Kensington Capital VI (NYSE: KCA) director details rights in converting founder shares

Rhea-AI Filing Summary

Kensington Capital Acquisition Corp. VI director William E. Kassling reports an indirect pecuniary interest in Class B ordinary shares through membership interests in Kensington Capital Sponsor VI LLC, while having no voting or dispositive control. These Class B shares automatically convert into Class A shares on a one-for-one basis upon the initial business combination or earlier at the holder’s option and have no expiration date.

Key Figures

Par value per share: $0.0001 Conversion ratio: 1-for-1

2 metrics

Par value per share $0.0001 Par value of the issuer's Class B and Class A ordinary shares

Conversion ratio 1-for-1 Class B ordinary shares convert into Class A ordinary shares on a one-for-one basis

Key Terms

pecuniary interest, voting or dispositive control, initial business combination, anti-dilution rights, +1 more

5 terms

pecuniary interest financial

"The reporting person has an indirect pecuniary interest in the issuer's Class B ordinary shares"

voting or dispositive control financial

"over which the reporting person does not have voting or dispositive control"

initial business combination financial

"convert into Class A ordinary shares ... at the time of the issuer's initial business combination"

An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.

anti-dilution rights financial

"subject to adjustment ... and certain anti-dilution rights and have no expiration date"

share capitalizations financial

"subject to adjustment for share sub-divisions, share capitalizations, reorganizations, recapitalizations"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does William E. Kassling report in his Form 3 for KCA?

William E. Kassling reports an indirect pecuniary interest in Class B ordinary shares of Kensington Capital Acquisition Corp. VI through Kensington Capital Sponsor VI LLC, while he has no voting or dispositive control over those shares under the described ownership structure.

How does William E. Kassling hold his interest in KCA shares?

His interest is held indirectly via membership interests in Kensington Capital Sponsor VI LLC. The remarks state he has an indirect pecuniary interest in the issuer’s Class B ordinary shares but does not control voting or disposition of those shares.

What happens to KCA Class B ordinary shares at the initial business combination?

The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the issuer’s initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustment provisions and anti-dilution rights.

Do the KCA Class B founder shares reported have an expiration date?

No. The remarks explain that the Class B ordinary shares, which automatically convert into Class A ordinary shares on a one-for-one basis, have no expiration date, meaning they remain outstanding subject to conversion and the specified adjustment and anti-dilution provisions.

What is the par value of KCA’s Class B and Class A ordinary shares?

Both the Class B and Class A ordinary shares referenced carry a par value of $0.0001 per share. This nominal value is stated for each class in the description of the securities associated with the reported indirect pecuniary interest and conversion features.

Are there anti-dilution protections on KCA’s Class B founder shares?

Yes. The Class B ordinary shares convert into Class A on a one-for-one basis, subject to adjustments for share sub-divisions, share capitalizations, reorganizations, recapitalizations and similar events, as well as certain anti-dilution rights described in the referenced registration statement.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

KASSLING WILLIAM E

(Last) (First) (Middle)

1400 OLD COUNTRY ROAD,

SUITE 301

(Street)

WESTBURY NEW YORK 11590

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/03/2026

3. Issuer Name and Ticker or Trading Symbol
Kensington Capital Acquisition Corp. VI [ KCAC ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

The reporting person has an indirect pecuniary interest in the issuer's Class B ordinary shares, par value $0.0001 per share, through his membership interests in Kensington Capital Sponsor VI LLC, over which the reporting person does not have voting or dispositive control. As described in the issuer's registration statement on Form S-1 (File No. 333-293233) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. Exhibit 24 Power of Attorney

No securities are beneficially owned.

	/s/ Justin Mirro attorney-in-fact for William Kassling	07/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)