Company: KII
Filing Date: 2025-09-18
Form Type: S-1
Source: 0001213900-25-088883
Chunk: 158

Company: K2 Capital Acquisition Corp
Filing Date: 2025-09-18
Form: S-1
Chunk 158
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 interest units: (i) Class A membership units representing an interest in the founder shares on a one -for-onebasis, (ii) Class B membership units that will represent an interest in the private placement units on a one -for-onebasis, and (iii) Class C membership units that will represent an interest in the restricted Class A shares on a one -for-onebasis. All members of the sponsor, including the managing member of the sponsor, and any sponsor non -managingmember that may join the sponsor concurrently with this offering will hold membership units representing their proportional interest in the founder shares and private placement units, and the sponsor non -managingmembers will also hold membership units representing their proportional interest in the restricted Class A shares. Pursuant to an agreement of all members of the sponsor, the management and control of the sponsor is vested exclusively with the managing member, without any voting, veto, consent or other participation rights by any non -managingmembers regardless of their unit ownership. All matters submitted to a vote by the managing member will require the affirmative vote of the Class A membership units held only by the managing member, without regard to any membership interests held by any non -managingmembers. As a result, sponsor non -managingmembers will have no right to control the sponsor, or participate in any decision regarding the disposal of any security held by the sponsor, or otherwise. Upon the closing of this offering, the Class A membership units will collectively represent an interest in 77,500 founder shares, the Class B membership units will collectively represent an interest in 115,625 private placement units, and the Class C membership units will collectively represent an interest in 231,250 restricted Class A shares. See “ Summary — The Offering — Private placement Units.” Other than our management team, none of the other members of our sponsor will participate in our company’s activities. Because (i) none of the sponsor non -managingmembers or our independent directors will hold voting interests in our sponsor nor have any rights to control our sponsor or to vote or dispose of any securities held by our sponsor, (ii) each of the sponsor non -managingmembers is an institutional investor that is able to bear the complete risk of loss of the proposed investment in our sponsor, and (iii) no individual sponsor non -managingmember or independent director would indirectly own a significant percentage of any of the securities held by our sponsor, none of the sponsor non -managingmembers or our independent directors will have a direct or indirect material economic interest in