Item 1.01 filing reports execution of Amendment No. 1 to the Letter Agreement among the company, K2 Capital Sponsor LLC, and insiders.
Founder share lock-up revised to the earlier of (i) six months after business combination completion or (ii) Class A ordinary shares closing at or above $12.00 per share (adjusted) for any 20 trading days within any 30-trading day period beginning at least 150 days after the combination.
Private placement unit lock-up reduced from 180 days to 30 days after business combination completion.
No other changes to the original Insider Letter. Exhibit 10.1 filed with the amendment text.
No target, business combination agreement, outside date, or redemption figures disclosed in the filing.
Pulse Impact
- Previous Pulse: 49
- New Pulse: 49
- Change: Unchanged
- Driver: Item 1.01 is a material definitive agreement. Pulse treats the DA as a beat, not the 7.01 deck.
K2 Capital Acquisition Corporation Form 8-K (2026-08-27)
Not investment advice. Facts taken from the company’s Form 8-K.