{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-223882","form_type":"8-K","ticker":null,"cik":"0001865407","company_name":"Kensington Capital Acquisition Corp. V","filed_at":"2023-08-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.904369+00:00","generated_at":"2026-06-11T02:33:45.207961+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Kensington Capital Acquisition V secures up to $950K working capital loan; extends CFO services agreement","bullets":["Sponsor loans up to $950,250 via non-interest promissory note due upon business combination, Aug 17, 2024, or liquidation.","Loan may convert into warrants at $0.75 each, identical to private placement warrants exercisable at $11.50 per share.","Services agreement with DEHC LLC (CFO Daniel Huber) extended to Aug 17, 2024 at $20,000/month, max $240,000."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-223882","json":"https://secwatch.observer/filing/0001193125-23-223882.json","markdown":"https://secwatch.observer/filing/0001193125-23-223882.md","text":"https://secwatch.observer/filing/0001193125-23-223882.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1865407/000119312523223882/0001193125-23-223882-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1865407/000119312523223882/d503230d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T02:33:45.207961+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2af3503304430c82e78836f76baaf66bfc651f98","claim":"Kensington Capital Acquisition Corp. V incurred loan of up to $950,250 with Kensington Capital Sponsor V LLC at non-interest bearing maturing earlier of: (i) the consummation of the Company’s initial business combination unless converted into working capital warrants at the option of the Sponsor, at a.","evidence_excerpt":"On August 29, 2023, Kensington Capital Sponsor V LLC (the “Sponsor”) agreed to loan Kensington Capital Acquisition Corp. V, a Cayman Islands exempted company incorporated with limited liability (the “Company”), an aggregate of up to $950,250 to cover expenses related to the Company’s initial business combination (the “Business Combination”) pursuant to a promissory note (the “Working Capital Note”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1865407/000119312523223882/0001193125-23-223882-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"up to $950,250"},{"label":"Counterparty","value":"Kensington Capital Sponsor V LLC"},{"label":"Rate","value":"non-interest bearing"},{"label":"Maturity","value":"earlier of: (i) the consummation of the Company’s initial business combination unless converted into working capital warrants at the option of the Sponsor, at a"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}