K&f Growth Acquisition Corp. II (KFII) · Oct 26, 2026 · Share issuance

K&F Growth II share issuance converts 9.6M sponsor shares

9.58M-share conversion — 9,583,332 Class B shares converted into Class A shares

K&F Growth II reports a share issuance converting 9.6 million sponsor shares into Class A stock, with no new business-combination terms.

K&F is still a SPAC trying to take David’s Bridal’s Pearl wedding-planning and commerce platform public; the proposed transaction remains only a non-binding letter of intent and requires definitive agreements, approvals and an extension of the SPAC deadline.

This filing is mainly a technical cap-table change, not progress on the deal. The sponsor converted 9,583,332 Class B ordinary shares into Class A ordinary shares. 〔0〕 The converted shares retain the sponsor’s transfer restrictions, redemption waiver and obligation to vote for an initial business combination, so the filing does not introduce new economics or dilute public shareholders through a fresh cash issuance.

The change increases the reported Class A share count but leaves the operating story untouched. After the conversion, KFII reported 39,256,059 Class A shares outstanding and one Class B share. 〔1〕 The material near-term event remains the shareholder vote to extend the combination deadline, rather than this conversion itself.

Bottom line: This is housekeeping around the SPAC’s capital structure, not a substantive update on Pearl or the proposed combination. The extension vote and eventual definitive agreement matter materially more than this filing.

What to watch next

Extension vote, November 3, 2026

Original filing on SEC EDGAR

More K&f Growth Acquisition Corp. II news

K&F Growth II share issuance converts 9.6M sponsor shares | KFII Stock News
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