Update 2/07/2024: 

Updated the original design after a user reported the OEM piece was cutting into the cables going into the toolhead. I added some fillets to hopefully lessen the impact on the cables. 

Created a replacement piece that connects the drag chain to the tool head to raise it by a few mm. This works really well in conjunction with the existing cable chain fix that connects at the rear of the K1 Max. This should also work for K1, thought I am not 100% certain. I printed in PETG using supports and probably could have done a better job, but it works and the drag chain has stopped making contact with the rails. It uses the existing screw so no additional items are needed. 

It was a snug fit, so I had to trim down the little pins that connect to the drag chain. It's also pretty snug on the tool head itself, but hasn't seem to cause any issues so I left it as is. The original piece was pretty loose on my unit which I believe added to the drag chain sagging. Feel free to update it as you like.