kensington capital acquisition corp. (nyse: kcac.u) is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with a business in the automotive and automotive-related sector. the company is sponsored by kensington capital partners (“kcp”) and the management team of justin mirro, bob remenar, simon boag and dan huber. the company is also supported by a board of independent directors including tom lasorda, anders pettersson, mitch quain, don runkle and matt simoncini. the company’s strategy is to utilize our extensive experience and operating capabilities in the automotive and automotive-related sector to complete a business combination.
Company profile
Ticker
KCGI, KCGI-UN, KCGI-WT
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
981592043
KCGI stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
29 Mar 24
8-K
Submission of Matters to a Vote of Security Holders
19 Dec 23
10-Q
2023 Q3
Quarterly report
13 Nov 23
8-K
Entry into a Material Definitive Agreement
29 Aug 23
8-K
Entry into a Material Definitive Agreement
15 Aug 23
8-K
Entry into a Material Definitive Agreement
14 Aug 23
10-Q
2023 Q2
Quarterly report
11 Aug 23
8-K
Kensington Capital Acquisition Corp. V Announces Meeting for Shareholders
28 Jul 23
DEF 14A
Definitive proxy
28 Jul 23
UPLOAD
Letter from SEC
28 Jul 23
Latest ownership filings
SC 13G
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14 Feb 24
SC 13G
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14 Feb 24
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14 Feb 24
SC 13G
NOMURA HOLDINGS INC
14 Feb 24
SC 13G
PERISCOPE CAPITAL INC.
9 Feb 24
SC 13G/A
ADAGE CAPITAL PARTNERS GP, L.L.C.
7 Feb 24
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COWEN AND COMPANY, LLC
2 Feb 24
SC 13G/A
HIGHBRIDGE CAPITAL MANAGEMENT LLC
2 Feb 24
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Harraden Circle Investments, LLC
31 Jan 24
SC 13G
Harraden Circle Investments, LLC
21 Aug 23
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.39 mm | 1.39 mm | 1.39 mm | 1.39 mm | 1.39 mm | 1.39 mm |
Cash burn (monthly) | (no burn) | 2.62 k | 142.48 k | 215.50 k | 186.50 k | 81.81 k |
Cash used (since last report) | n/a | 17.44 k | 946.72 k | 1.43 mm | 1.24 mm | 543.63 k |
Cash remaining | n/a | 1.37 mm | 445.46 k | -39.78 k | 152.90 k | 848.55 k |
Runway (months of cash) | n/a | 523.7 | 3.1 | -0.2 | 0.8 | 10.4 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 44 |
Opened positions | 17 |
Closed positions | 40 |
Increased positions | 12 |
Reduced positions | 11 |
13F shares | Current |
---|---|
Total value | 2.23 bn |
Total shares | 83.35 mm |
Total puts | 0.00 |
Total calls | 1.58 mm |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Kensington Capital Sponsor V | 69.00 mm | $720.36 mm |
Cowen And | 1.90 mm | $219.93 mm |
Dryden Capital | 1.27 mm | $147.02 mm |
Exos TFP | 1.13 mm | $130.52 mm |
Shaolin Capital Management | 1.09 mm | $126.00 k |
Rivernorth Capital Management | 983.71 k | $118.05 mm |
Periscope Capital | 918.49 k | $106.18 mm |
Adage Capital Partners GP, L.L.C. | 704.25 k | $81.41 mm |
Saba Capital Management | 610.39 k | $81.06 mm |
Farallon Capital Management | 581.40 k | $67.21 mm |