QuantumScape to go public via merger with Kensington Capital Acquisition Corp

QuantumScape Corporation, a developer of solid-state lithium-metal batteries for electric vehicles, has entered into a definitive merger agreement with Kensington Capital Acquisition Corp. The transaction will result in QuantumScape becoming a publicly listed company on the NYSE under ticker 'QS', raising over $700 million in proceeds.

“QuantumScape Corporation has entered into a definitive merger agreement with Kensington Capital Acquisition Corp. (NYSE: KCAC); upon closing, the combined company will remain listed on the New York Stock Exchange under the ticker symbol 'QS'.”sec.gov

• 1 source
• sec.govkcac-ex991_10.htmSep 3, 2020

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