Company: KII
Filing Date: 2025-12-09
Form Type: S-1/A
Source: 0001213900-25-119587
Chunk: 46

Company: K2 Capital Acquisition Corp
Filing Date: 2025-12-09
Form: S-1/A
Chunk 46
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 and (3) the redemption of all of our public shares if we are unable to complete our initial business combination within the completion window, subject to applicable law. The proceeds deposited in the trust account could become subject to the claims of our creditors, if any, which could have priority over the claims of our public shareholders. Certain institutional investors (none of which are affiliated with any member of our management, our Sponsor or any other investor), which we refer to as the “non-managing members” throughout this prospectus, have expressed an interest to purchase non-managing membership interests in the Sponsor, reflecting interests in an aggregate of 162,500 of the 303,125 private placement units to be purchased by our Sponsor, at a price of $10.00 per 1.25 non-managing member interests reflecting interests in 1.25 private placement units, in the Private Placement that will close simultaneously with the closing of this offering. Subject to each non-managing member purchasing, through the Sponsor, the private placement non-managing securities allocated to it in connection with the closing of this offering, the Sponsor will issue non-managing membership interests at a nominal purchase price to the non-managing members at the closing of this offering reflecting indirect interests in an aggregate of 909,559 founder shares. While there is no limit on the number of units that may be purchased by any of the sponsor non-managing members, none of the sponsor non-managing members has expressed to us an interest in purchasing more than 9.9% of the units to be sold in this offering. There can be no assurance that the sponsor non-managing members will acquire any units, either directly or indirectly, in this offering, or as to the amount of the units the sponsor non-managing members will retain, if any, |

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| prior to or upon the consummation of our initial business combination. Because these expressions of interest are not binding agreements or commitments to purchase, sponsor non-managing members may determine to purchase a different number of units in this offering, including above 9.9% or none at all. If a majority of the units sold in this offering are purchased by sponsor non-managing members then it may have a material impact on other public shareholders given the potential conflict of interest for the sponsor non-managing members.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| Please see the section titled “Risk Factors — Risks Relating to our Sponsor and Management Team” for more information. In addition, the underwriters have full discretion