Company: KII
Filing Date: 2025-12-09
Form Type: S-1/A
Source: 0001213900-25-119587
Chunk: 8

Company: K2 Capital Acquisition Corp
Filing Date: 2025-12-09
Form: S-1/A
Chunk 8
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 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. For each $10.00 invested in the Private Placement, through investment in K2 Capital Sponsor LLC, which we refer to as the Sponsor throughout this prospectus, each (A) Class I Investor will receive indirectly through its membership interests in our Sponsor approximately (i) 1.25 private placement units and (ii) 11.8 founder shares and (B) each Class II Investor will receive indirectly through its membership interests in our Sponsor approximately (i) 1.25 private placement units and (ii) 0.35 founder shares , as compared to a public investor in this offering, who will receive one unit for each $10.00 invested in this offering. These terms were offered in the Private Placement in order to incentivize participation in the Private Placement, as the private placement units (and underlying securities) have no redemption rights and will expire worthless if we fail to complete an initial business combination. A portion of the purchase price of the private placement units will be added to the proceeds from this offering to be held in the trust account such that at the time of closing, $100,000,000 (or $115,000,000 if the underwriters exercise their overallotment option in full) will be held in the trust account. If we do not complete our initial business combination within the completion window, the private placement units (and the underlying securities) will expire worthless