K&F Growth Acquisition Corp. II reported first-quarter 2026 results showing net income of $2.4M and diluted earnings per share of $0.06, with the company continuing early-stage special purpose acquisition company (SPAC) activities and holding capital in trust to fund an eventual business combination.
Financial Highlights
- Net income was $2.40M for Q1 2026, up from $1.60M in Q1 2025; YoY change 50.0%.
- Diluted EPS was $0.06 for Q1 2026, unchanged from $0.06 in Q1 2025; YoY change 0%.
Business Highlights
- Business model: A SPAC formed to effect a business combination; management broadened the target search beyond experiential entertainment to any industry.
- Capital position: $288.9M held in trust to fund an initial business combination and post-combination operations.
- Operational activity: Early-stage activities only — organizing, completing the IPO, target identification and due diligence; the company has not yet generated revenue.
- Market presence: Public listing on Nasdaq achieved in February 2025, providing visibility and access to acquisition opportunities.
- Outlook: Management aims to complete a business combination by Nov. 6, 2026; extensions may be possible with shareholder approval and potential redemptions.
Original SEC Filing:
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