Company: KII
Filing Date: 2025-09-18
Form Type: S-1
Source: 0001213900-25-088883
Chunk: 238

Company: K2 Capital Acquisition Corp
Filing Date: 2025-09-18
Form: S-1
Chunk 238
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 of our initial business combination. In no event will the Class A ordinary shares and rights be traded separately until we have filed with the SEC a Current Report on Form 8 -Kwhich includes an audited balance sheet of our company reflecting our receipt of the gross proceeds at the closing of this offering. We will file the Current Report on Form 8 -Kwhich will include this audited balance sheet, promptly after the closing of this offering. If the underwriters’ option to purchase additional units is exercised following the initial filing of such Current Report on Form 8 -K, a second or amended Current Report on Form 8 -Kwill be filed to provide updated financial information to reflect the exercise of the underwriters’ option to purchase additional units. Private placement units Each private placement unit consists of one Class A ordinary share and one right to receive one -eighth(1/8) of one ordinary share upon consummation of our initial business combination. If we do not complete our initial business combination 24 months from the closing of this offering, the proceeds of the sale of the private placement units and restricted Class A shares held in the trust account will be used to fund the redemption of our public shares, and the private placement units and restricted Class A shares will expire worthless. The private placement units (including the private placement shares, the private placement rights and the Class A ordinary shares issuable upon exercise of the private placement rights) will not be transferable, assignable or salable until 180 days after the completion of our initial business combination (except, among other limited exceptions as described under “Principal Shareholders — Transfers of Founder Shares, Private Placement Units and Restricted Class A Shares,” to our directors and officers and other persons or entities affiliated with our sponsor). The restricted Class A shares may not, subject to certain limited exceptions, be transferred, assigned or sold by the holders until 90 days after the completion of our initial business combination and will be entitled to registration rights. The private placement units are identical to the units sold in this offering except that the private placement units will be entitled to registration rights. In order to finance transaction costs in connection with an intended initial business combination, either our sponsor or any of its affiliates or certain of our directors and officers may, but are not obligated to, loan us funds as may be required. If we complete our initial business combination, we may repay such loaned amounts out of the proceeds of the trust account released to us. Otherwise, such loans may be repaid only out of funds held outside