K&F Growth Acquisition II ^{Filed Terms, Nasdaq: KFIIU}

We are a blank check company. We intend to focus on identifying a business combination target within the experiential entertainment industry across both location-based (in-person) and mobile channels. Select sectors that we intend to target span live events, integrated resorts, family entertainment, casinos, destination hospitality, amusement parks, dining, sports performance venues (e.g., training and recreation facilities), and mobile gaming. We intend to pursue both consumer-facing operators as well as the business-to-business platforms that support them. We intend to predominantly focus on targets within the U.S.; however, our search may expand to international markets. Experiential entertainment has become a prime pursuit of American consumers. Companies able to create unique or memorable experiences that foster communal connections through shared values have captured an increasing share of consumers’ entertainment time and budgets. In turn, the industry has become one of the most important drivers of the U.S. economy, led to the dynamic creation of new concepts, companies, and distribution channels, and attracted significant private growth capital. According to the Bureau of Economic Analysis, it is estimated that in excess of $1 trillion was spent on entertainment in the United States in 2023, approximately five times that which was spent in 1990.