Recent Updates — KFII

K&F Growth Acquisition Corp. II filed a proxy supplement modifying its Extension Amendment Proposal to shorten the deadline for consummating an initial business combination from February 7, 2028, to August 6, 2027. The company also postponed its extraordinary general meeting to November 4, 2026, and extended the redemption rights deadline to November 2, 2026. Additionally, the filing details non-redemption agreements with investors offering up to one surviving company share per six public shares held by those who agree not to redeem. K&F Growth Acquisition Corp. II is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, or similar business combination.

K&F Growth Acquisition Corp. II converted an aggregate of 9,583,332 Class B ordinary shares held by its sponsor into an equal number of Class A ordinary shares on October 23, 2026. Following the conversion, there were 39,256,059 Class A ordinary shares and one Class B share outstanding. The company previously mailed a proxy statement to shareholders seeking approval for an amendment to extend the deadline to consummate an initial business combination with David’s Bridal, Inc., with a shareholder vote scheduled for an extraordinary general meeting.

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.