Company: KII
Filing Date: 2025-09-18
Form Type: S-1
Source: 0001213900-25-088883
Chunk: 45

Company: K2 Capital Acquisition Corp
Filing Date: 2025-09-18
Form: S-1
Chunk 45
---
ation 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.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |

25

| 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 to allocate the units to investors and may determine to sell a different number of units to the sponsor non-managing members, or none at all. None of the sponsor non-managing members have any obligation to vote any of their public shares in favor of our initial business combination. Nevertheless, the non-managing members may be incentivized to vote any of their public shares in favor of a business combination due to their indirect ownership in the founder shares, private placement units and restricted Class A shares. In the event that the sponsor non-managing members purchase such units (either in this offering or after) and vote the public shares included in such units in favor of our initial business combination, no affirmative votes from other public shareholders would be required to approve our initial business combination. However, because the sponsor non-managing members are not obligated to continue owning any public shares following the closing and are not obligated to vote any public shares in favor of our initial business combination, we cannot assure you that any of these sponsor non-managing members will be public shareholders at the time our shareholders vote on our initial business combination, and, if they are public shareholders, we cannot assure you as to how such sponsor non-managing members will vote on any business combination. |
| The sponsor non-managing members are not granted any shareholder or other rights in addition to those afforded to our other public shareholders, and will only be issued membership interests in the sponsor, with no right to control the sponsor or vote or dispose of any securities held by the sponsor, including the founder shares and the private placement units held by the initial shareholders. Further, the sponsor non-managing members are not required to (i) hold any units, Class A ordinary shares or rights they may purchase in this offering or thereafter for any amount of time, or enter into a lock-up agreement with us or the under