STOCK TITAN

Kensington Capital VI (KCAC) closes $230M SPAC IPO and funds trust

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Kensington Capital Acquisition Corp. VI completed its initial public offering of 23,000,000 units at $10.00 per unit, raising $230,000,000 in gross proceeds. Each unit includes one Class A ordinary share, one-quarter of one Class 1 redeemable warrant and three-quarters of one Class 2 redeemable warrant, each whole warrant exercisable at $11.50 per share.

The company also sold 14,600,000 Private Placement Warrants for $7,300,000 to its sponsor and underwriters. A total of $230,000,000, including $9,200,000 of deferred underwriting discount, was placed in a U.S. trust account to fund a future business combination within 24 months or redeem public shares.

The company appointed a full slate of independent directors, formed audit, compensation, and nominating committees, and adopted amended and restated constitutional documents as it begins searching for a target in automotive, defense, energy and artificial intelligence sectors.

Positive

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Insights

SPAC raises $230M and fully funds trust for future deal.

Kensington Capital Acquisition Corp. VI has now secured $230,000,000 of IPO capital plus $7,300,000 from a private warrant placement. All $230,000,000, including a $9,200,000 deferred underwriting discount, sits in a U.S. trust account earmarked for a future business combination.

The structure follows a typical SPAC model: units combine Class A shares with public warrants exercisable at $11.50. Sponsor and underwriter Private Placement Warrants gain cashless exercise and redemption protections while they remain with those parties, aligning them to complete a transaction.

Investors receive downside protection through the trust and a 24‑month outside date from the IPO closing to complete a deal or redeem public shares. Future value will depend on the quality and pricing of any business combination the company pursues in automotive, defense, energy or artificial intelligence sectors.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 3.02 Unregistered Sales of Equity Securities Securities
The company sold equity securities in a private placement or other unregistered transaction.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
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.

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FAQ

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

Kensington Capital Acquisition Corp. VI completed its initial public offering, selling 23,000,000 units at $10.00 each for $230,000,000 in gross proceeds, and simultaneously closed a $7,300,000 private placement of warrants with its sponsor and underwriters.

How are KCAC’s SPAC units and warrants structured in the IPO?

Each KCAC unit includes one Class A ordinary share, one-quarter of one Class 1 redeemable warrant and three-quarters of one Class 2 redeemable warrant. Each whole warrant allows purchase of one Class A ordinary share at $11.50 per share, subject to adjustment, after separation.

How much IPO and private placement cash did KCAC place in its trust account?

KCAC placed $230,000,000 of net proceeds from the IPO and private placement into a U.S.-based trust account, including $9,200,000 of deferred underwriting discount, to be used for its initial business combination or redemptions of public shares under specified conditions.

What is the deadline for KCAC (KCAC) to complete a business combination?

KCAC must complete its initial business combination within 24 months from the IPO closing. If no transaction occurs by then, the company will redeem all public shares from the trust account, subject to applicable law and its amended and restated memorandum and articles of association.

What sectors does KCAC intend to target for its business combination?

KCAC may pursue a deal in any sector or region but intends to focus on businesses in the global automotive and automotive-related sector and other high-growth areas, including defense, energy and artificial intelligence, leveraging the experience of its management team and directors.

What governance and organizational steps did KCAC disclose with the IPO?

KCAC appointed independent directors, formed audit, compensation, and nominating and corporate governance committees, designated committee chairs, and filed an amended and restated memorandum and articles of association, establishing its governance framework as a newly listed special purpose acquisition company.
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 --12-31 0002102713 2026-03-03 2026-03-03 0002102713 kcac:UnitsEachConsistingOfOneClassAOrdinaryShare0.0001ParValueOneQuarterOfOneClass1RedeemableWarrantAndThreeQuartersOfOneClass2RedeemableWarrantMember 2026-03-03 2026-03-03 0002102713 us-gaap:CapitalUnitClassAMember 2026-03-03 2026-03-03 0002102713 kcac:Class1RedeemableWarrantsEachExercisableForOneClassAOrdinaryShareAtAnExercisePriceOf11.50Member 2026-03-03 2026-03-03 0002102713 kcac:Class2RedeemableWarrantsEachExercisableForOneClassAOrdinaryShareAtAnExercisePriceOf11.50Member 2026-03-03 2026-03-03 0002102713 kcac:NewUnitsEachConsistingOfOneClassAOrdinaryShare0.0001ParValueAndOneClass2RedeemableWarrantMember 2026-03-03 2026-03-03
 
 

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): March 5, 2026 (March 3, 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 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 1.01. Entry into a Material Definitive Agreement.

