Ticker LaunchSPAC · Merger completed
CITIC Capital Acquisition Corp.
Business combination with Quanergy Systems, Inc.
CITIC Capital Acquisition Corp. is a blank-check company (SPAC) that raised $240M in its initial public offering on Feb 12, 2020, listing on New York Stock Exchange. It completed its business combination with Quanergy Systems, Inc. on Feb 8, 2022; the combined company is Quanergy Systems, Inc. (QNGY). Winston & Strawn advised the SPAC and Davis Polk advised the underwriters on the IPO.
Quanergy Systems develops smart LiDAR solutions for automotive and IoT applications, built on a solid-state CMOS LiDAR sensor using optical phased array technology. Its 3D sensing products are used by over 350 customers in industrial automation, physical security and smart cities.
- Status
- Merger completed
- IPO date
- Feb 12, 2020
- IPO size
- $240M
- IPO exchange
- New York Stock Exchange
- Target
- Quanergy Systems, Inc. (Legacy Quanergy)
- Announced
- Jun 22, 2021
- Closed
- Feb 8, 2022
- Combined company
- Quanergy Systems, Inc. (QNGY)
- SPAC counsel (IPO)
- Winston & Strawn and Maples and Calder
- Underwriters' counsel (IPO)
- Davis Polk
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- PIPE and other committed financing
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Feb 12, 2020
- Deal announcement (8-K) Jun 22, 2021
- Press release
- All filings on EDGAR CIK 1794621
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