Company: KII
Filing Date: 2025-12-10
Form Type: S-1/A
Source: 0001213900-25-120023
Chunk: 230

Company: K2 Capital Acquisition Corp
Filing Date: 2025-12-10
Form: S-1/A
Chunk 230
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 the “Private Placement”). Among the 303,125 private placement units to be purchased by our sponsor, 140,625 private placement units would be purchased indirectly by the Sponsor’s managing member and 162,500 private placement units would be purchased indirectly by the Sponsor’s non -managingmembers. We refer collectively to the units sold in the Private Placement throughout this prospectus as the “Private Placement Units.” The Private Placement Units are identical to the units sold in this offering, subject to certain limited exceptions as described in this prospectus; each private placement unit consists of one private Class A ordinary share, and one private right to receive one -fifth(1/5) of a Class A ordinary share upon the consummation of an initial business combination. The private placement units shall be subject to the transfer restrictions as described under “ Principal Shareholders— Transfers of Founder Shares and Private Placement Units”. 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 -managingmembers” throughout this prospectus, have expressed an interest to purchase non -managingmembership 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 -managingmember 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 -managingmember purchasing, through the Sponsor, the private placement non -managingsecurities allocated to it in connection with the closing of this offering, the Sponsor will issue non -managingmembership interests at a nominal purchase price to the non -managingmembers at the closing of this offering reflecting indirect interests in an aggregate of 909,559 founder shares. Proceeds from the private placement units will be added to the proceeds from this offering to be held in the trust account. If we do not complete our initial business combination within the completion window, the proceeds of the sale of the private placement units held in the trust account will be used to fund the redemption of our public shares, and the private placement units and rights will expire worthless. The private placement units are subject to the transfer restrictions described below. Our Sponsor and certain of our officers and directors are deemed to be our “promoter” as such term is defined under the federal securities laws. Please see “Certain Relationships and Related