On March 3, 2026, the Registration Statement on Form S-1 (File No. 333-293233) (the “Registration Statement”) relating to the initial public offering (the “IPO”) of Kensington Capital Acquisition Corp. VI (the “Company”) was declared effective by the U.S. Securities and Exchange Commission. On March 5, 2026, the Company consummated the IPO of 23,000,000 units (the “Units”), which includes the exercise in full of the underwriters’ option to purchase 3,000,000 Units at the IPO offering price to cover over-allotments. Each Unit consists of one Class A ordinary share, $0.0001 par value per share (the “Class A Ordinary Shares”), one-quarter of one Class 1 redeemable warrant (the “Class 1 Warrants”) and three-quarters of one Class 2 redeemable warrant (the “Class 2 Warrants” and together with the Class 1 Warrants, the “Public Warrants”). Each Public Warrant entitles the holder thereof to purchase one Class A Ordinary Share at a price of $11.50 per share, subject to adjustment. The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $230,000,000 (before underwriting discounts and commissions and offering expenses). Further, in connection with the IPO, the Company entered into the following agreements, forms of which were previously filed as exhibits to the Registration Statement:

 

   

an Underwriting Agreement, dated March 3, 2026, by and between the Company and Cohen and Company Capital Markets, a division of Cohen & Company Securities, LLC, as representative of the several underwriters (the “Representative”), which contains customary representations and warranties and indemnification of the underwriters by the Company;

 

   

a Private Placement Warrant Subscription Agreement, dated March 3, 2026, between the Company and Kensington Capital Sponsor VI LLC (the “Sponsor”), pursuant to which the Sponsor purchased 11,533,333 private placement warrants, each exercisable to purchase one Class A Ordinary Share at $11.50 per share, subject to adjustment, at a price of $0.43 per warrant (the “Sponsor Private Placement Warrants”);

 

   

a Private Placement Warrant Subscription Agreement, dated March 3, 2026, between the Company and the underwriters pursuant to which the underwriters purchased an aggregate of 3,066,667 private placement warrants, each exercisable to purchase one Class A Ordinary Share at $11.50 per share, subject to adjustment, at a price of $0.75 per warrant (the “Underwriters Private Placement Warrants” and together with the Sponsor Private Placement Warrants, the “Private Placement Warrants”; the Private Placement Warrants and the Public Warrants, the “Warrants”);

 

   

a Warrant Agreement, dated March 3, 2026, between the Company and Continental Stock Transfer & Trust Company, as warrant agent (the “Warrant Agreement”), which sets forth the expiration and exercise price of and procedure for exercising the Warrants; certain adjustment features of the terms of exercise; provisions relating to redemption and cashless exercise of the Warrants; certain registration rights of the holders of Warrants; provision for amendments to the Warrant Agreement; and indemnification of the warrant agent by the Company under the agreement;

 

   

an Investment Management Trust Agreement, dated March 3, 2026, between the Company and Continental Stock Transfer & Trust Company, as trustee, which establishes the trust account that will hold the net proceeds of the IPO and certain of the proceeds of the sale of the Private Placement Warrants, and sets forth the responsibilities of the trustee; the procedures for withdrawal and direction of funds from the trust account; and indemnification of the trustee by the Company under the agreement;

 

   

a Registration Rights Agreement, dated March 3, 2026, among the Company, the Sponsor and the underwriters, which provides for customary demand and piggy-back registration rights for the Sponsor;

 

