Ubuntu 16.04.1 will be the new Ubuntu release targeted for July 21st.
As a .1 release, this version will ship the very same kernel as the 16.04, plus some hardware enablement, usually seen as the HWE acronym.
If you are targeting any development for this release, this is the kernel schedule for it:
24-Jun Last day for kernel commits for this cycle 27-Jun - 02-Jul Kernel prep week. 03-Jul - 15-Jul Bug verification & Regression testing.. 18-Jul Release to -updates.