Kensington Capital Acquisition Corp. IV Announces the Separate Trading of its Class 1 Warrants and New Units Commencing April 22, 2022

WESTBURY, N.Y., April 20, 2022 /PRNewswire/ -- Kensington Capital Acquisition Corp. IV (NYSE: KCAC.U) (the "Company") announced that, commencing April 22, 2022, holders of the units sold in the Company's initial public offering of 23,000,000 units, completed on March 4, 2022, may elect to separately trade the Class 1 redeemable warrants included in the units.  Those units not separated will continue to trade on the New York Stock Exchange (the "NYSE") under the symbol "KCAC.U," and the Class 1 redeemable warrants that are separated and the resulting new units consisting of one Class A ordinary share and one Class 2 redeemable warrant will trade on the NYSE under the symbols "KCAC.W" and "KCA.U," respectively. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the units into Class 1 redeemable warrants and new units.