Announcement • Dec 22
KL Acquisition to Delist and Deregister the Securities On December 16, 2022, upon the stockholders' approval of the Charter Amendment (as defined below), the Board of Directors (the Board") of KL Acquisition Corp. determined that if the Company has not consummated an initial Business Combination, by December 19, 2022 (the Amended Termination Date"), the Company shall (i) cease all operations, except for the purpose of winding up; (ii) as promptly as reasonably possible, but not more than ten business days after the Termination Date, redeem (the Redemption") 100% of the shares of Class A common stock, par value $0.0001 per share, of the Company (the Class A Common Stock"), included as part of the units sold in the IPO, whether such shares were purchased in the IPO or in the secondary market following the IPO (including shares sold pursuant to the underwriters' overallotment option, collectively, the Public Shares"); and (iii) as promptly as reasonably possible following the Redemption, dissolve and liquidate, subject in each case to the Company's obligations under the Delaware General Corporation Law to provide for claims of creditors and other requirements of applicable law. The Company has (i) notified the Nasdaq Stock Market LLC (Nasdaq") of the anticipated Redemption, liquidation and dissolution; and (ii) requested that Nasdaq (A) suspend trading of the Company's shares of Class A Common Stock, redeemable warrants to purchase shares of Class A Common Stock (the Redeemable Warrants") and units, each consisting of one share of Class A Common Stock and one-third of one Redeemable Warrant (the units, together with the Class A Common Stock and the Redeemable Warrants, the Securities") effective after the closing of trading on December 19, 2022, and (B) file with the Securities and Exchange Commission (the SEC") a Form 25 Notification of Removal from Listing and/or Registration (Form 25") to delist and deregister the Securities under Section 12(b) of the Securities Exchange Act of 1934, as amended (the Exchange Act"). As a result, the Securities has been suspended from trading on Nasdaq on December 16, 2022. Nasdaq filed Form 25 with the SEC on December 16, 2022. The Company intends to file a Form 15 Certification and Notice of Termination of Registration with the SEC, requesting that the Company's reporting obligations under Sections 13 and 15(d) of the Exchange Act be terminated with respect to the Securities. Announcement • Jan 09
KL Acquisition Corp has completed an IPO in the amount of $250 million. KL Acquisition Corp has completed an IPO in the amount of $250 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 25,000,000
Price\Range: $10
Discount Per Security: $0.55
Transaction Features: Blank Check Blind Pool Company 
