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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...
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Quanergy begins trading on the NYSE under Ticker “QNGY” tomorrow, February 9, 2022 Transaction Proceeds and Committed Funding of $175 Million Position Company for Continued Growth Quanergy Systems, Inc. (the “Company”), a leading provider ...
Achieved industry-first 200 meter OPA range milestone Exceeded 2021 revenue guidance; 32% sequential revenue growth from Q3 ’21 Increased customer count to nearly 400 and global partners to over 50 Units shipped increased >50% from Q3 to Q4 ‘21 Average...
Quanergy Systems, Inc. , a leading provider of OPA-based solid-state LiDAR sensors and smart 3D solutions for automotive and IoT, announced today it has appointed Kevin Amiri as the company’s Senior Vice President, Operations. Amiri has more than 20 years of deep operational ...