For the quarter ending 2026-03-31, KTWO has $140,003,658 in assets. $271,997 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | ||
|---|---|---|---|---|
| Cash | 990,067 | 550,000 | ||
| Prepaid expenses | - | 70,000 | ||
| Prepaid expenses and insurance | 190,408 | - | ||
| Total current assets | 1,180,475 | 620,000 | ||
| Long term prepaid insurance | 43,587 | - | ||
| Deferred offering costs | - | 134,679 | ||
| Investments held in trust account | 138,779,596 | - | ||
| Total assets | 140,003,658 | 754,679 | ||
| Accrued offering costs | - | 52,480 | ||
| Accrued expenses | - | 40,400 | ||
| Advances from related party | - | 550,000 | ||
| Accounts payable and accrued expenses | 196,997 | - | ||
| Promissory note related party | - | 183,856 | ||
| Accrued offering costs | 75,000 | - | ||
| Total current liabilities | 271,997 | 826,736 | ||
| Total liabilities | 271,997 | 826,736 | ||
| Class a ordinary shares subject to possible redemption, 0.0001 par value 13,800,000 and no shares at redemption value of 10.06 and 0 per share at march 31, 2026 and december 31, 2025, respectively | 138,779,596 | - | ||
| Ordinary shares, value-Common Class A | 33 | - | ||
| Ordinary shares, value-Common Class B | 591 | 591 | ||
| Additional paid-in capital | 747,686 | 24,409 | ||
| Retained earnings (accumulated deficit) | 203,755 | -97,057 | ||
| Total shareholders equity (deficit) | 952,065 | -72,057 | ||
| Total liabilities, class a ordinary shares subject to possible redemption, and shareholders equity (deficit) | 140,003,658 | 754,679 | ||
K2 Capital Acquisition Corp (KTWO)
K2 Capital Acquisition Corp (KTWO)