Company: KII
Filing Date: 2025-09-18
Form Type: S-1
Source: 0001213900-25-088883
Chunk: 225

Company: K2 Capital Acquisition Corp
Filing Date: 2025-09-18
Form: S-1
Chunk 225
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,500 private placement units to be purchased by our sponsor and (ii) 185,000 of the 375,000 restricted Class A shares to be purchased by our sponsor, at a price of $10.00 per interest in each private placement security ($1,500,000 in the aggregate), in private placements that will close simultaneously with the closing of this offering. The sponsor non -managingmembers are not granted any shareholder or other rights in addition to those afforded to our other public shareholders, and will only be issued membership interests in the sponsor, with no right to control the sponsor or vote or dispose of any securities held by the sponsor, including the founder shares held by the initial shareholders. Upon the completion of this offering, our initial shareholders will beneficially own 33.8% of the issued and outstanding ordinary shares (assuming no exercise of the underwriters’ option to purchase additional units and the corresponding forfeiture of 642,857 founder shares by our initial shareholders). Our initial shareholders will have the right to appoint all of our directors prior to the consummation of our initial business combination and to vote to continue our company in a jurisdiction outside the Cayman Islands prior to the completion of our initial business combination as a result of holding all of the founder shares. In addition, because of this ownership block, our initial shareholders may be able to effectively influence the outcome of all matters requiring approval by our shareholders, including amendments to our amended and restated memorandum and articles of association and approval of significant corporate transactions, including our initial business combination. If we increase or decrease the size of this offering, we will effect a capitalization or share repurchase or redemption or other appropriate mechanism, as applicable, with respect to our Class B ordinary shares immediately prior to the consummation of the offering in such amount as to maintain the ownership of our initial shareholders at 28% of the issued and outstanding ordinary shares upon the consummation of this offering. Our public shareholders may incur immediate and substantial dilution upon such adjustment. 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 -allotmentoption 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 -allotmentoption