K2 Capital Acquisition Corporation Announces Closing of its Upsized $138,000,000 Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Units

Core Viewpoint - K2 Capital Acquisition Corporation successfully closed its upsized initial public offering, raising significant capital through the sale of 13,800,000 units at $10.00 per unit, which includes an additional 1,800,000 units purchased by underwriters [1] Group 1: Offering Details - The offering consisted of 13,800,000 units, each unit comprising one Class A ordinary share and one right to receive one-fifth of a Class A ordinary share upon the closing of the initial business combination [1] - The units began trading on the Nasdaq Global Market under the ticker symbol "KTWOU" on January 29, 2026, with Class A ordinary shares and rights listed under "KTWO" and "KTWOR," respectively [1] Group 2: Management and Legal Advisors - D. Boral Capital acted as the sole book-running manager for the offering, while Loeb & Loeb LLP and Freshfields US LLP served as legal advisors to the Company and D. Boral, respectively [2] Group 3: Regulatory Information - A registration statement on Form S-1 was declared effective by the U.S. Securities and Exchange Commission on January 28, 2026, and the offering is being conducted solely through a prospectus [3]