Kensington Capital Acquisition
KCAC-WT
New York Stock Exchange0.40
USD
+0.00
- -
CIK
0001899287
Return %
Stock
S&P500
1Y
- -
18.21
3Y
- -
64.38
5Y
- -
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001899287
- Similar Companies
- Business
- Kensington Capital Acquisition Corp. (NYSE: KCAC-WT) operates as a special purpose acquisition company, or blank check company, sponsored by Kensington Capital Partners LLC and focused on effecting mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations primarily with businesses in the automotive and automotive-related sectors in North America. The company offers no operational products or services beyond its SPAC structure, which includes Class A ordinary shares, redeemable warrants exercisable for shares at a specified price following a business combination, and units combining shares with warrants; KCAC-WT specifically represents warrants from its issuances. Founded in 2020 and headquartered at 1400 Old Country Road, Suite 301, Westbury, New York, it targets electric vehicle, battery, and charging technology companies, with management boasting over 300 years of combined automotive experience across more than 70 transactions. Notable past transactions include its 2020 merger with QuantumScape Corporation, creating a public entity trading as QS on the NYSE valued at $3.3 billion, and Kensington Capital Acquisition Corp. II's 2021 merger with Wallbox Chargers SL, resulting in Wallbox N.V. (WBX) listing on the NYSE at a $1.5 billion valuation; more recently, Kensington Capital Acquisition Corp. IV merged with Amprius Technologies, Inc. in 2022, with common stock and warrants trading as AMPX and AMPX.W. The company maintains ongoing operations with active warrants trading, though some related SPACs like Kensington Capital Acquisition Corp. V announced public share redemptions and liquidation in 2024 after failing to identify a suitable target.