K&F Growth II sponsor converts 9.58M Class B shares
For K&F Growth Acquisition Corp. II (KFII), Sponsor K&F Growth Acquisition LLC II converted 9,583,332 Class B ordinary shares into the same number of Class A ordinary shares on October 23, 2026, on a one-for-one basis for no additional consideration.
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Rhea-AI Filing Summary
For K&F Growth Acquisition Corp. II (KFII), Sponsor K&F Growth Acquisition LLC II converted 9,583,332 Class B ordinary shares into the same number of Class A ordinary shares on October 23, 2026, on a one-for-one basis for no additional consideration. The Sponsor held 9,583,332 Class A ordinary shares and one Class B ordinary share following the conversion. Edward King and Daniel Fetters, the issuer’s Co-Chief Executive Officers and Co-Managing Members of the Sponsor, disclaimed beneficial ownership except to the extent of any pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B ordinary shares F1, F2 | 9,583,332 | $0.00 | $0.00 |
| Conversion | Class A ordinary shares F1, F2 | 9,583,332 | -- | -- |
Footnotes (2)
- F1. The Class B ordinary shares are convertible, at the option of the holder, into Class A ordinary shares on a one-for-one basis, for no additional consideration, and have no expiration date. On October 23, 2026, the Reporting Persons elected to convert 9,583,332 Class B ordinary shares held by them into 9,583,332 Class A ordinary shares.
- F2. The Sponsor is the record holder of the shares reported herein. Daniel Fetters, the Co-Chief Executive Officer of the Issuer, as well as Edward King, the Co-Chief Executive Officer of the Issuer, are the Co-Managing Members of the Sponsor and hold voting and investment discretion with respect to the ordinary shares held of record by the Sponsor. As such, each of Mr. Fetters and Mr. King may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Each of Mr. Fetters and Mr. King disclaims any beneficial ownership of the securities held of record by the Sponsor other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
Key Figures
Key Terms
one-for-one basis technical
beneficial ownership regulatory
pecuniary interest regulatory
FAQ
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What were the terms of KFII's Class B-to-Class A conversion?
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