Mangrove Partners IM LLC Raises Stake in K&F GROWTH ACQUISITION CORP. II $KFII

Mangrove Partners IM LLC boosted its stake in shares of K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) by 134.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 450,000 shares of the company’s stock after buying an additional 258,320 shares during the quarter. Mangrove Partners IM LLC’s holdings in K&F GROWTH ACQUISITION CORP. II were worth $4,597,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Radcliffe Capital Management L.P. bought a new stake in K&F GROWTH ACQUISITION CORP. II in the second quarter worth about $3,556,000. Moore Capital Management LP bought a new position in shares of K&F GROWTH ACQUISITION CORP. II during the 2nd quarter valued at approximately $5,090,000. Berkley W R Corp increased its stake in shares of 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 worth $9,930,000 after purchasing an additional 379,695 shares during the last quarter. Sculptor Capital LP purchased a new stake in shares of K&F GROWTH ACQUISITION CORP. II during the 2nd quarter worth approximately $10,180,000. Finally, Karpus Management Inc. raised its holdings in shares of K&F GROWTH ACQUISITION CORP. II by 0.5% in the 2nd quarter. Karpus Management Inc. now owns 1,185,425 shares of the company’s stock worth $12,068,000 after purchasing an additional 5,775 shares during the period.

K&F GROWTH ACQUISITION CORP. II Stock Performance

Shares of NASDAQ KFII opened at $10.41 on Friday. The stock’s 50-day simple moving average is $10.38 and its two-hundred day simple moving average is $10.30. K&F GROWTH ACQUISITION CORP. II has a twelve month low of $9.91 and a twelve month high of $10.50.

Analyst Upgrades and Downgrades

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

About K&F GROWTH ACQUISITION CORP. II

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.