TRADING QUOTES 8:19 AM May 27, 2022
IPO Terms Details Business Combination Related Articles SEC Filings
SPAC Name : Kensington Capital Acquisition Corp. IV
Total Public Proceeds at IPO($mm): 230.0
%Held in Trust: 100.0
$Held in Trust per Unit: $ 10.00
Mgmt's Sector Expertise/Focus: Electric Vehicle
IPO Date: 2022-03-02
Months to Complete: 24
Deadline Date: 2024-03-04
Unit Structure (KCAC.U)
Share (KCA.U): 1 Class A Ordinary Share
Warrant (KCAC.WS) 1 Warrant
Right()
Public Warrant Terms:
Exercise Price: 11.5
Redemption Price: Cash/Cashless: $18.00
Redemption: Cash, Cashless or for Shares Mgmt's Discretion
Underwriters:
Book-runner(s): UBS Investment Bank, Stifel
Co-Manager(s): Baird, Drexel Hamilton
Fees (Upfront/Deferred): 2.0%/3.5%
Lawyers:
Issuer's Counsel: Hughes Hubbard & Reed LLP
Underwriter's Counsel: Skadden, Arps, Slate, Meagher & Flom LLP
Additional Terms: 1. Crescent Term: $9.20 2. Limitation on Redemption Rights: 15% 3. EOI: Sponsor to purchase $32.675M units at offering price 4. Sponsor Promote of 30% 5. upon unit split, the class 2 warrants and the share will trade as a new unit KCAC.NU and the Class 1 warrants will trade as KCAC.WS. If you redeemed the KCAC.NU unit at shareholder vote, you will also be redeeming the Class 2 warrants 6. * See notes below on profile page
SPAC Name: Kensington Capital Acquisition Corp. IV
CURRENT FUNDS in TRUST: $230,165,485*
EST. PRO RATA AMOUNT IN TRUST: $10.01*
IMPLIED ENTERPRISE VALUE: $939 million
RECORD DATE: TBD
SHAREHOLDER VOTE DATE: TBD
SPAC NameSource: SEC.gov filings and SPAC Insider estimates
TRADING QUOTES       Business CombinationIPO Terms Details SPAC name: %spacname% CURRENT FUNDS in TRUST: $%ending_trust_ball%* EST. PRO RATA AMOUNT IN TRUST: $%implied_cash_per_share%* IMPLIED ENTERPRISE VALUE: %impliedenterprisevalue% RECORD DATE: %businesscombinationrecorddate% SHAREHOLDER VOTE DATE: %businesscombinationshareholdervotedate% Source: SEC.gov filings and SPAC Insider estimates SPAC name: %spacname% Total Public Proceeds at IPO ($mm): %total% % Held in Trust:
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