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Corporate ActionApr 21, 2026, 05:02 PM

Kensington Capital VI to Allow Separate Trading of Warrants

AI Summary

Kensington Capital Acquisition Corp. VI announced that holders of its units may elect to separately trade the Class 1 redeemable warrants starting April 24, 2026. Each original unit consists of a Class A ordinary share, one-quarter of a Class 1 warrant, and three-quarters of a Class 2 warrant. Upon separation, the Class 1 warrants will trade under "KCAC.W" and the remaining "New Units" (Class A share and Class 2 warrants) will trade under "KCA.U". Unseparated units will continue to trade as "KCAC.U", and holders need to contact their brokers to facilitate the separation.

Key Highlights

  • Separate trading of Class 1 redeemable warrants begins April 24, 2026.
  • Class 1 warrants will trade on NYSE under symbol "KCAC.W".
  • New Units (Class A share and Class 2 warrants) will trade as "KCA.U".
  • Original units (KCAC.U) will continue to trade if not separated.
  • Unit holders must contact brokers to separate units.