Nth Cycle Plans to Go Public on NYSE via Business Combination With Kensington Capital Acquisition Corp. VI

Nth Cycle Inc., a critical minerals refiner, announced a definitive business combination with SPAC Kensington Capital Acquisition Corp. VI to list on the NYSE under the ticker symbol “NTH.” The proposed transaction values Nth Cycle at an implied enterprise value of approximately $585 million and is expected to close in the fourth quarter of 2026, subject to regulatory and stockholder approvals.