Pearl by David’s Signs Letter of Intent for Reverse Merger with K&F Growth Acquisition Corp. II

Pearl by David’s has signed a non-binding letter of intent to acquire K&F Growth Acquisition Corp. II (NasdaqCM:KFII) in a reverse merger transaction. Following the proposed business combination, Kelly Cook, current CEO of David’s Bridal, is expected to become CEO of Pearl, and Elina Vilk, President and Chief Business Officer of David’s Bridal, is expected to be President of Pearl. The transaction is subject to due diligence, definitive agreement negotiation, and regulatory and shareholder approvals, with an expected completion in the first half of 2027.