other material
confidence high
sentiment neutral
materiality 0.75
Kensington Capital Acquisition VI closes $230M IPO and private placements
Kensington Capital Acquisition Corp. VI
- IPO of 23,000,000 units at $10.00 each, including full over-allotment exercise, gross proceeds $230,000,000.
- 11,533,333 private warrants sold to sponsor at $0.43/warrant; 3,066,667 to underwriters at $0.75/warrant.
- Net proceeds of $230,000,000 deposited in trust account; available for initial business combination.
- Company has 24 months from March 5, 2026 to complete a business combination or will redeem public shares.
- Balance sheet shows $230M in trust, $14M accumulated deficit, and $2.3M cash outside trust.