David's Bridal Announces Planned Separation of Pearl and Proposed Business Combination with K&F Growth Acquisition Corp. II

David's Bridal is separating its Pearl digital wedding planning platform into an independent entity and has signed a letter of intent for a proposed business combination with K&F Growth Acquisition Corp. II (stock ticker: KFII). This transaction aims to transition Pearl into a standalone public company. Further details regarding the structure and terms of the proposed combination will be disclosed as the parties move toward a definitive agreement.