Company: KII
Filing Date: 2025-09-18
Form Type: S-1
Source: 0001213900-25-088883
Chunk: 43

Company: K2 Capital Acquisition Corp
Filing Date: 2025-09-18
Form: S-1
Chunk 43
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 person or, where proxies are allowed, by proxy at the applicable general meeting of the company. In such case, our sponsor, officers and directors have agreed to vote their founder shares and any public shares purchased during or after this offering (including in open market and privately-negotiated transactions) in favor of our initial business combination (not including restricted Class A shares, which will not have any voting rights prior to completion of our initial business combination, and excepting any public shares such parties may purchase in compliance with the requirements of Rule 14e-5 under the Exchange Act would not be voted in favor of approving the business combination transaction). As a result, in addition to our initial shareholders’ founder shares, we would need 2,416,519, or approximately 24.2%, of the 10,000,000 public shares sold in this offering to be voted in favor of an initial business combination in order to have our initial business combination approved, assuming all outstanding shares are voted, the over-allotment option is not exercised and the parties to the letter agreement do not acquire any Class A ordinary shares. Assuming that only the holders of one-third of our issued and outstanding ordinary shares, representing a quorum under our amended and restated memorandum and articles of association, vote their shares at a general meeting of the company, we will not need any public shares in addition to our founder shares to be voted in favor of an initial business combination in order to approve an initial business combination. |
| Private placement units and underlying securities; restricted Class A Shares |     | Our Sponsor and the Private Placement Investor will subscribe to purchase an aggregate of 293,750 private placement units (or up to 303,125 private placement units if the underwriters’ over-allotment option is exercised in full) and (b) 587,500 Class A ordinary shares (or up to 606,250 restricted Class A shares, for an aggregate purchase price of $2,350,000 (or up to $2,425,000 if the underwriters’ over-allotment option is exercised in full) in the Private Placements. The private placement units are identical to the public units sold in this offering, except that the private placement units (including the underlying shares) are subject to certain transfer restrictions and the holders thereof are entitled to certain registration rights, as described herein, and: (1) will not be redeemable by us and (2) may be exercised by the holders on a cashless basis. A portion of the purchase