K&F Growth Acquisition II signs USD 600,000 interest-free promissory notes with Fetters, King
Bitget2026/09/21 23:34- K&F Growth Acquisition Corp. II issued $600,000 of unsecured promissory notes on Sept. 18, 2026.
- Notes were issued to Daniel Fetters and Edward King, with $300,000 principal each; proceeds earmarked for working capital.
- Notes bear no interest; mature at the earlier of the initial business combination or liquidation.
- Payees can convert up to the full principal into units before a business combination, subject to conditions.
- Default triggers if unpaid within one business day of maturity; repayment tied to funds outside the IPO trust if no deal closes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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