|4Feb 13, 9:47 PM ET

Thakur Karan 4

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K2 Capital (KTWO) CEO Karan Thakur Buys 326,875 Private Units

What Happened Karan Thakur (CEO) — through K2 Capital Sponsor LLC — purchased 326,875 private units in K2 Capital Acquisition Corp on Jan 30, 2026. Each private unit consists of one Class A ordinary share plus a right to receive one-fifth (1/5) of an ordinary share upon consummation of an initial business combination. The units were purchased at $8.00 per unit for an aggregate purchase price of $2,615,000. This filing reports a purchase (code P), i.e., a cash investment into the issuer via a sponsor private placement.

Key Details

  • Transaction date: 2026-01-30; Purchase price: $8.00 per unit; Aggregate: $2,615,000.
  • Reported holding after the transaction: 326,875 Class A ordinary shares held directly by K2 Capital Sponsor LLC. In addition, the sponsor holds 326,875 rights to receive 1/5 of a share upon a business combination (equivalent to 65,375 shares if those rights convert).
  • Transaction type/code: Private purchase (P) under a Private Placement Units Purchase Agreement dated Jan 28, 2026.
  • Beneficial ownership: Karan Thakur controls K2 Capital Sponsor LLC and therefore may be deemed to beneficially own the shares held by the sponsor; he disclaims beneficial ownership except to the extent of any pecuniary interest.
  • Filing timeliness: The Form 4 was filed on Feb 13, 2026 for a Jan 30, 2026 transaction — it was not filed within the usual two-business-day window for Form 4s.

Context This was a private placement by the company’s sponsor (common in SPAC transactions): units include current Class A shares plus contingent rights tied to a future business combination. The entry is a purchase (cash invested by the sponsor); the filing reflects sponsor ownership and the insider’s control of that sponsor, not necessarily direct personal holdings beyond any pecuniary interest disclosed.