CCAC News and Press, CITIC Capital Acquisition Corp. Class A From 06/29/21

Quanergy announces a deal with a Chinese sponsored SPAC to go public. The lidar sensor sector will now have 7 public companies. The stock is one to avoid as general SPAC weakness and a crowded space is unlikely to lead to much investor appetite until long after the deal closes. ...

7 new deals and 7 SPAC business combinations announced last week. Lydall stock jumps 85% after news of acquisition. Buzzfeed to go public in a SPAC deal. For further details see: Merger Arbitrage Mondays - Buzzfeed To Go Public With 890 Fifth Avenue Partners

Quanergy, an industry-leading provider of LiDAR sensors and 3D perception software, has entered into a definitive business combination agreement with CITIC Capital Acquisition Corp. ( NYSE: CCAC) Upon closing, the combined company is expected to be listed on the New York...