10-Q Filing

K&F GROWTH ACQUISITION CORP. II CIK: 2029976 Q1 2025

Filing Information

Form Type	10-Q
Accession Number	`0001213900-25-043617`
Period End Date	20250331
Filing Date	20250515
Fiscal Year	2025
Fiscal Period	Q1
XBRL Instance	ea0241826-10q_kfgrow2_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 8 Cash Flow Statement 42 Stockholders Equity 20

Balance Sheet 92 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	-	USD	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Cash	`Cash`	$1.03M	USD	Point-in-time
Cash	`Cash`	$1.03M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$263.70K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$263.70K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$4.68K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$4.68K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.68K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.68K	USD	Point-in-time
Deferred offering costs	`DeferredCosts`	-	USD	Point-in-time
Deferred offering costs	`DeferredCosts`	-	USD	Point-in-time
Preferred shares, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred shares, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Deferred offering costs	`DeferredCosts`	$199.94K	USD	Point-in-time
Deferred offering costs	`DeferredCosts`	$199.94K	USD	Point-in-time
Preferred shares, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred shares, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred shares, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred shares, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Investments held in Trust Account	`AssetsHeldInTrustNoncurrent`	-	USD	Point-in-time
Investments held in Trust Account	`AssetsHeldInTrustNoncurrent`	-	USD	Point-in-time
Preferred shares, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred shares, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Investments held in Trust Account	`AssetsHeldInTrustNoncurrent`	$290.73M	USD	Point-in-time
Investments held in Trust Account	`AssetsHeldInTrustNoncurrent`	$290.73M	USD	Point-in-time
Total Assets	`Assets`	$204.62K	USD	Point-in-time
Total Assets	`Assets`	$204.62K	USD	Point-in-time
Total Assets	`Assets`	$292.03M	USD	Point-in-time
Total Assets	`Assets`	$292.03M	USD	Point-in-time
Preferred shares, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred shares, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred shares, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred shares, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred shares, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred shares, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred shares, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred shares, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accrued offering costs	`AccruedOfferingCosts`	$75.00K	USD	Point-in-time
Accrued offering costs	`AccruedOfferingCosts`	$75.00K	USD	Point-in-time
Accrued offering costs	`AccruedOfferingCosts`	$7.28K	USD	Point-in-time
Accrued offering costs	`AccruedOfferingCosts`	$7.28K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$18.04K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$18.04K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$27.63K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$27.63K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$217.52K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$217.52K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	-	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$242.84K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$242.84K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$102.63K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$102.63K	USD	Point-in-time
Deferred underwriting fee	`DeferredUnderwritingFee`	-	USD	Point-in-time
Deferred underwriting fee	`DeferredUnderwritingFee`	-	USD	Point-in-time
Deferred underwriting fee	`DeferredUnderwritingFee`	$10.06M	USD	Point-in-time
Deferred underwriting fee	`DeferredUnderwritingFee`	$10.06M	USD	Point-in-time
Total Liabilities	`Liabilities`	$242.84K	USD	Point-in-time
Total Liabilities	`Liabilities`	$242.84K	USD	Point-in-time
Total Liabilities	`Liabilities`	$10.17M	USD	Point-in-time
Total Liabilities	`Liabilities`	$10.17M	USD	Point-in-time
Commitments and Contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Class A ordinary shares subject to possible redemption, $0.0001 par value; 28,750,000 shares and 0 shares at redemption value of approximately $10.11 and $0.00 per share as of March 31, 2025 and December 31, 2024, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$290.73M	USD	Point-in-time
Class A ordinary shares subject to possible redemption, $0.0001 par value; 28,750,000 shares and 0 shares at redemption value of approximately $10.11 and $0.00 per share as of March 31, 2025 and December 31, 2024, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$290.73M	USD	Point-in-time
Class A ordinary shares subject to possible redemption, $0.0001 par value; 28,750,000 shares and 0 shares at redemption value of approximately $10.11 and $0.00 per share as of March 31, 2025 and December 31, 2024, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Class A ordinary shares subject to possible redemption, $0.0001 par value; 28,750,000 shares and 0 shares at redemption value of approximately $10.11 and $0.00 per share as of March 31, 2025 and December 31, 2024, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Preferred shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding share as of March 31, 2025 and December 31, 2024	`PreferredStockValue`	-	USD	Point-in-time
Preferred shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding share as of March 31, 2025 and December 31, 2024	`PreferredStockValue`	-	USD	Point-in-time
Preferred shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding share as of March 31, 2025 and December 31, 2024	`PreferredStockValue`	-	USD	Point-in-time
Preferred shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding share as of March 31, 2025 and December 31, 2024	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$24.04K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$24.04K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-8.87M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-8.87M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-63.21K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-63.21K	USD	Point-in-time
Total Shareholders Deficit	`StockholdersEquity`	$-38.21K	USD	Point-in-time
Total Shareholders Deficit	`StockholdersEquity`	$-38.21K	USD	Point-in-time
Total Shareholders Deficit	`StockholdersEquity`	$-8.87M	USD	Point-in-time
Total Shareholders Deficit	`StockholdersEquity`	$-8.87M	USD	Point-in-time
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders Deficit	`LiabilitiesAndStockholdersEquity`	$292.03M	USD	Point-in-time
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders Deficit	`LiabilitiesAndStockholdersEquity`	$292.03M	USD	Point-in-time
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders Deficit	`LiabilitiesAndStockholdersEquity`	$204.62K	USD	Point-in-time
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders Deficit	`LiabilitiesAndStockholdersEquity`	$204.62K	USD	Point-in-time

