The Californian solid-state battery manufacturer reported net revenues of $680 million from the merger. July 23, 2021 - 6:30 am. A path that several eMobility companies are currently pursuing, including Romeo Power, ChargePoint and Nikola Motor. Date of report (Date of earliest event reported): November 25, 2020 QuantumScape Corporation (Exact Name of Registrant as Specified in Charter) (408) 452-2000 (Registrant's telephone number, including area code) Kensington Capital Acquisition Corp. 1400 Old Country Road, Suite 301 Westbury, New York The combined value of the two companies is estimated at $3.3 billion. ("Merger Sub"), and QuantumScape Battery , Inc., . Subscribe to this site . QuantumScape stock was up 24.23% at $71.57 in trading on Wednesday. These forward-looking statements are based on information available as of the date of this Report, and current expectations, forecasts and assumptions, and involve a number of risks and uncertainties. THCB stock is trading at a 57 percent premium to its IPO price of $10, with no merger announcement. As of November 18, 2020, QuantumScape Corporation and Kensington Capital Acquisition Corp announced that they have determined the exchange ratio . Upon completion of the merger, QuantumScape is expected to list on the New York Stock Exchange under ticker symbol 'QS'. Sep. 3 2020, Updated 10:04 a.m. The reported sales price of QuantumScape's Class A Common Stock has been at least $18.00 per share on each of 20 trading days within the 30-trading-day period ending on July 20, 2021. QuantumScape Stock Is Facing an Unexpected Risk One of the reasons why it's unhealthy to be overly zealous about any particular belief system is that the system will eventually encounter an. SAN JOSE, Calif.-(BUSINESS WIRE)-QuantumScape Corporation ("QuantumScape," Class A Common Stock - NYSE: QS; Public Warrants - NYSE: QS.WS) today announced that it has elected to redeem, at 5:00 p.m. Eastern Daylight Time on August 24, 2021 (the "Redemption Date"), all of QuantumScape's outstanding public warrants ("Public Warrants") that were issued under the Warrant . the combined company will remain listed on the New York Stock Exchange under the ticker symbol "QS" . THCB stock surged in. NEXT-GEN BATTERY COMPANY QUANTUMSCAPE TO LIST ON NYSE THROUGH MERGER WITH KENSINGTON CAPITAL ACQUISITION CORP. September 3, 2020 . to reflect events or circumstances after the date of this press release. The transaction is expected to be completed in the fourth quarter [] The stock price of electric vehicle battery developer company QuantumScape Corporation (NYSE: QS) has surged 57.45% on the opening day as it went from $23.50 at the opening price to a closing of $37. The stock ended the trading day Tuesday up 31.08% at $57.90. That comes alongside heavy trading. Send me real-time posts from this site at my email . The Business Combination was approved by Kensington stockholders in a special meeting held on November 25, 2020. QuantumScape stock rocketed late last year after debuting via a merger with a special-purpose acquisition company. . QuantumScape claims its lithium-metal solid-state . SAN JOSE, Calif. and WESTBURY, N.Y., Nov. 18, 2020 /PRNewswire/ -- Kensington Capital Acquisition Corp. (NYSE: KCAC) ("Kensington") and QuantumScape Corporation ("QuantumScape") today announced . QuantumScape said it was [] Volkswagen-backed QuantumScape to go public via SPAC to bring solid-state batteries . QuantumScape, the 10-year-old Silicon Valley battery startup backed by Volkswagen AG, said on Thursday it plans to go public through a reverse merger with Kensington Capital Acquisition Corp with . . QuantumScape, a company that was quietly developing high-performance batteries for Electric Vehicles (EVs), has shot in the limelight overnight. QuantumScape Corp. Cl A(NYSE:QS): Considerable consumer uptake and government tax credits are driving the rate of EV adoption. As per the Form 424B3 filed by Kensington Capital with the SEC today, a special meeting of the shareholders will be held on the 25th of November 2020 to approve the proposed business combination. QuantumScape and Kensington will host a joint investor conference call to discuss the proposed transaction today, Thursday, September 3, 2020 at 10:00 am ET. The combined value of the two companies is estimated at $3.3 billion. The boards of directors of both Kensington and QuantumScape have approved the proposed transaction, which is expected to be completed in the fourth quarter of 2020. SAN JOSE, Calif.