KNOS - Kronos Advanced Technologies sponsors SPAC DogeSPAC; maintains 20% interest

Kronos Advanced Technologies ([[KNOS]] +11.8%) announced the first-ever of its kind SPAC that allows Dogecoin (DOGE) holders to acquire DogeSPAC interests wherein Kronos will maintain a 20% interest or 4M units.The new DogeSPAC focuses on expanding Kronos' existing air purification and digital health improvement technology development and is actively searching for acquisitions in this field.DogeSPAC plans to raise ~$100M worth of Dogecoin by offering up to 20M units at an exchange rate of 100 Dogecoin for 1 unit or 2000 Dogecoin Cash for every 1 unit of the DogeSPAC.Dogecoin was created by Billy Markus from Portland, Oregon, and Jackson Palmer from Sydney, Australia and has a current market cap of $7B+; DogeSPAC intends to go through the highly regulated process of SEC registration known as S-1 targeting a broader audience.

For further details see:

Kronos Advanced Technologies sponsors SPAC, DogeSPAC; maintains 20% interest