Quantumscape announces closing of public offering of class a common stock

San jose, calif.--(business wire)--quantumscape corporation (nyse: qs), a leader in developing next-generation solid-state lithium-metal batteries, today announced the closing of its previously announced underwritten public offering of 37,500,000 shares of its class a common stock for gross proceeds of $300 million, before deducting the underwriting discount and commissions and estimated offering expenses. quantumscape has granted the underwriters a 30-day option to purchase up to an additional.
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