{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-311388","form_type":"8-K","ticker":"KCAC-UN","cik":"0002102713","company_name":"Kensington Capital Acquisition Corp. VI","filed_at":"2026-07-22T12:44:51+00:00","discovered_at":"2026-07-22T12:50:01.316931+00:00","generated_at":"2026-07-22T12:50:29.821038+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Kensington Capital SPAC to merge with Nth Cycle in de-SPAC deal; target Q4 2026 close","bullets":["Kensington Capital Acquisition Corp. VI (KCAC) enters Business Combination Agreement with Nth Cycle, Inc., a battery recycling company.","Merger consideration includes up to 20M earnout shares: 10M at $15.00 stock price for 20/30 days, 10M upon mechanical completion of first major black mass refinery.","Closing requires at least $75M cash from trust and PIPE; expected in Q4 2026 subject to shareholder approvals and regulatory conditions.","Post-closing, combined company to be named Nth Cycle Holdings, Inc., trading on NYSE under symbol NTH.","Sponsor agrees to vote in favor, waive anti-dilution rights, and lock up shares until closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-311388","json":"https://secwatch.observer/filing/0001193125-26-311388.json","markdown":"https://secwatch.observer/filing/0001193125-26-311388.md","text":"https://secwatch.observer/filing/0001193125-26-311388.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2102713/000119312526311388/0001193125-26-311388-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2102713/000119312526311388/d140185d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-22T12:50:29.821038+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}