AIRO GROUP HOLDINGS, INC. AND KERNEL GROUP HOLDINGS, INC. ANNOUNCE EFFECTIVENESS OF REGISTRATION STATEMENT; TRIPLE-DIGIT REVENUE GROWTH AND $1.1B IN EVTOL ORDERS AS PORTFOLIO TAKES OFF

Farnborough Airshow, UK and AirVenture, Oshkosh, WI, July 23, 2024 (GLOBE NEWSWIRE) -- AIRO Group Holdings, Inc. (“AIRO”) a global mid-market aerospace and defense company, and Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) (“Kernel”), are pleased to announce that the proxy/registration statement on Form S-4 filed by AIRO Group, Inc. with the U.S. Securities and Exchange Commission in connection with AIRO and Kernel’s business combination (the “Transaction”) was declared effective by the SEC on July 9, 2024, paving the path toward public listing on Nasdaq.

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