K2 Capital Acquisition Corp. (Ticker: KIIU US) is a Cayman Islands-incorporated SPAC formed to effect a merger, share exchange, asset acquisition, or similar business combination. The blank check company intends to actively pursue opportunities in the emerging fields of humanoid robotics and physical artificial intelligence ("Physical AI"), sectors bridging advanced robotics, machine learning, and biomechanical engineering. Additionally, K2 Capital plans to target the advanced energy sector, specifically focusing on small modular nuclear reactors (SMRs) and related technologies to support decarbonization and energy transition.

K2 Capital plans to list on the NASDAQ on December 30, 2025. The company is offering 10 million units at a price of $10.00 per unit, aiming to raise $100 million. Each unit consists of one Class A ordinary share and one right to receive one-eighth of an ordinary share upon the consummation of an initial business combination. At the offer price, the company commands a market capitalization of approximately $151.67 million. D. Boral Capital is acting as the manager for the offering. Proceeds from the IPO will reportedly be held in trust to fund the search for and completion of a target acquisition.