STOCK TITAN

Kensington Capital (KCA): Aristeia reports 5.65% stake in Units

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Kensington Capital Acquisition Corp. VI disclosed that Aristeia Capital, L.L.C. beneficially owned 1,300,160 Units, representing 5.65% of the Company's outstanding shares. The filing states the percentage was calculated using 23,000,000 shares outstanding as of March 5, 2026.

The Units are described as one Class A ordinary share, one-quarter of one Class 1 redeemable warrant and three-quarters of one Class 2 redeemable warrant. The filing is a Schedule 13G ownership disclosure signed by Andrew B. David on May 14, 2026.

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Insights

Aristeia reports a non-controlling ~5.65% stake in Kensington Capital VI.

The filing documents that Aristeia Capital, L.L.C. beneficially owns 1,300,160 Units, calculated against 23,000,000 shares outstanding as of March 5, 2026. The Units package includes equity and fractional warrants.

Voting and dispositive power are reported as sole for the stated Units. Subsequent filings may disclose changes in position or intentions regarding the holdings.

This Schedule 13G is a standard beneficial-ownership disclosure, not an activist filing.

The report lists sole voting and dispositive power over 1,300,160 Units and repeats the percent calculation methodology. It does not state any plan to change control or propose corporate actions.

Stake size (5.65%) is below common control thresholds; governance impact depends on future disclosures or aggregate holder actions.

Beneficial ownership 1,300,160 Units as reported in Schedule 13G signed May 14, 2026
Percent of class 5.65% calculated using 23,000,000 shares outstanding as of March 5, 2026
Shares outstanding used 23,000,000 shares as of March 5, 2026 (cited from issuer 8-K filed March 13, 2026)
CUSIP G5235S123 Unit class CUSIP listed in filing
Unit financial
"Unit, each consisting of one Class A ordinary share, $0.0001 par value"
A unit is a single, indivisible investment instrument sold and traded as one package, often made up of two or more pieces such as a share combined with a warrant or a debt piece. Thinking of it like a combo meal at a restaurant helps: you buy one item that includes separate parts, and each part affects what you own, how you can sell it, and the potential future value or dilution for investors.
Class 1 redeemable warrant financial
"one-quarter of one Class 1 redeemable warrant"
Schedule 13G regulatory
"Item 1. (a) Name of issuer: KENSINGTON CAPITAL ACQUISITION CORP."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficially owned regulatory
"Amount beneficially owned: 1,300,160 The Reporting Person may be deemed the beneficial owner"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

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

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FAQ

What stake does Aristeia Capital hold in Kensington Capital Acquisition Corp. VI (KCA)?

Aristeia Capital beneficially owns 1,300,160 Units, equal to 5.65% of the company. The percentage was calculated using 23,000,000 shares outstanding as of March 5, 2026 per the filing.

How are the reported Units structured in the KCA Schedule 13G?

Each Unit consists of one Class A ordinary share and fractional warrants. Specifically, the Unit includes one Class A share, one-quarter of a Class 1 redeemable warrant and three-quarters of a Class 2 redeemable warrant.

Does the Schedule 13G indicate Aristeia has voting control over its holdings?

Yes. The filing reports sole voting power and sole dispositive power over 1,300,160 Units, with no shared voting or dispositive power listed in the disclosure.

When was the ownership reported and who signed the filing for Aristeia?

The Schedule 13G was signed on May 14, 2026 by Andrew B. David, Chief Operating Officer of Aristeia Capital, L.L.C., as shown in the filing signature block.

How was the 5.65% ownership percentage calculated in the filing?

The percentage equals 1,300,160 divided by 23,000,000 shares outstanding. The filing states the outstanding share count was as of March 5, 2026 and cites the issuer's 8-K filed March 13, 2026.





G5235S123

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



Aristeia Capital, L.L.C.
Signature:/s/ Andrew B. David
Name/Title:Andrew B. David / Chief Operating Officer, Aristeia Capital, L.L.C.
Date:05/14/2026