0001140361-21-003175.txt : 20210202 0001140361-21-003175.hdr.sgml : 20210202 20210202214118 ACCESSION NUMBER: 0001140361-21-003175 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210202 FILED AS OF DATE: 20210202 DATE AS OF CHANGE: 20210202 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Tondon Rakesh CENTRAL INDEX KEY: 0001841455 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39983 FILM NUMBER: 21583996 MAIL ADDRESS: STREET 1: 2 ROUSSEAU STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94112 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Kernel Group Holdings, Inc. CENTRAL INDEX KEY: 0001832950 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2 ROUSSEAU STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94112 BUSINESS PHONE: 415-404-6356 MAIL ADDRESS: STREET 1: 2 ROUSSEAU STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94112 3 1 form3.xml FORM 3 X0206 3 2021-02-02 0 0001832950 Kernel Group Holdings, Inc. KRNL 0001841455 Tondon Rakesh 2 ROUSSEAU STREET SAN FRANCISCO CA 94112 true true true Chief Financial Officer Class B ordinary shares Class A ordinary shares 7493750 I Kernel Capital Holdings, LLC As described in the issuer's registration statement on Form S-1 (File No. 333-252105) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares, par value $0.0001, will automatically convert into Class A ordinary shares, par value $0.0001, of the issuer at the time of the issuer's initial business combination transaction on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. The Class B ordinary shares owned by the reporting person include up to 993,750 shares that are subject to forfeiture to the extent the underwriter of the initial public offering of the issuer's securities does not exercise in full its over-allotment option as described in the issuer's registration statement. The securities reported on this Form 3 are held by Kernel Capital Holdings, LLC (the "Sponsor"). The reporting person controls the Sponsor, and as such, has voting and investment discretion with respect to the securities held by the Sponsor and may be deemed to have beneficial ownership of the securities held directly by the Sponsor. The reporting person disclaims beneficial ownership of the securities reported hereby except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purposes. /s/ Rakesh Tondon 2021-02-02