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    SEC Form 8-K filed by Kensington Capital Acquisition Corp. V

    8/1/24 4:20:02 PM ET
    $KCGI
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    8-K
    false 0001865407 0001865407 2024-08-01 2024-08-01 0001865407 us-gaap:CapitalUnitsMember 2024-08-01 2024-08-01 0001865407 us-gaap:CommonClassAMember 2024-08-01 2024-08-01 0001865407 us-gaap:WarrantMember 2024-08-01 2024-08-01

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    FORM 8-K

     

     

    CURRENT REPORT

    Pursuant to Section 13 or Section 15(d)

    of the Securities Exchange Act of 1934

    Date of report (Date of earliest event reported): August 1, 2024

     

     

    KENSINGTON CAPITAL ACQUISITION CORP. V

    (Exact name of registrant as specified in charter)

     

     

     

    Cayman Islands   001-40741   98-1592043

    (State or other jurisdiction

    of incorporation)

     

    (Commission

    File Number)

     

    (I.R.S. Employer

    Identification Number)

     

    1400 Old Country Road, Suite 301

    Westbury, New York

      11590
    (Address of principal executive offices)   (Zip code)

    (703) 674-6514

    (Registrant’s telephone number, including area code)

    Not Applicable

    (Former name or former address, if changed since last report)

     

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class

     

    Trading

    Symbol(s)

     

    Name of each exchange

    on which registered

    Units, each consisting of one Class A ordinary share, $0.0001 par value, and three-fourths of one redeemable warrant   KCGI.U   The New York Stock Exchange
    Class A ordinary shares included as part of the units   KCGI   The New York Stock Exchange
    Redeemable warrants included as part of the units, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50   KCGI WS   The New York Stock Exchange

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2).

    Emerging growth company ☒

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     


    Item 8.01.

    Other Events.

    On August 1, 2024, Kensington Capital Acquisition Corp. V (the “Company”) issued a press release announcing it will not complete a business combination and will redeem all of its outstanding Class A ordinary shares. The redemption is expected to occur on August 19, 2024. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

     

    Item 9.01.

    Financial Statements and Exhibits.

     

    (d)

    Exhibits

     

    Exhibit No.   

    Exhibit

    99.1    Press Release dated August 1, 2024.
    104    Cover Page Interactive Data File (embedded within the Inline XBRL document)

     

    2


    SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

    Dated: August 1, 2024

     

    KENSINGTON CAPITAL ACQUISITION CORP. V
    By:  

    /s/ Daniel Huber

      Name:   Daniel Huber
      Title:   Chief Financial Officer

     

    3

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