Company: KII
Filing Date: 2025-12-10
Form Type: S-1/A
Source: 0001213900-25-120023
Chunk: 306

Company: K2 Capital Acquisition Corp
Filing Date: 2025-12-10
Form: S-1/A
Chunk 306
---
 ordinary shares subject to forfeiture if the over -allotmentoption is not exercised in full or in part by the underwriter (see Note 7). The accompanying notes are an integral part of these financial statements.

F-5

K2 CAPITAL ACQUISITION CORPORATION
STATEMENT OF CASH FLOWS
For the Period from August 1, 2025 (Inception) through August 19, 2025

| Cash flows from operating activities:                                                           |     |   |         |   |
|:------------------------------------------------------------------------------------------------|:----|:--|--------:|:--|
| Net loss                                                                                        |     | $ | (21,235 | ) |
| Adjustments to reconcile net loss to net cash used in operating activities:                     |     |   |         |   |
| General and administrative expenses advanced by related party                                   |     |   |  21,235 |   |
| Net cash used in operating activities                                                           |     |   |       — |   |
| Net change in cash                                                                              |     |   |       — |   |
| Cash, beginning of the period                                                                   |     |   |       — |   |
| Cash, end of the period                                                                         |     | $ |       — |   |
| Supplemental disclosure of cash flow information:                                               |     |   |         |   |
| Deferred offering costs paid by Sponsor in exchange for the issuance of Class B ordinary shares |     | $ |  25,000 |   |
| Prepaid services advanced by Sponsor                                                            |     | $ |  50,000 |   |

The accompanying notes are an integral part of these financial statements.

F-6 K2 CAPITAL ACQUISITION CORPORATION
NOTES TO FINANCIAL STATEMENTS
August 19, 2025 NOTE 1 — DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS K2 Capital Acquisition Corporation (the “Company”) is a blank check company incorporated as a Cayman Islands exempted company on August 1, 2025. The Company was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). The Company is not limited to a particular industry or geographic region for purposes of consummating a Business Combination. The Company is an early -stageand emerging growth company; and, as such, the Company is subject to all of the risks associated with early -stageand emerging growth companies. As of August