0001474506-23-000127.txt : 20230328
0001474506-23-000127.hdr.sgml : 20230328
20230328121757
ACCESSION NUMBER: 0001474506-23-000127
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221228
FILED AS OF DATE: 20230328
DATE AS OF CHANGE: 20230328
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: VKSS Capital, LLC
CENTRAL INDEX KEY: 0001970396
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39983
FILM NUMBER: 23767598
BUSINESS ADDRESS:
STREET 1: 515 MADISON AVENUE
STREET 2: SUITE 865
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: (646) 908-2658
MAIL ADDRESS:
STREET 1: 515 MADISON AVENUE
STREET 2: SUITE 865
CITY: NEW YORK
STATE: NY
ZIP: 10022
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: 515 MADISON AVENUE
STREET 2: 8TH FLOOR - SUITE 8078
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 415-404-6356
MAIL ADDRESS:
STREET 1: 515 MADISON AVENUE
STREET 2: 8TH FLOOR - SUITE 8078
CITY: NEW YORK
STATE: NY
ZIP: 10022
3
1
primary_doc.xml
PRIMARY DOCUMENT
X0206
3
2022-12-28
0
0001832950
Kernel Group Holdings, Inc.
KRNL
0001970396
VKSS Capital, LLC
515 MADISON AVENUE
8TH FLOOR, SUITE 8133
NEW YORK
NY
10022
0
0
0
1
10% Owner
Class B Ordinary Shares
Class A Ordinary Shares
7618750
D
Warrants
1
Class A Ordinary Shares
8750000
D
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.
This Form 3 is being filed by VKSS Capital, LLC, the sponsor of the issuer (the "Sponsor"). Surendra Ajjarapu, the issuer's director and Chief Executive Officer is the manager of the Sponsor. Mr. Ajjarapu may be deemed to beneficially own shares held by the Sponsor by virtue of his control over the Sponsor. Mr. Ajjarapu disclaims beneficial ownership of the Class B ordinary shares held by the Sponsor, except to the extent of his respective pecuniary interest.
Each warrant will become exercisable on the later of 12 months from the closing of the Issuer's initial public offering and 30 days the date of completion of the Issuer's initial business combination. Each warrant will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation.
/s/ VKSS Capital, LLC, by Nelson Mullins Riley & Scarborough LLP with Power of Attorney
2023-03-28