WESTBURY, N.Y., July 28, 2023 /PRNewswire/ -- Kensington Capital Acquisition Corp. V (NYSE:KCGI) (the "Company") announced that on July 28, 2023 it filed a definitive proxy statement (the "Definitive Proxy Statement") for the solicitation of proxies in connection with an extraordinary general meeting (the "Extraordinary General Meeting") of the Company's shareholders to be held on August 15, 2023 to consider and vote on, among other proposals, an amendment to the Company's Amended and Restated Memorandum and Articles of Association, to extend the date by which the Company must consummate a business combination from August 17, 2023 to August 17, 2024 (such proposal, the "Extension Amendment P