   

a Letter Agreement, dated March 3, 2026, by and among the Company, the Sponsor and each of the officers and directors of the Company, pursuant to which the Sponsor and each officer and director of the Company has agreed to vote any Class A Ordinary Shares and Class B ordinary shares of the

 


 

Company held by it, him or her in favor of the Company’s initial business combination; to facilitate the liquidation and winding up of the Company if an initial business combination is not consummated within the required time period; to certain transfer restrictions with respect to the Company’s securities; and to certain indemnification obligations of the Sponsor; and pursuant to which the Company has agreed not to enter into a definitive agreement regarding an initial business combination without the prior consent of the Sponsor;

 

   

Indemnity Agreements, each dated March 3, 2026, between the Company and each of the officers and directors of the Company, pursuant to which the Company has agreed to indemnify each officer and director of the Company against certain claims that may arise in their roles as officers and directors of the Company;

 

   

a Services Agreement, dated March 3, 2026, by and between the Company and Kensington Capital Partners, LLC, pursuant to which Kensington Capital Partners, LLC has agreed to make available, or cause to be made available, to the Company, such administrative and other services of Justin Mirro as may be reasonably requested by the Company, for $20,000 per month, until the earliest of (a) the consummation by the Company of an initial business combination, (b) the Company’s liquidation and (c) the 18-month anniversary of the date the securities of the Company are first listed on the New York Stock Exchange (upon the consummation by the Company of an initial business combination, any portion of the amounts due that have not yet been paid will accelerate); and

 

   

a Services Agreement, dated March 3, 2026, by and between the Company and DEHC LLC, pursuant to which DEHC LLC has agreed to make available, or cause to be made available, to the Company, such administrative and other services of Daniel Huber as may be reasonably requested by the Company, for $20,000 per month, until the earliest of (a) the consummation by the Company of an initial business combination, (b) the Company’s liquidation and (c) the 18-month anniversary of the date the securities of the Company are first listed on the New York Stock Exchange (upon the consummation by the Company of an initial business combination, any portion of the amounts due that have not yet been paid will accelerate).

The above descriptions are qualified in their entirety by reference to the full text of the applicable agreement, each of which is incorporated by reference herein and filed herewith as Exhibits 1.1, 10.1, 10.2, 4.1, 10.3, 10.4, 10.5, 10.10.6, 10.7 and 10.8, respectively.

Item 3.02. Unregistered Sales of Equity Securities.

Simultaneously with the consummation of the IPO and the issuance and sale of the Units, the Company consummated the private placement of 11,533,333 Private Placement Warrants to the Sponsor at a price of $0.43 per Private Placement Warrant and the private placement of an aggregate of 3,066,667 Private Placement Warrants to the underwriters at a price of $0.75 per Private Placement Warrant, generating total proceeds of $7,300,000 in the aggregate (the “Private Placement”). The Private Placement Warrants, which were purchased by the Sponsor and the underwriters, are substantially similar to the Public Warrants, except that if held by the Sponsor or the Representative of their permitted transferees, they (i) may be exercised for cash or on a cashless basis, (ii) are not subject to being called for redemption, (iii) subject to certain limited exceptions, will be subject to transfer restrictions until 30 days following the consummation of the Company’s initial business combination and (iv) will be entitled to registration rights. If the Private Placement Warrants are held by holders other than the Sponsor or the underwriters or their permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by holders on the same basis as the Public Warrants. In addition, the Private Placement Warrants held by the underwriters and/or its permitted transferees, such Private Placement Warrants will not be exercisable more than five years from the commencement of sales in the IPO in accordance with FINRA Rule 5110(g)(8) and the underwriters may not exercise their single demand and unlimited “piggyback” registration rights after five and seven years after the commencement of sales of the IPO. The Private Placement Warrants have been issued pursuant to, and are governed by, the Warrant Agreement.

