future events to differ materially from those in the forward-looking statements, many of which are outside of the Company\u2019s control. These factors include, but are not limited to, a variety of risk factors affecting the Company\u2019s business and prospects, see the section titled \u201cRisk Factors\u201d in the Company\u2019s Prospectus filed with the SEC on February 4, 2021 and subsequent reports filed with the SEC, as amended from time to time. Any forward-looking statements are made only as of the date hereof, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.<\/p>\n

\n Contact:<\/strong>
\n
\n hd@kernelcap.com<\/a>\n <\/p>\n

\n
\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

New York, May 05, 2023 (GLOBE NEWSWIRE) — Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) (\u201cKRNL\u201d or the \u201cCompany\u201d), a special purpose acquisition company, announced today it caused to be deposited $300,000 into the Company\u2019s Trust account for its public shareholders, representing $0.04 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination by one month from May 5, 2023 to June 5, 2023 (the \u201cExtension\u201d). The Extension is the fourth of six-monthly extensions permitted under the Company\u2019s governing documents. Cautionary Statement Regarding Forward-Lookin g Statements Certain statements in this press release are \u201cforward-looking statements\u201d within the meaning of Section 21E of the Securities Exchange Act of 1934, as … <\/p>\n

Continue reading “Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-755693","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nKernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New York, May 05, 2023 (GLOBE NEWSWIRE) — Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) (\u201cKRNL\u201d or the \u201cCompany\u201d), a special purpose acquisition company, announced today it caused to be deposited $300,000 into the Company\u2019s Trust account for its public shareholders, representing $0.04 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination by one month from May 5, 2023 to June 5, 2023 (the \u201cExtension\u201d). The Extension is the fourth of six-monthly extensions permitted under the Company\u2019s governing documents. Cautionary Statement Regarding Forward-Lookin g Statements Certain statements in this press release are \u201cforward-looking statements\u201d within the meaning of Section 21E of the Securities Exchange Act of 1934, as … Continue reading "Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-05T20:21:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzMzIxOCM1NTc4NDY5IzUwMDExNDQyNQ==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination\",\"datePublished\":\"2023-05-05T20:21:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\\\/\"},\"wordCount\":331,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgzMzIxOCM1NTc4NDY5IzUwMDExNDQyNQ==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\\\/\",\"name\":\"Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgzMzIxOCM1NTc4NDY5IzUwMDExNDQyNQ==\",\"datePublished\":\"2023-05-05T20:21:27+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgzMzIxOCM1NTc4NDY5IzUwMDExNDQyNQ==\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgzMzIxOCM1NTc4NDY5IzUwMDExNDQyNQ==\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\/","og_locale":"en_US","og_type":"article","og_title":"Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination - Market Newsdesk","og_description":"New York, May 05, 2023 (GLOBE NEWSWIRE) — Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) (\u201cKRNL\u201d or the \u201cCompany\u201d), a special purpose acquisition company, announced today it caused to be deposited $300,000 into the Company\u2019s Trust account for its public shareholders, representing $0.04 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination by one month from May 5, 2023 to June 5, 2023 (the \u201cExtension\u201d). The Extension is the fourth of six-monthly extensions permitted under the Company\u2019s governing documents. Cautionary Statement Regarding Forward-Lookin g Statements Certain statements in this press release are \u201cforward-looking statements\u201d within the meaning of Section 21E of the Securities Exchange Act of 1934, as … Continue reading \"Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\/","og_site_name":"Market Newsdesk","article_published_time":"2023-05-05T20:21:27+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzMzIxOCM1NTc4NDY5IzUwMDExNDQyNQ==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination","datePublished":"2023-05-05T20:21:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\/"},"wordCount":331,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzMzIxOCM1NTc4NDY5IzUwMDExNDQyNQ==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\/","name":"Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzMzIxOCM1NTc4NDY5IzUwMDExNDQyNQ==","datePublished":"2023-05-05T20:21:27+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzMzIxOCM1NTc4NDY5IzUwMDExNDQyNQ==","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzMzIxOCM1NTc4NDY5IzUwMDExNDQyNQ=="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-confirms-funding-to-extend-period-to-consummate-initial-business-combination-3\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/755693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=755693"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/755693\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=755693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=755693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=755693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}