K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) Posts Earnings Results

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) issued its quarterly earnings results on Friday. The company reported $0.07 EPS for the quarter, FiscalAI reports.

K&F GROWTH ACQUISITION CORP. II Stock Performance

NASDAQ KFII remained flat at $10.43 during trading hours on Friday. The company had a trading volume of 125,100 shares, compared to its average volume of 93,921. K&F GROWTH ACQUISITION CORP. II has a 52-week low of $9.95 and a 52-week high of $10.50. The business’s fifty day moving average is $10.40 and its 200 day moving average is $10.32.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of K&F GROWTH ACQUISITION CORP. II in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, K&F GROWTH ACQUISITION CORP. II presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On K&F GROWTH ACQUISITION CORP. II

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new position in shares of K&F GROWTH ACQUISITION CORP. II in the 2nd quarter worth about $20,360,000. Sculptor Capital LP acquired a new position in K&F GROWTH ACQUISITION CORP. II in the second quarter valued at approximately $10,180,000. Wolverine Asset Management LLC boosted its stake in K&F GROWTH ACQUISITION CORP. II by 188.3% in the third quarter. Wolverine Asset Management LLC now owns 1,189,395 shares of the company’s stock valued at $12,150,000 after acquiring an additional 776,860 shares during the period. Moore Capital Management LP acquired a new stake in shares of K&F GROWTH ACQUISITION CORP. II during the 2nd quarter worth approximately $5,090,000. Finally, Berkley W R Corp boosted its position in K&F GROWTH ACQUISITION CORP. II by 63.7% during the 2nd quarter. Berkley W R Corp now owns 975,455 shares of the company’s stock valued at $9,930,000 after purchasing an additional 379,695 shares during the period.

K&F GROWTH ACQUISITION CORP. II Company Profile

K&F Growth Acquisition Corp. II is a Delaware-incorporated special purpose acquisition company (SPAC) that completed its initial public offering in late 2021. As a blank-check vehicle, the company was formed for the purpose of identifying and consummating a business combination with one or more operating businesses, thereby taking a target company public. It holds the proceeds of its IPO in a trust account pending the completion of a merger, share exchange, asset acquisition, stock purchase, recapitalization or similar business combination.

The sponsor of K&F Growth Acquisition Corp.