KRNLU News

Kernel Group Holdings, a blank check company targeting technology infrastructure sectors, raised $265 million by offering 26.5 million units at $10. The company offered 1.5 million more units than anticipated. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. The company is led by CEO and Director Mark Gross,...read more

Kernel Group Holdings, a blank check company targeting technology infrastructure sectors, filed on Thursday with the SEC to raise up to $250 million in an initial public offering. The San Francisco, CA-based company plans to raise $250 million by offering 25 million units at $10. Each unit will consist of one share of common stock and one-half of a warrant, exercisable at...read more