Company: KII
Filing Date: 2025-12-09
Form Type: S-1/A
Source: 0001213900-25-119587
Chunk: 47

Company: K2 Capital Acquisition Corp
Filing Date: 2025-12-09
Form: S-1/A
Chunk 47
---
 to allocate the units to investors and may determine to sell a different number of units to the sponsor non-managing members, or none at all. None of the sponsor non-managing members have any obligation to vote any of their public shares in favor of our initial business combination. Nevertheless, the non-managing members may be incentivized to vote any of their public shares in favor of a business combination due to their indirect ownership in the founder shares, and private placement units. In the event that the sponsor non-managing members purchase such units (either in this offering or after) and vote the public shares included in such units in favor of our initial business combination, no affirmative votes from other public shareholders may be required to approve our initial business combination. However, because the sponsor non-managing members are not obligated to continue owning any public shares following the closing and are not obligated to vote any public shares in favor of our initial business combination, we cannot assure you that any of these sponsor non-managing members will be public shareholders at the time our shareholders vote on our initial business combination, and, if they are public shareholders, we cannot assure you as to how such sponsor non-managing members will vote on any business combination. |
| The sponsor non-managing members 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 and the private placement units held by the initial shareholders. Further, the sponsor non-managing members are not required to (i) hold any units, Class A ordinary shares or rights they may purchase in this offering or thereafter for any amount of time, or enter into a lock-up agreement with us or the underwriters with respect to any units or Class A ordinary shares, (ii) vote any Class A ordinary shares they may own at the applicable time in favor of our initial business combination or (iii) refrain from exercising their right to redeem their public shares at the time of our initial business combination. The sponsor non-managing members will have the same rights to the funds held in the trust account with respect to the Class A ordinary shares underlying the units they may purchase in this offering as the rights afforded to our other public shareholders.                                                                                                                                                                                                                                                                                                                          
 However, if the sponsor non-managing members purchase any of the units for which they have expressed to us an interest in purchasing, then the sponsor non-managing members will potentially have different