Quantumscape announced pricing for the public issuance of Class A ordinary shares.

Quantumscape announced pricing for the public issuance of Class A ordinary shares.



QuantumScape Corporation (New York Stock Exchange:.



QuantumScape has granted underwriters a 30 day option to purchase up to 5625000 additional shares at the public offering price minus underwriting discounts. According to customary transaction conditions, this public offering is expected to end on August 8, 2023.



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Evercore ISI and Morgan Stanley serve as joint lead bookrunners for this issuance. Goldman Sachs Limited and UBS Investment Bank serve as additional bookkeeping managers.



This public offering is based on QuantumScape's Form S-3 registration suspension statement submitted to the United States Securities and Exchange Commission ("SEC") on July 29, 2022, which became effective on August 10, 2022.



This issuance will only be supplemented by the preliminary prospectus and the accompanying prospectus related to this issuance, which have been filed with the SEC and can be accessed on the SEC website at www.sec.gov.



The final prospectus supplement will be submitted to the SEC, and a copy can also be obtained through Evercore Group LLC, Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, New York 10055, Tel: 888-474-0200, or email: ecm.prospectus@evercore.com ; Or Morgan Stanley&Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.



This press release does not constitute an offer to sell or solicitation to purchase, nor may these securities be sold in any state or jurisdiction where such offer, solicitation, or sale would be illegal until registered or qualified. The securities laws of any such state or jurisdiction.