K2 Capital Acquisition Corp. ownership disclosure: Aristeia Capital, L.L.C. reports beneficial ownership of 1,000,000 Class A ordinary shares, representing 7.08% of the outstanding shares. The percentage is based on 14,126,875 shares outstanding as of March 24, 2026. The filing is a Schedule 13G signed by Andrew B. David on May 14, 2026.
Positive
None.
Negative
None.
Insights
Passive 13G stake disclosure: Aristeia holds 7.08% of K2.
Aristeia Capital reports beneficial ownership of 1,000,000 Class A shares, equal to 7.08% of outstanding shares using the issuer's March 24, 2026 outstanding count. The filing format (Schedule 13G) indicates a passive reporting intent rather than an active 13D campaign.
Key dependencies include the issuer's outstanding share count of 14,126,875 as of March 24, 2026. Subsequent filings could change the percentage if share counts or holdings change.
Key Figures
Beneficial ownership:1,000,000 sharesPercent of class:7.08%Shares outstanding:14,126,875 shares+2 more
5 metrics
Beneficial ownership1,000,000 sharesClass A ordinary shares reported in Schedule 13G
Percent of class7.08%Calculated using 14,126,875 shares outstanding as of March 24, 2026
Shares outstanding14,126,875 sharesOutstanding as of March 24, 2026 (per issuer 10-K)
Signature dateMay 14, 2026Date signature was provided on the Schedule 13G
Key Terms
Schedule 13G, beneficially owned, sole dispositive power
3 terms
Schedule 13Gregulatory
"The Reporting Person may be deemed the beneficial owner of 1,000,000 Class A ordinary shares"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially ownedfinancial
"Amount beneficially owned: 1,000,000 The Reporting Person may be deemed the beneficial owner"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive powerfinancial
"Sole power to dispose or to direct the disposition of: 1,000,000"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
How many K2 (KTWO) shares does Aristeia Capital own?
Aristeia Capital reports beneficial ownership of 1,000,000 Class A ordinary shares. This figure is stated verbatim in the Schedule 13G filing signed May 14, 2026.
What percent of K2 is Aristeia Capital reported to own?
The filing states Aristeia beneficially owns 7.08% of K2's Class A shares. That percentage is calculated using 14,126,875 shares outstanding as of March 24, 2026.
What date is used to calculate the ownership percentage?
The ownership percentage is based on the issuer's outstanding share count of 14,126,875 as of March 24, 2026, as cited in the company's 10-K filed March 26, 2026.
Who signed the Schedule 13G for Aristeia Capital?
The Schedule 13G is signed by Andrew B. David, identified as Chief Operating Officer of Aristeia Capital, L.L.C., with the signature date shown as May 14, 2026.
Does this Schedule 13G indicate activist intent by Aristeia Capital?
The filing is a Schedule 13G, which typically reports passive investment positions. The document does not state any activist or control intent; it lists beneficial ownership and voting/dispositive powers.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
K2 Capital Acquisition Corp.
(Name of Issuer)
Class A ordinary shares included as part of the units
(Title of Class of Securities)
G5226B105
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G5226B105
1
Names of Reporting Persons
Aristeia Capital, L.L.C.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,000,000.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,000,000.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,000,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.08 %
12
Type of Reporting Person (See Instructions)
IA, OO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
K2 Capital Acquisition Corp.
(b)
Address of issuer's principal executive offices:
244 Fifth Avenue, Suite #1833, New York, NY 10001
Item 2.
(a)
Name of person filing:
Aristeia Capital, L.L.C.
(b)
Address or principal business office or, if none, residence:
One Greenwich Plaza, Suite 300, Greenwich, CT 06830
(c)
Citizenship:
Delaware
(d)
Title of class of securities:
Class A ordinary shares included as part of the units
(e)
CUSIP Number(s):
G5226B105
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
1,000,000
The Reporting Person may be deemed the beneficial owner of 1,000,000 Class A ordinary shares, which is approximately 7.08% of the outstanding shares. This percentage was determined by dividing 1,000,000 by 14,126,875, which is the number of shares outstanding as of March 24, 2026, as reported in the Issuer's 10-K filed with the SEC on March 26, 2026.
(b)
Percent of class:
7.08%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
1,000,000
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
1,000,000
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Aristeia Capital, L.L.C.
Signature:
/s/ Andrew B. David
Name/Title:
Andrew B. David / Chief Operating Officer, Aristeia Capital, L.L.C.
