STOCK TITAN

Class 1 warrants of Kensington Capital (NYSE: KCAC) begin separate trading

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Kensington Capital Acquisition Corp. VI is allowing investors to trade the components of its SPAC units separately. Starting April 24, 2026, holders of units from its 23,000,000-unit IPO may elect to trade the Class 1 redeemable warrants on their own.

Each original unit consists of one Class A ordinary share, one-quarter of one Class 1 warrant, and three-quarters of one Class 2 warrant. After separation, the Class 1 warrants will trade on the NYSE under KCAC.W, the new units (one Class A share and three-quarters of one Class 2 warrant) under KCA.U, and any units not separated will continue as KCAC.U.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
IPO units sold 23,000,000 units Initial public offering completed March 5, 2026
Class 1 warrant exercise price $11.50 per share Each Class 1 redeemable warrant exercisable for one Class A share
Original unit composition 1 share + 0.25 Class 1 + 0.75 Class 2 warrant Structure of each KCAC.U unit
New unit composition 1 share + 0.75 Class 2 warrant Structure of each KCA.U new unit after separation
Separate trading start date April 24, 2026 Commencement of separate Class 1 warrant trading
Unit trading symbol KCAC.U NYSE symbol for units not separated
Class 1 warrant symbol KCAC.W NYSE symbol for separated Class 1 redeemable warrants
New unit symbol KCA.U NYSE symbol for new units after separation
Class 1 redeemable warrants financial
"may elect to separately trade the Class 1 redeemable warrants included in the units"
Class 2 redeemable warrant financial
"three-quarters of one Class 2 redeemable warrant will trade on the NYSE"
new units financial
"resulting new units consisting of one Class A ordinary share and three-quarters of one Class 2 redeemable warrant"
initial public offering financial
"holders of the units sold in the Company’s initial public offering of 23,000,000 units"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
blank check company financial
"newly organized blank check company incorporated as a Cayman Islands exempted company"
A blank check company is a publicly listed shell that raises money from investors before naming a specific business to buy or merge with, similar to handing a cashier a signed check and asking them to fill in the payee later. It matters to investors because it offers a faster, often cheaper path for private firms to become public, but carries extra risk since returns depend on the organizers’ ability to find a good deal and on limited information about the future business.
forward-looking statements regulatory
"This press release may include “forward-looking statements” within the meaning of Section 27A"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Units, each consisting of one Class A ordinary share, $0.0001 par value, one-quarter of one Class 1 redeemable warrant and three-quarters of one false 0002102713 0002102713 2026-04-21 2026-04-21 0002102713 kcac:UnitsEachConsistingOfOneClassAOrdinaryShare0.0001ParValueOneQuarterOfOneClass1RedeemableWarrantAndThreeQuartersOfOneClass2RedeemableWarrant2Member 2026-04-21 2026-04-21 0002102713 us-gaap:CapitalUnitClassAMember 2026-04-21 2026-04-21 0002102713 kcac:Class1RedeemableWarrantsEachExercisableForOneClassAOrdinaryShareAtAnExercisePriceOf11.50Member 2026-04-21 2026-04-21 0002102713 kcac:Class2RedeemableWarrantsEachExercisableForOneClassAOrdinaryShareAtAnExercisePriceOf11.50Member 2026-04-21 2026-04-21 0002102713 kcac:NewUnitsEachConsistingOfOneClassAOrdinaryShare0.0001ParValueAndThreeQuartersOfOneClass2RedeemableWarrant1Member 2026-04-21 2026-04-21
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or Section 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 21, 2026

 

 

KENSINGTON CAPITAL ACQUISITION CORP. VI

(Exact name of registrant as specified in its charter)

 

 

 

Cayman Islands   001-43176   98-1901948

(State or other jurisdiction of

incorporation or organization)

 

(Commission

File Number)

  (I.R.S. Employer
Identification Number)

 

1400 Old Country Road, Suite 301

Westbury, New York

  11590
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (703) 674-6514

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Units, each consisting of one Class A ordinary share, $0.0001 par value, one-quarter of one Class 1 redeemable warrant and three-quarters of one Class 2 redeemable warrant   KCAC.U   The New York Stock Exchange
Class A ordinary shares, $0.0001 par value   KCAC   The New York Stock Exchange
Class 1 redeemable warrants, each exercisable for one Class A ordinary share at an exercise price of $11.50   KCAC.W   The New York Stock Exchange
Class 2 redeemable warrants, each exercisable for one Class A ordinary share at an exercise price of $11.50   KCAC.W   The New York Stock Exchange
New units, each consisting of one Class A ordinary share, $0.0001 par value, and three-quarters of one Class 2 redeemable warrant   KCA.U   The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 
 


Item 8.01. Other Events.

