CION Investment’s Portfolio Company Plans Pearl SPAC Combination at $350 Million Valuation
David's Bridal's AI-powered wedding platform, Pearl, plans to merge with K&F Growth Acquisition Corp. II, aiming for a $350M valuation. The deal includes a $75M PIPE, with CION investing $25M. Pearl forecasts 30%+ EBITDA margins and $85M+ revenue by 2027. The transaction is expected to close in H1 2027, pending approvals.


