K2 Capital Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Rights, Commencing on February 25, 2026  

Rhea-AI Summary

K2 Capital Acquisition Corp (NASDAQ:KTWOU) announced that, beginning February 25, 2026, holders of the 13,800,000 units sold in the IPO may elect to separately trade the Class A ordinary shares and rights included in each Unit.

Separated Class A ordinary shares will trade as KTWO and separated rights will trade as KTWOR. Units remaining intact will continue trading as KTWOU. Brokers must contact transfer agent VStock Transfer to effect separations. D. Boral served as sole book-running manager and the Form S-1 was declared effective on January 28, 2026.

NEW YORK, Feb. 20, 2026 (GLOBE NEWSWIRE) -- K2 Capital Acquisition Corp. (the "Company") today announced that, commencing on February 25, 2026, holders of the 13,800,000 units (the “Units”) sold in the Company’s initial public offering (the “Offering”), including Units sold upon full exercise of the underwriters’ over-allotment option, may elect to separately trade the Class A ordinary shares and rights included in the Units. Any Units not separated will continue to trade on the NASDAQ Global Market (“NASDAQ”) under the symbol “KTWOU.” Any underlying Class A ordinary shares and rights that are separated will trade on the NASDAQ under the symbols “KTWO” and “KTWOR,” respectively. Holders of Units will need to have their brokers contact the Company's transfer agent, VStock Transfer, in order to separate the holders’ Units into Class A ordinary shares and rights.

The Units were initially offered by the Company in an underwritten offering. D. Boral Capital (“D. Boral”) acted as sole book-running manager of the Offering. A registration statement on Form S-1 (File No. 333-293034) relating to these securities was declared effective by the Securities and Exchange Commission (the “SEC”) on January 28, 2026. The offering is being made only by means of a prospectus. Copies of the final prospectus relating to this offering may be obtained from D. Boral Capital, 590 Madison Ave 39th floor, New York, NY 10022, by email at dbccapitalmarkets@dboralcapital.com, or by accessing the SEC's website, www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About K2 Capital Acquisition Corp.

K2 Capital Acquisition Corporation is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Forward-Looking Statements

This press release contains statements that constitute "forward-looking statements," including with respect to the anticipated use of the net proceeds. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Registration Statement and related prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contacts
Karan Thakur
Chairman & Chief Executive Officer
Email: info@k2spac.com
Phone: +1-236-521-6500

FAQ

What happens to K2 Capital units (KTWOU) on February 25, 2026?

Holders may elect to separate the Units into Class A shares and rights starting February 25, 2026. According to the company, separated Class A ordinary shares will trade as KTWO and rights as KTWOR, while any unsplit Units remain as KTWOU.

How many Units were sold in K2 Capital's offering (KTWOU)?

The offering comprised 13,800,000 Units, including over-allotment Units. According to the company, that total reflects Units sold in the initial public offering and any fully exercised over-allotment.

How do shareholders separate K2 Capital Units into KTWO and KTWOR?

Holders must have their brokers contact the transfer agent, VStock Transfer, to split Units into shares and rights. According to the company, brokers handle the request with the transfer agent to effect separate trading.

Will K2 Capital Units still trade as KTWOU after February 25, 2026?

Yes; any Units not separated will continue to trade on NASDAQ as KTWOU. According to the company, only Units that holders elect to split will begin trading under KTWO and KTWOR.

Who managed K2 Capital's offering for KTWOU and where is the prospectus available?

D. Boral Capital acted as sole book-running manager for the offering. According to the company, the final prospectus is available from D. Boral Capital or via the SEC website at www.sec.gov.

When was K2 Capital's Form S-1 declared effective for the KTWOU offering?

The Form S-1 (File No. 333-293034) was declared effective on January 28, 2026. According to the company, that declaration cleared the registration so the offering was conducted by prospectus.