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Kensington Capital Acquisition Corp. VI Announces Closing of $230,000,000 Initial Public Offering

On March 5, 2026, Kensington Capital Acquisition Corp. VI closed an initial public offering of 23,000,000 units, including 3,000,000 from the over-allotment, at $10.00 per unit, raising $23,000,000.
The Company is a blank check vehicle formed to effect mergers and intends to focus on the global automotive sector, defense, energy, and artificial intelligence, the Company said.
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 is exercisable at $11.50 per share.
The units began trading on the New York Stock Exchange under the ticker symbol "KCAC.U" on March 4, 2026, with Cohen & Company Capital Markets as lead book-running manager and Drexel Hamilton as co-manager.
The press release contains "forward-looking statements" about the anticipated use of net proceeds, but the Company warned there is no assurance the offering will complete as described; registration statements and preliminary prospectus are available on the SEC website.

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Kensington Capital Acquisition Corp. VI Announces Closing of $230,000,000 Initial Public Offering

WESTBURY, N.Y., March 5, 2026 /PRNewswire/ -- 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…

18 days ago

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