Kernel Group Holdings

Kernel Group Holdings, Inc. is a blank check company, which was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company was founded on November 10, 2020 and is headquartered in San Francisco, CA.

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Kernel Group Holdings, Inc. is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company was founded on November 10, 2020 and is headquartered in New York, NY.

Extraordinary General Meeting scheduled for July 31, 2024. NEW YORK and ALBUQUERQUE, NM, July 10, 2024 (GLOBE NEWSWIRE) -- Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) (“Kernel” or the “Company”), a special purpose acquisition company, and AIRO Group Holdings, Inc. (“AIRO Group Holdings”), a middle market aerospace and defense group, are pleased to announce that the proxy/registration statement on Form S-4 ”) (File No.

Kernel Group Holdings, Inc. (NASDAQ: KRNL) and AIRO Group Holdings, Inc. Announce Effectiveness of Registration Statement

New York, July 03, 2024 (GLOBE NEWSWIRE) -- Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) (“ KRNL ” or the “ Company ”), a special purpose acquisition company, announced today that it has elected to extend the period of time it has to consummate its initial business combination by one month from July 5, 2024 to August 5, 2024 (the “Extension”). The Extension is the sixth of six-monthly extensions permitted under the Company's governing documents.

Kernel Group Holdings, Inc. Extends Period to Consummate Initial Business Combination

New York, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) (“ KRNL ” or the “ Company ”), a special purpose acquisition company, announced today that its shareholders approved amendments to its charter and trust agreement to change the structure and cost of how KRNL can obtain extensions to the deadline to complete its initial business combination and that KRNL obtained the first of up to six 1-month extensions of the deadline - from February 5, 2024 to March 5, 2024.

Kernel Group Holdings, Inc. Announces Charter and Trust Agreement Amendments and Intention to Extend the Deadline to Complete a Business Combination to August 5, 2024

New York, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) (“ KRNL ” or the “ Company ”), a special purpose acquisition company, announced today it caused to be deposited $150,000 into the Company's Trust account for its public shareholders, representing $0.02 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination by one month from January 5, 2024 to February 5, 2024 (the “ Extension ”). The Extension is the sixth of six monthly extensions permitted under the Company's governing documents.

Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination

New York, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW the “ Company ” or “ Kernel ”) today announced that on September 1, 2023, the Company received a letter from the Listing Qualifications Department of The Nasdaq Stock Market (“ Nasdaq ”), confirming that the Company had regained compliance with Nasdaq Listing Rule 5620(a) which requires companies to hold an annual meeting of shareholders within twelve months of the end of the Company's fiscal year (the “ Annual Meeting Requirement ”).

Kernel Group Holdings, Inc. Regains Compliance with Certain Nasdaq Listing Requirement

New York, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) (“ KRNL ” or the “ Company ”), a special purpose acquisition company, announced today that its shareholders approved amendments to its charter and trust agreement to change the structure and cost of how KRNL can obtain extensions to the deadline to complete its initial business combination and that KRNL obtained the first of up to six 1-month extensions of the deadline - from August 5, 2023 to September 5, 2023 - by depositing $150,000 into its trust account (the “ Trust Account ”) with Continental Stock Transfer and Trust Company (“ Continental ”).

[Updated] Kernel Group Holdings, Inc. Announces Charter and Trust Agreement Amendments and Intention to Extend the Deadline to Complete a Business Combination to September 5, 2023

Kernel Group Holdings, Inc. Announces Charter and Trust Agreement Amendments and Intention to Extend the Deadline to Complete a Business Combination to September 5, 2023

New York, July 05, 2023 (GLOBE NEWSWIRE) -- Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) (“ KRNL ” or the “ Company ”), a special purpose acquisition company, announced today it caused to be deposited $300,000 into the Company's 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 July 5, 2023 to August 5, 2023 (the “ Extension ”). The Extension is the sixth of six-monthly extensions permitted under the Company's governing documents.

Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination [UPDATED]

Reflects continuing advancement in the business combination process. NEW YORK and ALBUQUERQUE, NM, April 11, 2023 (GLOBE NEWSWIRE) -- AIRO Group, Inc. (“PubCo”), which will become a holding company for AIRO Group Holdings, Inc. (“AIRO”), a middle market aerospace and defense group, and Kernel Group Holdings, Inc. (NASDAQ:KRNL) (“Kernel”), a special purpose acquisition company (SPAC), has submitted with the U.S. Securities and Exchange Commission (“SEC”) a confidential draft of a registration statement Form S-4 (“S-4”) in connection with the proposed business combination (the “Business Combination” or the “Transaction”) between Kernel and AIRO.

Kernel Group Holdings, Inc. (NASDAQ:KRNL) Announces Confidential Submission of Draft Registration Statement to the SEC in Connection with its Proposed Business Combination with AIRO Group Holdings, Inc.

New York, NY, March 28, 2023 (GLOBE NEWSWIRE) -- Fly Blade (India) Private Limited (“BLADE India”), a joint venture between Hunch Ventures and Blade Air Mobility, Inc., and Jaunt Air Mobility LLC (“Jaunt”), a subsidiary of AIRO Group Holdings, Inc. (“AIRO”), announced today they have signed a memorandum of understanding (“MOU”) aimed at launching electric vertical take-off and landing (eVTOL) aircraft operations in India and the subcontinent region by 2027. The MOU includes BLADE India's intended acquisition of 150 Jaunt Journey aircraft, with an option to order another 100 aircraft to meet the projected demand over the next decade.

Electric Air Mobility Division of AIRO Group Holdings, Inc. and Kernel Group Holdings (NASDAQ: KRNLU) Announce Memorandum of Understanding with BLADE India

New York, NY, March 07, 2023 (GLOBE NEWSWIRE) -- Kernel Group Holdings (NASDAQ: KRNLU) (“Kernel”), a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, or similar business combination with one or more businesses, announced today that it has entered into a definitive business combination agreement (the “Merger Agreement”) with AIRO Group Holdings, Inc. (“AIRO”), a multi-faceted air mobility, autonomy & aerospace platform with differentiated technologies and capabilities that dynamically address high growth market trends across the entire aviation & aerospace ecosystem. The Merger Agreement provides AIRO with a path to becoming a publicly listed company through a new Delaware holding company, AIRO Group, Inc. (“PubCo”) that will acquire both Kernel and AIRO.

(UPDATED) New Mid-Market Publicly Traded Aerospace & Defense Company: AIRO Group Holdings, Inc. (AIRO) Enters Agreement and Plan of Merger with Kernel Group Holdings (NASDAQ: KRNLU) to List on NASDAQ

NEW YORK, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) (“ KRNL ” or the “ Company ”), a special purpose acquisition company, announced today that its shareholders approved amendments to its charter and trust agreement to change the structure and cost of how KRNL can obtain extensions to the deadline to complete its initial business combination and that KRNL obtained the first of up to six 1-month extensions of the deadline - from February 5, 2023 to March 5, 2023 – by depositing $300,000 into its trust account (the “ Trust Account ”) with Continental Stock Transfer and Trust Company (“ Continental ”).

Kernel Group Holdings, Inc. Announces Charter and Trust Agreement Amendments and Intention to Extend the Deadline to Complete a Business Combination to March 5, 2023

At a 0.8x P/TBV and 6.5x P/E, Kernel Group Holdings is trading at valuations that would make Warren Buffett blush.

Kernel Group Holdings: An Opportune Time To Invest In A Leading Company With High Returns

SAN FRANCISCO, June 07, 2021 (GLOBE NEWSWIRE) -- Kernel Group Holdings, Inc. (Nasdaq: KRNL) (the “Company”) today announced that it received a deficiency letter from the NASDAQ Capital Market (“NASDAQ”) relating to the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 (the “Form 10-Q”) as required under Section 5250(c) of the NASDAQ Rules and Regulations.

Stemming from SEC Guidance Concerning Balance Sheet Treatment of Warrants, Kernel Group Holdings, Inc. Announces Receipt of NASDAQ Continued Listing Standard Notice

News for Kernel Group Holdings Stock (KRNL)