 


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 3, 2026, in connection with the IPO, William Kassling, Anders Pettersson, Mitchell Quain, Donald L. Runkle, Matthew Simoncini and Dieter Zetsche (the “New Directors” and, collectively with Justin Mirro, the “Directors”) were appointed to the board of directors of the Company (the “Board”). Effective March 3, 2026, (i) Messrs. Quain, Runkle and Simoncini were also appointed to the Board’s Audit Committee, with Mr. Simoncini serving as chair, (ii) Messrs. Pettersson and Kassling were also appointed to the Board’s Compensation Committee, with Mr. Pettersson serving as chair and (iii) Messrs. Quain and Pettersson were also appointed to the Board’s Nominating and Corporate Governance Committee, with Mr. Quain serving as chair.

The Company will reimburse the Directors for reasonable out-of-pocket expenses incurred in connection with fulfilling their roles as directors. Other than the foregoing, none of the Directors are party to any arrangement or understanding with any person pursuant to which they were appointed as directors, nor are they party to any transactions required to be disclosed under Item 404(a) of Regulation S-K involving the Company.

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On March 4, 2026, the Company filed its Amended and Restated Memorandum and Articles of Association. The Amended and Restated Memorandum and Articles of Association is filed herewith as Exhibit 3.1 and is incorporated by reference herein.

Item 8.01. Other Events.

A total of $230,000,000 of the net proceeds from the IPO and the Private Placement (which includes $9,200,000 of the underwriters’ deferred discount) was placed in a U.S.-based trust account with Continental Stock Transfer & Trust Company acting as trustee. Except with respect to interest earned on the funds held in the trust account that may be released to the Company to pay its tax obligations, the funds held in the trust account will not be released from the trust account until the earliest of: (1) the completion of the Company’s initial business combination; (2) the redemption of any public shares properly submitted in connection with a shareholder vote to amend the Company’s Amended and Restated Memorandum and Articles of Association (A) to modify the substance or timing of the Company’s obligation to allow redemption in connection with the Company’s initial business combination or to redeem 100% of the Company’s public shares if the Company does not complete its initial business combination within 24 months from the closing of the IPO or (B) with respect to any other provision relating to shareholders’ rights or pre-initial business combination activities; and (3) the redemption of all of the Company’s public shares if the Company has not completed its initial business combination within 24 months from the closing of the IPO, subject to applicable law.

On March 3, 2026, the Company issued a press release announcing the pricing of the IPO, and on March 5, 2026, the Company issued a press release announcing the closing of the IPO. Copies of such press releases are filed herewith as Exhibits 99.1 and 99.2, respectively, and incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.

 

(d)

Exhibits.

 

1.1    Underwriting Agreement by and between the Company and Cohen and Company Capital Markets, a division of Cohen & Company Securities, LLC, as representative of the several underwriters
3.1    Amended and Restated Memorandum and Articles of Association
4.1    Warrant Agreement between Continental Stock Transfer & Trust Company and the Company
10.1    Private Placement Warrant Subscription Agreement between the Company and Kensington Capital Sponsor VI LLC
10.2    Private Placement Warrant Subscription Agreement between the Company and the underwriters

 


10.3    Investment Management Trust Account Agreement between Continental Stock Transfer & Trust Company and the Company
10.4    Registration Rights Agreement between the Company and Kensington Capital Sponsor IV LLC
10.5    Letter Agreement among the Company, Kensington Capital Sponsor IV LLC and each of the officers and directors of the Company
10.6    Form of Indemnity Agreement between the Company and each of the officers and directors of the Company
10.7    Services Agreement between the Company and Kensington Capital Partners, LLC
10.8    Services Agreement between the Company and DEHC LLC
99.1    Press release, dated March 3, 2026
99.2    Press release, dated March 5, 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: March 5, 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 Pricing of

$200 Million Initial Public Offering

Westbury, NY, March 3, 2026 — Kensington Capital Acquisition Corp. VI (the “Company”), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit on March 3, 2026. The units are expected to be listed for trading on the New York Stock Exchange under the ticker symbol “KCAC.U” beginning March 4, 2026. Each 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. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment. The Class 1 redeemable warrants and new units (each of which consists of one Class A ordinary share and three-quarters of one Class 2 redeemable warrant) have been approved for listing under the symbols “KCAC.W” and “KCA.U,” respectively, once the Class 1 redeemable warrants begin separate trading. The offering is expected to close on March 5, 2026, subject to customary closing conditions.

