Company: KII
Filing Date: 2025-09-18
Form Type: S-1
Source: 0001213900-25-088883
Chunk: 121

Company: K2 Capital Acquisition Corp
Filing Date: 2025-09-18
Form: S-1
Chunk 121
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 (B) with respect to any other provision relating to shareholders’ rights or pre -initialbusiness combination activity, unless we provide our public shareholders with the opportunity to redeem their ordinary shares upon approval of any such amendment at a per -shareprice, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest (which interest shall be net of taxes payable), divided by the number of then outstanding public shares. The issuance of additional ordinary shares or preference shares: •may significantly dilute the equity interest of investors in this offering; •may subordinate the rights of holders of ordinary shares if preference shares is issued with rights senior to those afforded our ordinary shares; •could cause a change of control if a substantial number of our ordinary shares are issued, which may affect, among other things, our ability to use our net operating loss carry forwards, if any, and could result in the resignation or removal of our present officers and directors; and •may adversely affect prevailing market prices for our units and Class A ordinary shares. Our initial shareholders, either directly or indirectly, paid an aggregate of $25,000, or approximately $0.005 per founder share, and, accordingly, you will experience immediate and substantial dilution from the purchase of our Class B ordinary shares. The difference between the public offering price per share (allocating all of the unit purchase price to the Class A ordinary shares and none to the rights included in the unit) and the pro forma net tangible book value per Class A ordinary share after this offering constitutes the dilution to you and the other investors in this offering. Our Sponsor 77 acquired the founder shares at a nominal price, significantly contributing to this dilution. Upon the closing of this offering, and assuming no value is ascribed to the rights included in the units, you and the other public shareholders will incur immediate and substantial dilution of approximately 97.60% (or $9.76 per share, assuming no exercise of the underwriters’ over -allotmentoption), the difference between the pro forma net tangible book deficit per share of $0.24 (assuming a maximum redemption scenario) and the initial offering price of $10.00 per unit. For more information on dilution, the assumptions underlying the expected dilution you will experience in connection with this offering and the dilutive impact of different redemption scenarios, please see the section entitled “ Dilution” in this prospectus. This dilution would increase to the extent that the anti -dilutionprovisions of the founder