K&F Growth Acquisition Corp. II Prices $250 Million IPO, Begins Trading on Nasdaq

February 04, 2025 08:51 PM PST | By Team Kalkine Media

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K&F Growth Acquisition Corp. II Prices $250 Million IPO, Begins Trading on Nasdaq — Image source: shutterstock

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Highlights

IPO Launch: K&F Growth Acquisition Corp. II prices its initial public offering (IPO) at $10.00 per unit, raising $250 million.

Nasdaq Listing: Trading begins February 5, 2025, under the ticker “KFIIU”; Class A shares and rights will trade separately as “KFII” and “KFIIR” in the future.

Acquisition Focus: The company targets experiential entertainment businesses with high growth potential.

K&F Growth Acquisition Corp. II has announced the pricing of its $250 million initial public offering (IPO), with 25 million units priced at $10.00 each. The blank check company will begin trading on the Nasdaq Global Market under the ticker “KFIIU”, with its Class A ordinary shares and Share Rights expected to trade separately in the future as “KFII” and “KFIIR”, respectively.

Each IPO unit consists of one Class A ordinary share and one-fifteenth of a Class A ordinary share, granted upon the completion of an initial business combination. Notably, no public or private warrants are included in this offering. The IPO is set to close on February 6, 2025, subject to final approvals.

The company has also granted underwriters a 45-day option to purchase up to 3.75 million additional units to cover over-allotments, which could further increase the total raised capital. BTIG, LLC is serving as the sole book-running manager for the IPO.

Strategic Vision and Leadership

As a special purpose acquisition company (SPAC), K&F Growth Acquisition Corp. II aims to identify and acquire businesses in the experiential entertainment sector. The company seeks targets that demonstrate strong secular growth trends, competitive positioning, and opportunities for organic and M&A-driven expansion.

The leadership team is headed by:

Edward King – Co-Chief Executive Officer & Co-Chairman
Daniel Fetters – Co-Chief Executive Officer, Chief Financial Officer & Co-Chairman
Board Members: James J. Murren, Joyce Arpin, and Geoff Freeman

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