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Kensington Capital IV (KCAC.U) to Combine with Amprius in $939M Deal

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Kensington Capital IV (KCAC.U) to Combine with Amprius in $939M Deal

Kensington IV (NYSE:KCAC.U) has entered into a definitive agreement to combine with lithium-ion battery-maker Amprius at an enterprise value of $939 million. Sunnyvale, California-based Amprius is developing silicone anode batteries to take the place of existing lithium-ion designs in small electronics and EVs. The combined company is expected to trade on the NYSE under the
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