Quarterly ResultAug 11, 2026, 04:14 PM
K&F Growth II Q2 Net Income $4.89M; Trust Account $305.19M
AI Summary
K&F Growth Acquisition Corp. II reported a net income of $4.89 million for the six months ended June 30, 2026, an increase from $4.52 million in the prior year. As a blank check company, it held $305.19 million in its Trust Account as of June 30, 2026, with a per-share redemption value of $10.62. Management noted a going concern risk due to current liquidity and the mandatory liquidation date of November 6, 2026, if a business combination is not completed.
Key Highlights
- Net income for the six months ended June 30, 2026, was $4.89 million, up from $4.52 million YoY.
- Cash and securities held in Trust Account totaled $305.19 million as of June 30, 2026.
- The per-share redemption value for Class A Ordinary Shares was $10.62 as of June 30, 2026.
- Cash balance as of June 30, 2026, was $92,083, down from $577,446 at year-end 2025.
- Shareholders' Deficit increased to $(9.85) million as of June 30, 2026.
- The company faces a mandatory Business Combination deadline of November 6, 2026.
- Management identified a going concern risk due to liquidity and the mandatory liquidation date.
Price Impact