Quantumscape announces closing of public offering of class a common stock and full exercise of option to purchase additional shares

San jose, calif.--(business wire)--quantumscape corporation (nyse: qs), today announced the closing of an underwritten public offering of 11,960,000 shares of its class a common stock, including the full exercise of the underwriters' option to purchase up to 1,560,000 additional shares of its class a common stock, for gross proceeds of $478.4 million. no shareholders sold in this offering. goldman sachs & co. llc and morgan stanley acted as joint lead book-running managers for the offering.
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