Income Statement 8 line items

Line Item	Tag	Value	Unit	Period
General and administrative and formation costs	`GeneralAndAdministrativeExpense`	$190.57K	USD	1 Quarter
General and administrative and formation costs	`GeneralAndAdministrativeExpense`	$190.57K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-190.57K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-190.57K	USD	1 Quarter
Interest earned on investments held in Trust Account	`InvestmentIncomeInterest`	$1.79M	USD	1 Quarter
Interest earned on investments held in Trust Account	`InvestmentIncomeInterest`	$1.79M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.60M	USD	1 Quarter

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.60M	USD	1 Quarter
Interest earned on investments held in Trust Account	`InvestmentIncomeInterest`	$1.79M	USD	1 Quarter
Interest earned on investments held in Trust Account	`InvestmentIncomeInterest`	$1.79M	USD	1 Quarter
Payment of general and administrative costs through promissory note	`PaymentOfGeneralAndAdministrativeCostsThroughPromissoryNote`	$48.00K	USD	1 Quarter
Payment of general and administrative costs through promissory note	`PaymentOfGeneralAndAdministrativeCostsThroughPromissoryNote`	$48.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$259.01K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$259.01K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$9.59K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$9.59K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-391.99K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-391.99K	USD	1 Quarter
Investment of cash in Trust Account	`PaymentsToAcquireInvestments`	$288.94M	USD	1 Quarter
Investment of cash in Trust Account	`PaymentsToAcquireInvestments`	$288.94M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-288.94M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-288.94M	USD	1 Quarter
Proceeds from sale of Units, net of underwriting discounts paid	`ProceedsFromIssuanceInitialPublicOffering`	$281.75M	USD	1 Quarter
Proceeds from sale of Units, net of underwriting discounts paid	`ProceedsFromIssuanceInitialPublicOffering`	$281.75M	USD	1 Quarter
Proceeds from sale of Private Placement Units	`ProceedsFromIssuanceOfPrivatePlacement`	$9.23M	USD	1 Quarter
Proceeds from sale of Private Placement Units	`ProceedsFromIssuanceOfPrivatePlacement`	$9.23M	USD	1 Quarter
Repayment of promissory note related party	`RepaymentsOfRelatedPartyDebt`	$266.07K	USD	1 Quarter
Repayment of promissory note related party	`RepaymentsOfRelatedPartyDebt`	$266.07K	USD	1 Quarter
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$347.15K	USD	1 Quarter
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$347.15K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$290.36M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$290.36M	USD	1 Quarter
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.03M	USD	1 Quarter
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.03M	USD	1 Quarter
Cash Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03M	USD	Point-in-time
Cash Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03M	USD	Point-in-time
Cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03M	USD	Point-in-time
Cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03M	USD	Point-in-time
Offering costs included in accrued offering costs	`OfferingCostsIncludedInAccruedOfferingCosts`	$81.75K	USD	1 Quarter
Offering costs included in accrued offering costs	`OfferingCostsIncludedInAccruedOfferingCosts`	$81.75K	USD	1 Quarter
Deferred offering costs paid through promissory note related party	`DeferredOfferingCostsPaidThroughPromissoryNoteRelatedParty`	$550.00	USD	1 Quarter
Deferred offering costs paid through promissory note related party	`DeferredOfferingCostsPaidThroughPromissoryNoteRelatedParty`	$550.00	USD	1 Quarter
Deferred underwriting fee payable	`DeferredUnderwritingFeePayable`	$10.06M	USD	1 Quarter
Deferred underwriting fee payable	`DeferredUnderwritingFeePayable`	$10.06M	USD	1 Quarter

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Sale of Private Placement Units	`SaleOfStockNumberOfSharesIssuedInTransaction`	922,727.00	shares	1 Quarter
Sale of Private Placement Units	`SaleOfStockNumberOfSharesIssuedInTransaction`	922,727.00	shares	1 Quarter
Balance	`StockholdersEquity`	$-38.21K	USD	Point-in-time
Balance	`StockholdersEquity`	$-38.21K	USD	Point-in-time
Balance	`StockholdersEquity`	$-8.87M	USD	Point-in-time
Balance	`StockholdersEquity`	$-8.87M	USD	Point-in-time
Sale of 922,727 Private Placement Units	`StockIssuedDuringPeriodValueNewIssues`	$9.23M	USD	1 Quarter
Sale of 922,727 Private Placement Units	`StockIssuedDuringPeriodValueNewIssues`	$9.23M	USD	1 Quarter
Fair value of rights included in Public units	`AdjustmentsToAdditionalPaidInCapitalMarkToMarket`	$2.85M	USD	1 Quarter
Fair value of rights included in Public units	`AdjustmentsToAdditionalPaidInCapitalMarkToMarket`	$2.85M	USD	1 Quarter
Allocated value of transaction costs to Class A shares	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$181.58K	USD	1 Quarter
Allocated value of transaction costs to Class A shares	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$181.58K	USD	1 Quarter
Accretion for Class A ordinary shares to redemption amount	`TemporaryEquityAccretionToRedemptionValue`	$22.32M	USD	1 Quarter
Accretion for Class A ordinary shares to redemption amount	`TemporaryEquityAccretionToRedemptionValue`	$22.32M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.60M	USD	1 Quarter
Balance	`StockholdersEquity`	$-38.21K	USD	Point-in-time
Balance	`StockholdersEquity`	$-38.21K	USD	Point-in-time
Balance	`StockholdersEquity`	$-8.87M	USD	Point-in-time
Balance	`StockholdersEquity`	$-8.87M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.