K&F Growth Acquisition Corp II Unit(KFIIU) - 2025 Q2 - Quarterly Report

Financial Performance - For the three months ended June 30, 2025, the company reported a net income of $2,914,691, consisting of $3,091,950 from investments held in the Trust Account, offset by a loss from operations of $177,259[99]. - For the six months ended June 30, 2025, the company had a net income of $4,516,531, with $4,884,365 from investments held in the Trust Account and a loss from operations of $367,834[99]. - Cash used in operating activities for the six months ended June 30, 2025, was $590,306, influenced by interest earned on investments and operational costs[102]. Initial Public Offering - The company completed its Initial Public Offering on February 6, 2025, raising gross proceeds of $287,500,000 from the sale of 28,750,000 Units at $10.00 per Unit[100]. - After the Initial Public Offering and the sale of Private Placement Units, a total of $288,937,500 was placed in the Trust Account, with $16,427,868 incurred in related costs[101]. - The underwriters received a cash underwriting discount of 2.00% of the gross proceeds, totaling $5,750,000, and a deferred underwriting discount of 3.5%, amounting to $10,062,500, payable upon the closing of an initial Business Combination[109]. Trust Account and Investments - As of June 30, 2025, the company had investments held in the Trust Account amounting to $293,821,865, compared to $0 as of December 31, 2024[103]. - The company intends to use substantially all funds in the Trust Account to complete its Business Combination and for working capital to finance operations of the target business[103]. Debt and Financing - The company has no long-term debt or off-balance sheet arrangements as of June 30, 2025, and incurs a monthly fee of $25,000 for administrative support[107][108]. - The company may need additional financing to complete its Business Combination or to cover redemptions of Public Shares, which could involve issuing additional securities or incurring debt[106].