Aristeia Capital, L.L.C. Acquires 7.08% Stake in K2 Capital Acquisition Corp. (KII)

On May 14, 2026, Aristeia Capital, L.L.C. filed a Schedule 13G with the SEC, reporting a new 7.08% stake in K2 Capital Acquisition Corp. (KII). The investment adviser disclosed beneficial ownership of 1,000,000 Class A ordinary shares, which are included as part of the units issued by the company. The filing indicates that Aristeia Capital holds sole voting and dispositive power over all 1,000,000 shares. This ownership percentage is based on 14,126,875 shares outstanding as of March 24, 2026, as previously reported in the issuer's Form 10-K. The shares were acquired in the ordinary course of business, and the filing includes a certification that the acquisition was not intended to influence or change the control of the issuer. Aristeia Capital, L.L.C. is a Delaware-based investment adviser operating out of Greenwich, Connecticut. This initial filing marks a significant new position for the firm in the special purpose acquisition company (SPAC).