-(BUSINESS WIRE)-QuantumScape Corporation ("QuantumScape," Class A Common Stock - NYSE: QS; Public Warrants - NYSE: QS.WS) today announced that it has elected to redeem, at 5:00 p.m. Eastern Daylight Time on August 24, 2021 (the "Redemption Date"), all of QuantumScape's outstanding public warrants ("Public Warrants") that were issued under the Warrant . QuantumScape stock soared 55% in its first half day of trading, following the completion of its merger with a special-purpose acquisition company called Kensington Capital Acquisition. QuantumScape Corporation 11.76 USD -3.92% 11.76 USD -3.92% 10.00 43.08 52 weeks 52 weeks Mkt Cap 3.05B. It gyrates as if it were dancing in a darkly lit nightclub after having a few too many cocktails. QuantumScape, the Bill Gates-backed startup attempting to commercialize solid-state batteries, has been the subject of phenomenal hype over the past couple of months as it inched ever closer to a. The merger will give QuantumScape a post-deal market valuation of $3.3 billion. The company claims that, based on its expected 2027 . . As a result of the redemption, the Public Warrants will cease to be traded on the NYSE effective August 24, 2021. 6 Wall Street research analysts have issued 1 year target prices for QuantumScape's stock. Right now Kensington Capital is trading for $18.73 per share and has a market value of $540 million for its 28.75 million shares outstanding. Upcoming Events. View real-time stock prices and stock quotes for a full financial overview. For the IPO, QuantumScape agreed to a merger with the investment company Kensington Capital Acquisition. Sep 08, 2020 at 8:57am ET The boards of directors for both companies have approved the merger, which is scheduled to be completed during Q4 2020. According to MIT Technology Review, the batteries retain . The reported sales price of QuantumScape's Class A Common Stock has been at least $18.00 per share on each of 20 trading days within the 30-trading-day period ending on July 20, 2021. April 26, 2022 05:00 PM ET. QuantumScape (NYSE: QS), a startup that is developing solid-state lithium metal batteries for electric vehicles, has seen its stock price decline by close to 45% year-to-date and by about 80% from . Year-to-date, QS has declined -62.16%, versus a 25.68% rise in the benchmark S&P 500 index . It stocks rose by more than 50 percent in a single day of trading, and . . This Registration Rights and Lock-Up Agreement (this "Agreement") dated as of September 2, 2020 is among Kensington Capital Acquisition Corp. Kensington Capital Acquisition (NYSE:KCAC) and QuantumScape announce closing of business combination.QuantumScape shares will trade on the NYSE under the ticker symbol "QS" and its. QS | Complete QuantumScape Corp. Cl A stock news by MarketWatch. . Their forecasts range from $12.00 to $30.00. As of the time of this press release . Indeed, shortly after the special purpose acquisition company (SPAC) tasked with taking QuantumScape public disclosed its merger intentions, QS stock which automotive giant Volkswagen (OTCMKTS: VWAG Y) backs veritably skyrocketed. The merger deal gives the combined company a pro forma implied enterprise value of roughly $3.3 billion. . Find the latest QuantumScape Corporation (QS) stock quote, history, news and other vital information to help you with your stock trading and investing. Solid Power, a promising solid-state battery start-up backed by Ford Motor ( F -2.87%) and BMW ( BMWYY -1.45%) ( BAMXF 4.85%), said that it has agreed to go public via a merger with special . As a result of the redemption, the Public Warrants will cease to be traded on the NYSE effective August 24, 2021. The stock has gained 29.8% in price since it went public on July 8, to close yesterday's trading session at $12.27. If you have any questions or . QuantumScape Corp. First Quarter 2022 Earnings Call. QuantumScape (NYSE: QS) stock doesn't rise and fall. To listen to the prepared remarks via. Earnings Date: Jul 25, 2022 - Jul 29 . The German automaker has poured $300 million into QuantumScape, including a $200 million investment announced in June. QuantumScape stock soared 55% in its first half day of trading, following the completion of its merger with a special-purpose acquisition company called Kensington Capital Acquisition. Holders of Kensington's shares of Class A Common Stock and Class B Common Stock at the close of business on the record date of October 27, 2020 are entitled to notice of the virtual Special . View real-time stock prices and stock quotes for a full financial overview. The business combination values QuantumScape at an implied $3.3 billion pro forma enterprise value. Please provide us with documentation of your trading history in the Company's stock by emailing a relevant copies of your brokerage statements to investigations@bespc.com. Each outstanding share of Kensington Class B common stock will convert into Kensington Class A common stock, and all Kensington Class A common stock will become New QuantumScape Class A common stock. If you have any questions or . The company has agreed on a merger with the investment company Kensington Capital Acquisition. Kensington Chairman and CEO Justin Mirro will join the combined company's board. Quantumscape ipo ticker Quantumscape ipo ticker. The reported sales price of QuantumScape's Class A Common Stock has been at least $18.00 per share on each of 20 trading days within the 30-trading-day period ending on July 20, 2021. Gates revealed unspecified investments in QuantumScape, both personally and. The transaction has resulted in over $1 billion in cash and funding commitments to date, including Series F financing from Volkswagen AG (OTC . In the same quarter last year, QUANTUMSCAPE's revenue was $0.00. This suggests a possible upside of 84.6% from the stock's current price. The shares will be traded on the New York Stock Exchange under the symbol "QS". SAN JOSE, Calif. and WESTBURY, N.Y., Sept. 3, 2020 /PRNewswire/ -- QuantumScape Corporation ("QuantumScape"), a leader in the development of next generation solid-state lithium-metal batteries for use in electric vehicles, and Kensington Capital Acquisition Corp. ("Kensington") (NYSE: KCAC), a special purpose acquisition company, today announced a definitive agreement for a business . Gates revealed unspecified investments in QuantumScape, both personally and. Thursday's agreement values QuantumScape at $3.3 billion, and the reverse merger is expected to be completed in the fourth quarter of this year. A Common Stock and Public Warrants are listed on NYSE under the symbols "QS" and . . If you are a long-term stockholder of QuantumScape, . Add QS to your watchlist to be reminded of QS 's next earnings announcement. on the later of: (i) the date that is thirty (30) days after the first date on which the Company completes a merger, capital stock exchange . What was QS's revenue last quarter? On average, they expect QuantumScape's stock price to reach $21.71 in the next twelve months. QuantumScape Gets Vote of Confidence From Analyst. Shares Out 259.64M. 4 weeks ago - InvestorPlace. While the world suffered through 2020 . Following the completion of its SPAC merger, QuantumScape, has seen shares of its stock taking off Monday. Shares now trade around $28 down 80% from . Ex-Dividend Date N/A; Short Interest 52.06M 05/13 . The stock closed at $15.66 on Jan. 29 after rising 2.4 percent that day. Please provide us with documentation of your trading history in the Company's stock by emailing a relevant copies of your brokerage statements to investigations@bespc.com. A Warrant may be exercised only during the period (the "Exercise Period") commencing on the later of: (i) the date that is thirty (30) days after the first date on which the Company completes a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination, involving the Company and one or . Add to Google Calendar. Following an April short report by a ctivist firm Scorpion Capital, which called the company a "scam," QuantumScape stock fell back down to earth. QuantumScape claims that its batteries can charge 80% in less than 15 minutes, less than half the time needed to charge a Tesla Model 3. Add to Calendar. Deutsche Bank initiated QuantumScape coverage with a Hold rating and price target of $20. That's a good thing if you own QS stock. That's a 122.5% premium over the stock's closing price of $34.16 per share on Thursday. Beginning on November 27, 2020, QuantumScape shares will trade on the NYSE under the. ET Solid-state battery manufacturer QuantumScape has decided to go public through a reverse merger with Kensington Capital Acquisition Corp, which gives it a. About Kcac Date Quantumscape Merger (NYSE: KCAC) ("Kensington") and QuantumScape Corporation ("QuantumScape") today announced. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. QuantumScape Corporation ("QuantumScape," Class A Common Stock - NYSE: QS; Public Warrants - NYSE: QS.WS) today announced that it has elected to redeem, at 5:00 p.m. Eastern Daylight Time on August 24, 2021 (the "Redemption Date"), all of QuantumScape's outstanding public warrants ("Public Warrants") that were issued under the Warrant Agreement dated as . 