David's Bridal to Spin Off Pearl Platform via Merger with K&F Growth Acquisition Corp. II

Key Facts

1David's Bridal announced a plan to separate its Pearl digital platform into an independent company.

2The Pearl platform has signed a letter of intent for a business combination with the SPAC K&F Growth Acquisition Corp. II.

David's Bridal announced a plan to separate its Pearl digital platform into an independent company. Benzinga reported that the Pearl platform has signed a letter of intent for a business combination with the SPAC K&F Growth Acquisition Corp. II, facilitating a path for the platform to go public.

The separation aims to establish Pearl as an independent entity to pursue growth through a public listing. Shares of K&F Growth Acquisition Corp. II, trading under the ticker KFII, closed at $10.71 on October 21, 2026.