K2 Capital amends insider lock-up: founder shares 6mo/$12 trigger, private placement cut to 30 days

K2 Capital Acquisition Corp

Amendment No. 1 dated Aug 26, 2026 modifies Insider Letter lock-up terms.
Founder shares transferable after earlier of 6 months post-business combination or $12.00 closing price for 20 trading days in 30-day period starting 150 days post-combination.
Private placement units lock-up reduced from 180 days to 30 days after business combination.
Applies to K2 Capital Sponsor LLC and insider signatories; no other changes to letter.

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