Financing ·
K&F Growth Acquisition Corp. II issued two unsecured promissory notes to Daniel Fetters and Edward King for $300,000…
KFIIK&F Growth Acquisition Corp. II
K&F Growth Acquisition Corp. II issued two unsecured promissory notes to Daniel Fetters and Edward King for $300,000 each, totaling $600,000 in principal. The proceeds are designated for working capital purposes. The notes bear no interest and mature upon the earlier of the consummation of an initial business combination or the company's liquidation. If unpaid at maturity, holders may elect to convert up to the full principal amount into units consisting of one Class A ordinary share and one right. This financing supports the SPAC's operations while seeking a target for merger.