On April 21, 2026, Kensington Capital Acquisition Corp. VI (the “Company”) announced that the holders of the Company’s units (the “Units”) may elect to separately trade the Class 1 redeemable warrants included in the Units (the “Class 1 Warrants”) commencing on April 24, 2026. Each Unit consists of one-quarter of one Class 1 Warrant, one Class A ordinary share, par value $0.0001 per share (the “Class A Ordinary Shares”), and three-quarters of one Class 2 redeemable warrant (the “Class 2 Warrants”). No fractional Class 1 Warrants will be issued upon separation of the Units and only whole Class 1 Warrants will trade.

The new units resulting from such separation (each such unit consisting of one Class A Ordinary Share and three-quarters of one Class 2 Warrant, the “New Units”) and the Class 1 Warrants will trade on the NYSE under the symbols “KCA.U” and “KCAC.W,” respectively. Any Units not separated will continue to trade under the symbol “KCAC.U”. Holders of Units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the holders’ Units into Class 1 Warrants and New Units.

A copy of the press release issued by the Company announcing the separate trading of the securities underlying the Units is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

 

(d)    Exhibits.
99.1    Press Release, dated April 21, 2026
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: April 21, 2026

 

KENSINGTON CAPITAL ACQUISITION CORP. VI
By:  

 /s/ Daniel Huber

Name:    Daniel Huber
Title:    Chief Financial Officer

Exhibit 99.1

Kensington Capital Acquisition Corp. VI Announces the Separate Trading of its

Class 1 Warrants and New Units Commencing April 24, 2026

Westbury, NY, April 21, 2026—Kensington Capital Acquisition Corp. VI (NYSE: KCAC.U) (the “Company”) announced that, commencing April 24, 2026, holders of the units sold in the Company’s initial public offering of 23,000,000 units, completed on March 5, 2026, may elect to separately trade the Class 1 redeemable warrants included in the units. Those units not separated will continue to trade on the New York Stock Exchange (the “NYSE”) under the symbol “KCAC.U,” and the Class 1 redeemable warrants that are separated and the resulting new units consisting of one Class A ordinary share and three-quarters of one Class 2 redeemable warrant will trade on the NYSE under the symbols “KCAC.W” and “KCA.U,” respectively. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into Class 1 redeemable warrants and new units. No fractional Class 1 Warrants will be issued upon separation of the Units and only whole Class 1 Warrants will trade.

The units were initially offered by the Company in an underwritten offering. Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, acted as lead book-running manager for the offering, and Drexel Hamilton, LLC acted as co-manager. The registration statement relating to the units and the underlying securities became effective on March 3, 2026.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering was made only by means of a prospectus, copies of which may be obtained by contacting Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, 3 Columbus Circle, 24th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at: capitalmarkets@cohencm.com.

About Kensington Capital Acquisition Corp. VI

The Company is a newly organized blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

For more information, please contact:

Dan Huber

Chief Financial Officer

dan@kensington-cap.com

(703) 674-6514


Forward-Looking Statements

This press release may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the Securities and Exchange Commission (the “SEC”). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus relating to the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

 

2

FAQ

What did Kensington Capital Acquisition Corp. VI (KCAC) announce in this 8-K?

Kensington Capital Acquisition Corp. VI announced that, beginning April 24, 2026, holders of its units may choose to separately trade the Class 1 redeemable warrants included in those units, instead of only trading the bundled units on the New York Stock Exchange.

When can KCAC unit holders start separately trading the Class 1 warrants?

Separate trading of the Class 1 redeemable warrants begins on April 24, 2026. From that date, investors holding units from the March 5, 2026 initial public offering may instruct their brokers to split units into standalone Class 1 warrants and new units.

How are KCAC’s original units and new units structured?

Each original unit consists of one Class A ordinary share, one-quarter of one Class 1 redeemable warrant, and three-quarters of one Class 2 redeemable warrant. After separation, each new unit consists of one Class A ordinary share and three-quarters of one Class 2 redeemable warrant, without any Class 1 warrant.

What NYSE ticker symbols will KCAC’s securities trade under after separation?

Units that remain bundled will continue trading on the NYSE as KCAC.U. Separated Class 1 redeemable warrants will trade under KCAC.W, and the resulting new units, each with one Class A share and three-quarters of one Class 2 warrant, will trade under KCA.U.

How can KCAC investors separate their units into warrants and new units?

Investors who hold KCAC units must have their brokers contact Continental Stock Transfer & Trust Company, the company’s transfer agent. The transfer agent processes the separation, turning each eligible unit into tradable Class 1 redeemable warrants and new units as described.

How many units did KCAC sell in its initial public offering?

Kensington Capital Acquisition Corp. VI sold 23,000,000 units in its initial public offering, completed on March 5, 2026. These IPO units are the securities whose holders may elect to separate out the Class 1 redeemable warrants for individual trading on the NYSE.

Filing Exhibits & Attachments

5 documents