K&F Growth Acquisition Corp II Unit(KFIIU) - 2025 Q3 - Quarterly Report

Financial Performance - For the three months ended September 30, 2025, the company reported a net income of $3,011,127, with investment income of $3,189,092 and an operational loss of $177,965[98]. - For the nine months ended September 30, 2025, the company achieved a net income of $7,527,658, driven by investment income of $8,073,457, offset by an operational loss of $545,799[98]. - Cash used in operating activities for the nine months ended September 30, 2025, was $715,102, with net income impacted by interest earned on Trust Account investments[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]. - Following the Initial Public Offering, a total of $288,937,500 was placed in the Trust Account, after incurring $16,427,868 in related costs[101]. - The underwriters received a cash underwriting discount of 2.00% of the gross proceeds from the Initial Public Offering, totaling $5,750,000[108]. Trust Account and Investments - As of September 30, 2025, the company held investments in the Trust Account amounting to $297,010,957, compared to $0 as of December 31, 2024[104]. - The company intends to use funds from the Trust Account primarily to complete its Business Combination and for working capital to finance operations of the target business[104]. Debt and Obligations - The company has no long-term debt or capital lease obligations, but incurs a monthly fee of $25,000 for office space and administrative support[107]. - Up to $1,500,000 of Working Capital Loans may be convertible into private placement units at $10.00 per unit at the lender's option[106].