While the Company may pursue an initial business combination in any business, industry or geographic location, it currently intends to focus on opportunities that capitalize on the expertise and ability of its management team, particularly its executive officers, to identify, acquire and operate a business in the global automotive and automotive-related sector, as well as other high-growth sectors, including defense, energy and artificial intelligence. The Company is led by Chairman and Chief Executive Officer, Justin Mirro, Vice Chairman and President, Dieter Zetsche, Chief Operating Officer, Robert Remenar, Chief Technology Officer, Simon Boag and Chief Financial Officer, Daniel Huber. The Company’s independent directors include William Kassling, Anders Pettersson, Mitchell Quain, Donald Runkle and Matthew Simoncini.

Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, is acting as lead book-running manager, and Drexel Hamilton, LLC is acting as co-manager. The Company has granted the underwriters a 45-day option to purchase up to 3,000,000 additional units at the initial public offering price to cover over-allotments, if any.

The public offering is being made only by means of a prospectus. When available, copies of the prospectus relating to the offering may be obtained from Cohen & Company Capital Markets, 3 Columbus Circle, 24th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at: capitalmarkets@cohencm.com.

A registration statement relating to the 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, 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.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds from the offering. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the Company will ultimately complete a business combination transaction. 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 preliminary prospectus for the Company’s offering filed with the U.S. Securities and Exchange Commission (the “SEC”). Copies of these documents are available on the SEC’s website, at www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact

Daniel Huber

Chief Financial Officer

dan@kensington-cap.com

(703) 674-6514

SOURCE Kensington Capital Acquisition Corp. VI

Exhibit 99.2

Kensington Capital Acquisition Corp. VI

Announces Closing of $230,000,000 Initial Public Offering

Westbury, NY, March 5, 2026 — Kensington Capital Acquisition Corp. VI (the “Company”) today announced that it has closed its initial public offering of 23,000,000 units, including 3,000,000 units issued pursuant to the full exercise of the underwriters’ over-allotment option, at a price of $10.00 per unit. The Company is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Although the Company may pursue an initial business combination in any business, industry or geographic location, it currently intends to focus on opportunities that capitalize on the expertise and ability of its management team, particularly its executive officers, to identify, acquire and operate a business in the global automotive and automotive-related sector, as well as other high-growth sectors, including defense, energy and artificial intelligence. The Company is led by Chairman and Chief Executive Officer, Justin Mirro, Vice Chairman and President, Dieter Zetsche, Chief Operating Officer, Robert Remenar, Chief Technology Officer, Simon Boag and Chief Financial Officer, Daniel Huber. The Company’s independent directors include William Kassling, Anders Pettersson, Mitchell Quain, Donald Runkle and Matthew Simoncini.

The units are listed on the New York Stock Exchange and began trading under the ticker symbol “KCAC.U” on March 4, 2026. Each 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. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment. The Class 1 redeemable warrants and new units (each of which consists of one Class A ordinary share and three-quarters of one Class 2 redeemable warrant) have been approved for listing under the symbols “KCAC.W” and “KCA.U,” respectively, once the Class 1 redeemable warrants begin separate trading.

Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC acted as the lead book-running manager for the offering and Drexel Hamilton, LLC acted as co-manager.

The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from 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.

A registration statement relating to the securities became effective on March 3, 2026 in accordance with the Securities Act of 1933, as amended. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, 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.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the anticipated use of the net proceeds from the initial public offering. No


assurance can be given that the offering discussed above will be completed on the terms or timeline described, or at all, or that the net proceeds of the offering will be used as indicated. 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 statements and preliminary prospectus for the Company’s offering filed with the Securities and Exchange Commission (“SEC”). Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact:

Daniel Huber

Chief Financial Officer

dan@kensington-cap.com

(703) 674-6514

SOURCE Kensington Capital Acquisition Corp. VI

 

2

Filing Exhibits & Attachments

17 documents