K&F Growth SPAC Falls Below Nasdaq's Minimum 400-Holder Threshold
Listing Compliance
Company Background
K&F Growth Acquisition Corp. II is a special purpose acquisition company whose Class A ordinary shares trade on the Nasdaq Global Market under the ticker KFII. With an approximate market capitalization of $418 million, it sits in the larger tier of blank-check vehicles still searching for a business combination. The company's disclosed event history contains a single entry: the compliance notice described below.
SPACs are structurally dependent on maintaining a viable shareholder base. Holders who elect to redeem their shares ahead of a vote or a deadline shrink the pool of registered holders, and the 400-holder threshold is one of several Nasdaq requirements that can become difficult to satisfy when a SPAC's investor base has thinned.
What Was Disclosed
Nasdaq notified the company that its total holder count has fallen below 400, the minimum required under Listing Rule 5450(a)(2) for continued listing on the Nasdaq Global Market. The notice is dated August 19, 2026. The filing is explicit that the notice does not constitute a finding of imminent delisting and has no immediate effect on trading; KFII's Class A ordinary shares continue to trade under the symbol "KFII."