Wellous to go public via merger with Kairous Acquisition in a $270m deal.

Wellous, a fast-growing Asia-based international nutrition company that develops, manufactures, markets and sells health and wellness products, agreed to go public via merger with Kairous Acquisition, a publicly traded special purpose acquisition company, in a $270m deal. "Over the past decade, I have evaluated over a thousand fast-growing companies in Asia, and I believe that Wellous is a hidden gem. The company understands the high-growth consumer wellness and nutrition industry in Asia, and successfully found the right brand story, products and marketing strategy to serve rising middle-income consumers. By innovatively leveraging on social techpreneurs and supporting them with its proprietary tech stacks, Wellous’ business model is highly scalable across different markets. Wellous is a testament to the global investor community that Southeast Asia companies are capable of being profitable while maintaining high growth. With the Proposed Transaction, we strongly believe Wellous will grow stronger and increase its brand recognition internationally," Joseph Lee, Kairous CEO.