Company: KII
Filing Date: 2025-12-09
Form Type: S-1/A
Source: 0001213900-25-119587
Chunk: 293

Company: K2 Capital Acquisition Corp
Filing Date: 2025-12-09
Form: S-1/A
Chunk 293
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 not have a duration of more than three years from the commencement of sales of the securities in this offering. The right of refusal shall also encompass the time period leading up to the closing of the business combination while the Company is still a special purpose acquisition company. In the event that we terminate our engagement with D. Boral for cause, any right of first refusal will not survive such termination. 185 Prior to this offering, there has been no public market for our securities. Among the factors considered in determining the initial public offering price were the history and prospects of companies whose principal business is the acquisition of other companies, prior offerings of those companies, our management, our capital structure, and currently prevailing general conditions in the equity securities markets, including current market valuations of publicly traded companies considered comparable to our company. We cannot assure you, however, that the price at which the units, Class A ordinary shares or rights will sell in the public market after this offering will not be lower than the initial public offering price or that an active trading market in our units, Class A ordinary shares, or rights will develop and continue after this offering. In connection with this offering, the underwriters may engage in stabilizing transactions, over -allotmenttransactions, syndicate covering transactions and penalty bids in accordance with Regulation M under the Exchange Act. Stabilizing transactions permit bids to purchase the underlying security so long as the stabilizing bids do not exceed a specified maximum. •Over -allotmentinvolves sales by the underwriters of units in excess of the number of units the underwriters are obligated to purchase, which creates a syndicate short position. The short position may be either a covered short position or a naked short position. In a covered short position, the number of units over -allottedby the underwriters is not greater than the number of units that they may purchase in the over -allotmentoption. In a naked short position, the number of units involved is greater than the number of units in the over -allotmentoption. The underwriters may close out any covered short position by either exercising their over -allotmentoption and/or purchasing units in the open market. •Syndicate covering transactions involve purchases of the units in the open market after the distribution has been completed in order to cover syndicate short positions. In determining the source of units to close out the short position, the underwriters will consider, among other things, the price of units available for purchase in the open market as compared to the price at