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KCGI

Kensington Capital Acquisition Corp. V

https://www.autospac.com

Industry

Shell Companies

Kensington Capital Acquisition Corp. V does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Westbury, New York.

Open

11.17

Mkt cap

128M

Volume

High

11.17

P/E Ratio

22.34

52-wk high

11.19

Low

11.17

Div yield

N/A

52-wk low

10.49

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Portfolio Pulse from Vandana Singh

May 25, 2023 | 1:27 pm

EV startup Arrival expects its merger with Kensington Capital Acquisition Corp V and subsidies from the US Inflation Reduction Act (IRA) to drive business growth. The merger will provide Arrival with up to $283 million to build a factory in North Carolina for its XL van, which qualifies for IRA tax credits up to $40,000.

Portfolio Pulse from Lekha Gupta

May 25, 2023 | 12:30 pm

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