Company: KII
Filing Date: 2025-12-10
Form Type: S-1/A
Source: 0001213900-25-120023
Chunk: 273

Company: K2 Capital Acquisition Corp
Filing Date: 2025-12-10
Form: S-1/A
Chunk 273
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 these purposes. The purchase price allocated to each of our Class A ordinary shares and rights should be the holder’s tax basis in such share and in such right, as the case may be. In addition, any disposition of a unit should be treated, for U.S. federal income tax purposes, as a disposition of the Class A ordinary share and the right that make up the unit, and the amount realized on the disposition should be allocated between the Class A ordinary share and the right based on their relative fair market values at the time of disposition. The separation of Class A ordinary shares and rights constituting units should not be a taxable event for U.S. federal income tax purposes. The foregoing treatment of our Class A ordinary shares and rights and a holder’s purchase price allocation are not binding on the IRS or the courts, and because there is no authority that directly addresses the U.S. federal income tax implications of instruments that are similar to the units, there can be no assurance that, the IRS or the courts will agree with the characterization described above or the discussion below. Accordingly, each prospective investor is urged to consult with and rely solely upon its own tax advisors regarding the tax consequences of an investment in a unit (including any potential alternative characterizations of a unit). The remainder of this discussion assumes that the characterization of the units described above is respected for U.S. federal income tax purposes. U.S. Holder and Non-U.S. Holder Defined A “U.S. Holder” is a beneficial owner of our units, Class A ordinary shares or rights that, for U.S. federal income tax purposes, is: •an individual who is a citizen or resident of the United States; •a corporation (or other entity treated as a corporation for U.S. federal income tax purposes) created or organized in or under the laws of the United States, any state thereof or the District of Columbia; •an estate the income of which is subject to U.S. federal income tax regardless of its source; or •a trust (A) the administration of which is subject to the primary supervision of a U.S. court and which has one or more “United States persons” (within the meaning of Section 7701(a)(30) of the Code) who have the authority to control all substantial decisions of the trust or (B) that has made a valid election under applicable U.S. Treasury regulations to be treated as a United States person. 176 A “Non -U.S. Holder” is a beneficial owner of our units Class A ordinary shares or