---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-340529"
form_type: "8-K"
ticker: "KCAC-UN"
cik: "0002102713"
company_name: "Kensington Capital Acquisition Corp. VI"
filed_at: "2026-08-07T21:25:50+00:00"
generated_at: "2026-08-07T21:26:20.110813+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kensington and Nth Cycle file draft S-4 for $585M EV business combination

## Summary
- Confidential S-4 submitted Aug 7, 2026 for Nth Cycle merger; combined co to be Nth Cycle Holdings, ticker NTH.
- Implied enterprise value $585M; up to $230M from Kensington trust plus up to $100M PIPE, $40M committed.
- Nth Cycle's OYSTER electroextraction platform targets rare earths, copper, battery materials; aims to cut capital intensity ~70%.
- Deal requires Kensington shareholder approval and SEC review; closing subject to customary conditions.

## SEC filing metadata
- accession: 0001193125-26-340529
- form_type: 8-K
- ticker: KCAC-UN
- cik: 0002102713
- company_name: Kensington Capital Acquisition Corp. VI
- filed_at: 2026-08-07T21:25:50+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2102713/000119312526340529/0001193125-26-340529-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2102713/000119312526340529/d155209d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-340529
- JSON: https://secwatch.observer/filing/0001193125-26-340529.json
- Plain text: https://secwatch.observer/filing/0001193125-26-340529.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.