• Nth Cycle, a critical-minerals refiner, filed a confidential draft Form S-4 for its proposed merger with Kensington Capital Acquisition Corp. VI.
• Closing remains subject to SEC review, customary conditions, shareholder approval; combined company to be named Nth Cycle Holdings.
• Common stock expected to list on the NYSE under ticker NTH.
• Deal implies a pro forma enterprise value of about $585 million.
• Proceeds expected to include up to $230 million from Kensington’s trust, subject to redemptions, plus up to $100 million PIPE with $40 million committed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kensington Capital Acquisition Corp. VI published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-340529), on August 07, 2026, and is solely responsible for the information contained therein.