K&F Growth Acquisition Corp. II, a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar Business Combination with one or more businesses, has released its Form 10-Q report for the third quarter of 2025. The report provides a detailed overview of the company's financial performance and operational activities for the period ending September 30, 2025.
Financial Highlights
- Net Income: $3.01 million for the three months ended September 30, 2025, driven by interest income on investments held in the Trust Account.
- Net Income: $7.53 million for the nine months ended September 30, 2025, primarily due to interest income on investments held in the Trust Account.
- Net Income (Loss): $(45,173) for the period from July 2, 2024 (inception) through September 30, 2024, reflecting initial operational costs.
- Basic and diluted net income per share, Class A redeemable ordinary shares: $0.08 for the three months ended September 30, 2025.
- Basic and diluted net income per share, Class A redeemable ordinary shares: $0.21 for the nine months ended September 30, 2025.
- Basic net income (loss) per share, Class B non-redeemable ordinary shares: $0.08 for the three months ended September 30, 2025.
- Basic net income (loss) per share, Class B non-redeemable ordinary shares: $0.21 for the nine months ended September 30, 2025.
- Basic and diluted net loss per share, Class B non-redeemable ordinary shares: $(0.01) for the period from July 2, 2024 (inception) through September 30, 2024.
Business Highlights
- Business Overview: K&F Growth Acquisition Corp. II is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar Business Combination with one or more businesses. The company has not yet commenced operations and is focused on identifying a target for a Business Combination.
- Operational Activities: Since inception, the company's activities have been limited to organizational efforts, the Initial Public Offering, and identifying and evaluating prospective acquisition candidates. The company has not generated any operating revenues and will not do so until after the completion of its initial Business Combination.
- Trust Account Management: Following the Initial Public Offering, a total of $288,937,500 was placed in a Trust Account. The funds are held in U.S. Treasury Securities and are intended to be used for the Business Combination.
- Interest Income: The company has generated non-operating income in the form of interest income on investments held in the Trust Account, which amounted to $8,073,457 for the nine months ended September 30, 2025.
- Future Outlook: The company intends to use the funds held outside the Trust Account primarily to identify and evaluate target businesses, perform due diligence, and complete a Business Combination. The management is focused on completing a Business Combination within the specified timeframe to avoid liquidation.
SEC Filing: