QuantumScape (QS) Redeems all Public Warrants

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Go back to QuantumScape (QS) Redeems all Public Warrants

QuantumScape Announces Redemption of Public Warrants

July 23, 2021 6:30 AM EDT

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 QuantumScapes outstanding public warrants (Public Warrants) that were issued under the Warrant Agreement dated as of June 25, 2020, as amended on February 13, 2021 (the Warrant Agreement), by and between Kensington Capital Acquisition Corp. (Kensington) and Continental Stock Transfer & Trust Company, as warrant agent. The Public Warrants were originally issued in connection with Kensingtons initial public offering in June 2020 (the IPO), and... More