3 billion merger with blank check company KCAC stock. . QuantumScape (NYSE: QS), a startup that is developing solid-state lithium metal batteries for electric vehicles, has seen its stock price decline by close to 45% year-to-date and by about 80% from . On Apr 26, 2022, QUANTUMSCAPE (NYSE: QS) reported Q1 2022 revenue of $0.00 up N/A year over year. Backed by Bill Gates and Volkswagen, the company in September . (@DJohnson_CPA twitter) - Orange/New Green/Meetings - Ticker . It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. In the morning hours, more than 20 million shares of. But shares nearly halved in January amid concerns that the San Jose, Calif.-based . and WESTBURY, N. QuantumScape goes public via Kensington Capital merger Sep. 3 billion merger with blank check company KCAC stock. 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 QuantumScape raises over $700 million in proceeds through the business combination, including a $500 million fully committed PIPE anchored by institutional . Add to iCalendar. Upon completion of the merger, QuantumScape is expected to list on the New York Stock Exchange under ticker symbol 'QS'. The combined company is expected to operate under the name QuantumScape and remain listed on the NYSE under the new ticker symbol QS. TPG Pace Beneficial Finance Corp. does not have significant operations. But that could change thanks to QuantumScape. Bristol-Myers Squibb intends to acquire the shares in a tender offer. If the SPAC merger goes as planned, Solid Power will start trading under the ticker SLDP by the fourth quarter of 2021. Through the business combination, QuantumScape raises more than $700 million in . Ex-Dividend Date N/A; Short Interest 52.06M 05/13 . Should underlying assumptions . . Date: 12/3/2021; Company Name: QuantumScape Corporation ; Stock Symbol: QS; Status: . Next-Gen Battery Company Quantumscape To List On NYSE Through Merger With Kensington Capital Acquisition Corp. - QuantumScape Corporation has entered into a definitive merger agreement with . The company was incorporated in 2019 and is based in Fort Worth, Texas. Add to Apple Calendar. QuantumScape went public on the New York Stock Exchange on Friday, November 27 through a special purpose acquisition company (SPAC) merger. The German automaker has poured $300 million into QuantumScape, including a $200 million investment announced in June. QuantumScape stock briefly bolted north of $130 a share shortly after it went public at the end of 2020, very briefly dipped below $20 per share in August 2021, and is now cruising in the $30-something range. QuantumScape Corporation ("QuantumScape," Class A Common Stock - NYSE: QS; Public Warrants - NYSE: QS.WS) today announced that it has elected to redeem, at 5:00 p.m. Eastern Daylight Time on August 24, 2021 (the "Redemption Date"), all of QuantumScape's outstanding public warrants ("Public Warrants") that were issued under the Warrant Agreement dated as of June 25, 2020, as . Publish date: Sep 3, 2020 9:43 AM EDT. If you are a long-term stockholder of QuantumScape, . Like Nikola And Fisker, QuantumScape Will Go Public Via Reverse Merger The new method for getting listed in stock exchanges finally reaches battery companies. The stock, identified as QS on the New York Stock Exchange (NYSE), listed for $23.50, and closed at $37 per share on the same day. Chat Follow Unfollow. SAN JOSE, Calif.-(BUSINESS WIRE)-QuantumScape Corporation ("QuantumScape," Class A Common Stock - NYSE: QS; Public Warrants - NYSE: QS.WS) today announced that it has elected to redeem, at 5:00 p.m. Eastern Daylight Time on August 24, 2021 (the "Redemption Date"), all of QuantumScape's outstanding public warrants ("Public Warrants") that were issued under the Warrant . Next-Gen Battery Company Quantumscape To List On NYSE Through Merger With Kensington Capital Acquisition Corp. September 3, 2020, 1:25 PM UTC Share this article QuantumScape, an electric vehicle battery supplier backed by Bill Gates and Volkswagen, announced Thursday that it will go public through a merger with . Today was the first day of trading for QuantumScape stock, QS and QS.WS, which was formerly KCAC and KCAC.WS tickers as the SPAC. Date: 12/3/2021; Company Name: QuantumScape Corporation ; Stock Symbol: QS; Status: . The solid-state battery specialist and Volkswagen partner QuantumScape went public on the US stock exchange. QuantumScape, the 10-year-old Silicon Valley battery startup backed by Volkswagen AG (VOWG_p. Add to Microsoft Outlook. QUANTUMSCAPE 's earnings date is Jul 25, 2022. QS | Complete QuantumScape Corp. Cl A stock news by MarketWatch. QuantumScape Corporation ("QuantumScape," Class A Common Stock - NYSE: QS; Public Warrants - NYSE: QS.WS) today announced that it has elected to redeem, at 5:00 p.m. Eastern Daylight Time on August 24, 2021 (the "Redemption Date"), all of QuantumScape's outstanding public warrants ("Public Warrants") that were issued under the Warrant Agreement dated as of June 25, 2020, as .