Item 8.01. Other Events
The Board of Directors of Kronos Advanced Technologies, Inc. (the "Company") set
a record date of the close of business on June 15, 2021, for the previously
announced spin-off of its wholly-owned subsidiary, DogeSPAC LLC. ("KNOS'
SpinCo"). The Company's shareholders will receive one share of KNOS' SpinCo
units for every one share of Company common stock held as of the close of
business on the record date. Fractional shares will be rounded up to whole
shares and distributed in connection with the spin-off.
The Company anticipates that the effective time and date of the distribution
will be 11:59 p.m., Eastern Time, on July 30, 2021 as the intended date of June
22 2021 was missed. The spin-off does not require any action to be taken by
shareholders.
On November 17, 2020, the Company issued a press release relating to
the spin-off which is attached hereto as Exhibit 99.1 and incorporated herein by
reference.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
Exhibit No. Description of Exhibit
99.1 Press Release of the Company, dated June 14 2021
99.2 KRONOS Advanced Technologies Inc Audited Financial Reports for fiscal
years 2019-2020
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