Tuesday, 02 January 2024 12:17 GMT

Investornewsbreaks K2 Capital Acquisition Corporation (NASDAQ: KTWO) Closes $138 Million Upsized IPO


(MENAFN- Investor Brand Network) K2 Capital Acquisition (NASDAQ: KTWO) announced the closing of its upsized initial public offering of 13,800,000 units at $10.00 per unit, including the full exercise of the underwriters' option to purchase an additional 1,800,000 units, with each unit consisting of one Class A ordinary share and one right to receive one-fifth of one Class A ordinary share upon the closing of the company's initial business combination. The units began trading on the Nasdaq Global Market on Jan. 29, 2026, under the symbol KTWOU, while the Class A ordinary shares and rights are listed under the symbols KTWO and KTWOR, respectively. D. Boral Capital acted as sole book-running manager for the offering, with Loeb & Loeb LLP serving as legal advisor to the company and Freshfields US LLP serving as legal advisor to D. Boral.

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About K2 Capital Acquisition Corporation

K2 Capital Acquisition Corporation is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

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