Ticker LaunchSPAC · Merger completed
Kensington Capital Acquisition Corp.
Business combination with QuantumScape Corporation
Kensington Capital Acquisition Corp. is a blank-check company (SPAC) that raised $200M in its initial public offering on Jun 26, 2020, listing on New York Stock Exchange. It completed its business combination with QuantumScape Corporation on Nov 25, 2020; the combined company is QuantumScape Corporation (QS). Cerberus Capital led the IPO, with HANS Power & Water and AGCO.
QuantumScape Corporation, founded in 2010 in California, develops next-generation solid-state lithium-metal batteries for electric vehicles. Its mission is to change energy storage to enable a sustainable future, and it is the target of a SPAC business combination in the automotive sector.
- Status
- Merger completed
- IPO date
- Jun 26, 2020
- IPO size
- $200M
- IPO exchange
- New York Stock Exchange
- Target
- QuantumScape Corporation (Legacy)
- Announced
- Sep 3, 2020
- Closed
- Nov 25, 2020
- Combined company
- QuantumScape Corporation (QS)
- IPO underwriters
- Cerberus Capital, HANS Power & Water, AGCO, Chairman of LaSorda, Chief Executive Officer of Thule, Chairman of Brink, Pure Safety, Capital Safety and Arle Capital Partners
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) Jun 26, 2020
- Deal announcement (8-K) Sep 3, 2020
- Press release
- All filings on EDGAR CIK 1811414
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