Quantumscape announces proposed 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 commenced a proposed underwritten public offering of shares of its class a common stock. quantumscape intends to offer $300 million of shares of its class a common stock for working capital and general corporate purposes. quantumscape intends to grant the underwriters a 30-day option to purchase up to an additional $45 million of shares of cla.
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