# EDGAR Filing Document

**Accession Number:** 0001832950
**File Stem:** 0001474506-23-000123
**Filing Date:** 2023-3
**Character Count:** 9149
**Document Hash:** 19c8b5d27c457cc9949ec18bae6fa52a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001474506-23-000123.hdr.sgml**: 20230328

**ACCESSION NUMBER**: 0001474506-23-000123

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221228

**FILED AS OF DATE**: 20230328

**DATE AS OF CHANGE**: 20230328

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** AJJARAPU SURENDRA K
- **CENTRAL INDEX KEY:** 0001368298

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39983
- **FILM NUMBER:** 23767079

**MAIL ADDRESS:**
- **STREET 1:** 8604 BUTTON BUSH CT
- **CITY:** TAMPA
- **STATE:** FL
- **ZIP:** 33647
**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

## Ex-24

```

POWER OF ATTORNEY

Known all by these presents, that the undersigned
hereby constitutes and appoints each of Andrew M. Tucker, Kaylen R. Loflin,
Kathryn Johnson, Alex Reilly, John Harrison and each of them acting
alone, signing singly, the undersigned's true and lawful attorney-in-fact to:
(1) execute for and on behalf of the undersigned, in the undersigned's
capacity as an officer, director, or 10% or more stockholder, as applicable,
of Kernel Group Holdings, Inc. (the "Company"), Forms ID, 3, 4, 5, Update
Passphrase Acknowledgment (and any amendments thereto) in accordance with
Section 16(a)of the Securities Exchange Act of 1934, as amended
the "1934 Act") and Schedule 13D and/or Schedule 13G (and any
amendment thereto) in accordance with the 1934 Act, and the rules
promulgated thereunder;
(2) do and perform any and all acts for and on behalf of the
undersigned which may be necessary or desirable to complete and execute
any such Form ID, 3, 4, 5, Update Passphrase Acknowledgment and Schedule 13D
and/or Schedule 13G (and any amendments thereto) and to file timely such form
with the United States Securities and Exchange Commission and any stock
exchange or similar authority; and
(3) take any other action of any type whatsoever in connection with
the foregoing which in the opinion of such attorney-in-fact may be
of benefit to, in the  best interest of, or legally required by, the
undersigned, it being understood that the documents executed by such
attorney-in-fact on behalf of the undersigned pursuant to this
Power of Attorney shall be in such form and shall contain such terms
and conditions as such attorney-in-fact may approve in such
attorney-in-fact's discretion.

The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary, or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might
or could do if personally present, with full power of substitution or
revocation, hereby ratifying and confirming all that such attorney-in-fact,
or such attorney-in-fact's substitute or substitutes, shall lawfully do or
cause to be done by virtue of this power of attorney and the rights and powers
herein granted. The undersigned acknowledges that the foregoing attorneys-in-
fact, in serving in such capacity at the request of the undersigned, are not
assuming, nor is the Company assuming, any of the undersigned's
responsibilities to comply with Section 16 of the 1934 Act.

This Power of Attorney will remain in full force and effect until the
undersigned is no longer required to file Forms ID, 3, 4, 5 and Schedule 13D
and Schedule 13G with respect to the undersigned's holdings of and
transactions in securities issued by the Company, unless earlier
revoked by the undersigned in a signed writing delivered to each of the
foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 29th day of December, 2022.

___/s/ Suren Ajjarapu_____________
Suren Ajjarapu

```

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>AJJARAPU SURENDRA K<br><sub>(Last) (First) (Middle)</sub><br>515 MADISON AVENUE, 8TH FLOOR<br>SUITE 81<br><sub>(Street)</sub><br>NEW YORK, NY 10022<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>Kernel Group Holdings, Inc. [ KRNL ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2022-12-28 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director   [X] 10% Owner<br>[X] Officer (give title below)   [ ] Other (specify below)<br>_CEO, Chairman_ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Class B Ordinary Shares | <sup>(1)</sup> | <sup>(1)</sup> | Class A Ordinary Shares | 7618750 | <sup>(1)</sup> | I | By VKSS Capital, LLC<sup>(2)</sup> |
| Warrants | <sup>(3)</sup> | <sup>(3)</sup> | Class A ordinary shares | 8750000 | $1 | I | By VKSS Capital, LLC<sup>(2)</sup> |

---

### Footnotes:

(1) 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.

(2) The securities reported herein are held by VKSS Capital, 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 these securities 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 purpose.

(3) 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.

**Signature:** /s/ Surendra Ajjarapu, by Nelson Mullins Riley & Scarborough LLP with Power of Attorney  
**Date:** 2023-03-28

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**