Provided they don’t buy the SPAC for more than the value of its cash, don’t miss the redemption deadline and aren’t forced out of the trade by a margin call, hedge funds can be pretty confident of not losing money.However, once SPAC shareholders approve a merger, they lose the right to redeem. These quantum glass stocks are a great way to gain greater exposure to an EV segment that has so far flown under the radar. Returns as of 12/19/2020. Lithium metal battery maker QuantumScape Corp QS 3.37% has gained nearly 220% since going public via an SPAC merger on Nov. 27. Yahoo Finance's Myles Udland, Julie Hyman, and Brian Sozzi speak with QuantumScape CEO Jagdeep Singh about the company's next generation battery technology. QuantumScape founder and CEO Jagdeep Singh joins "Squawk on the Street" to discuss the company's public debut. #Quantumscape #StichFix #DoorDash For 2020 elec QuantumScape is working on a … When is QuantumScape stock's IPO date? The very kind of dealmaking that Jeremy Grantham previously deemed "reprehensible" netted the famous investor a $265 million profit. Sure, rallying more than 90% from where it was pre-merger announcement, this SPAC play looks pricey at first glance. QuantumScape says its electric vehicle batteries should allow drivers to charge their cars to 80% of their full capacity within fifteen minutes. best. no comments yet. Lithium metal battery maker QuantumScape Corp (NYSE: QS) has gained nearly 220% since going public via an SPAC merger on Nov. 27. Quantumscape Solid-State Showcase. Technology About Press Investors Select Page Electric vehicles are here. Having difficulty picking winning EV stocks? Click Here for the Live Stream. QuantumScape plans to sell its batteries in 100 KWh packs, for about $7,000 per pack, and at about 30% gross margins. The reality of the company's likely timeline may be setting in. All rights reserved. The competitive set in solid-state batteries just changed, in an important way. The firm produces solid-state batteries used in electric cars and has backing from industry giant Volkswagen. This company may become to EVs what picks and shovels were to gold prospectors. Is Tuscan Holdings (NASDAQ: THCB) Stock a Viable QuantumScape (NASDAQ: QS) Sympathy EV Battery SPAC Play? Shares of QuantumScape Corp. rallied nearly 20% Wednesday, extending their winning streak to a sixth session and nearly doubling in the interim. The newly minted hedge fund manager breaks down how he spotted early opportunities in Tesla, Facebook, and the COVID-19 market crash - and shared one IPO on his radar. Commerce Policy | That stake now stands at roughly $278 million thanks to a SPAC merger and QuantumScape's subsequent stock rally. The exact QuantumScape IPO date hasn't been set. These are the second and third auto tech SPAC mergers this year, following one involving San Jose-based Velodyne Lidar Inc. at the end of September. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. The company joins the electric vehicle investor space with a promise of a battery technology that may pr... A promising developer of the new generation of batteries, QuantumScape has the potential to upend the EV battery supply chain and lead the transition away from fossil fuels. QuantumScape (NYSE: QS) has announced that its special purpose acquisition company (SPAC) merger with Kensington Capital Acquisition is complete. What are solid-state lithium-metal batteries? The post Top SPAC Merger News This Week: Innoviz, Arrival, Lumi... QuantumScape is the latest addition to the NYSE after a merger with Kensington Capital. QuantumScape founder and CEO Jagdeep Singh joins "Squawk on the Street" to discuss the company's public debut. SPAC firms raise capital through an initial public offering with the intention of using the cash to acquire a firm and take the merged entity public. Tesla slides 6% as it enters the S&P 500 as its 5th-largest member », Meet the astronaut who may fly Tom Cruise to orbit on the first all-private space mission with SpaceX's help ». QS stock is worth just $40.15, or 33% below current levels. However, QuantumScape plans to become a publicly-traded company in … However, investors should know what makes SSBs distinct -- and the challenges t... A pullback to end a huge month was probably inevitable. The last two years have seen market favorites including Virgin Galactic, DraftKings, and Nikola go public through such deals. Shares of Kensington Capital Acquisition Corp (NYSE: KCAC) are trading higher by over 30% Friday. hide. The stock price of QuantumScape Corporation (NYSE: QS) has surged 57.45% in its public debut day as it went from $23.50 at the opening price to a closing of … In this video I talk about QuantumScape Stock. While not an exact measure of proportional SPAC ownership, it's a decent approximation. The post QS Stock: Why QuantumScape Shares Are Surging Today appeared fi... SAN JOSE, Calif.--(BUSINESS WIRE)--QuantumScape Corporation (NYSE: QS, or "QuantumScape"), a leader in the development of next generation solid-state lithium-metal batteries for use in electri... Investors keeping tabs on SPAC merger news have had a lot to absorb this week as more companies choose it as a way to go public. QuantumScape, which went public in November thr... QuantumScape, one of the newest entrants to the red-hot electric-vehicle industry, could have one big leg up on Tesla. Solid-state batteries that work. Yahoo Finance’s Ines Ferre reports on the latest news on Quantumscape, DoorDash IPO, and Stitch Fix better than expected results. Editor’s note: “3 Quantum Glass Battery Stocks That Could Surge” was previously published in July 2020. QuantumScape will reach stock exchanges through a reverse merger just like Nikola and Fisker, which makes the SPAC method reach battery companies. Dollar giving up early gains. QuantumScape, a maker of solid-state batteries for EV applications, is the latest stock in the business to close its SPAC merger. It’s important to keep in mind that QuantumScape has already reverse-merged into former SPAC Kensington Capital and changed its symbol to QS. QuantumScape SPAC Merger. Keefe, Bruyette & Woods Downgrades Rocket Companies (NYSE:RKT) to Underperform Intel (NASDAQ:INTC) Downgraded to "Sell" at Bank of America Grantham, who founded investment management firm GMO and serves as its long-term investment strategist, invested $12.5 million in battery producer QuantumScape seven years ago as one of several stakes in early green-tech companies, according to the Financial Times. The company aims to go public with a $3.3 billion valuation and trade on the New York Stock Exchange with the ticker QE. Emmet Peppers grew his accounts from $30,000 in 2010 to over $70 million this year. "Speculative stocks can … The SPAC stock immediately shot up above $18 ($18.25) and so the warrants listed on the NYSE (KCAC.WS) are now in-the-money (i.e., the stock … Battery producer QuantumScape is the latest firm to go public through a special-purpose acquisition company, or SPAC, merger. QuantumScape (), a battery developer for electric vehicle use, began trading on the New York Stock Exchange today following a SPAC merger.Shares of the San … QuantumScape is also part of a smaller and notable group of electric vehicle-related companies that have announced plans to go public via a SPAC. It has since been updated to include the most relevant information available. Tesla's meteoric rise through the year has made electric-vehicle SPACs - and any SPAC related to the EV market - particularly popular. #QuantumScape ##QuantumScapestock #... Quantumscape stock is a speculative stock at best, with its lofty valuation and with meaningful revenues for the company still way-off. Microsoft co-founder Bill Gates isn't just investing in QuantumScape's potentially revolutionary lithium-metal battery technology — he's giving the venture advice as well. QuantumScape QuantumScape is releasing its shares to the public through an obscure special purpose acquisition company (aka SPAC) merger, which has become an increasingly popular way to IPO in 2020. Made In NYC | A SPAC is a shell company that raises money through an IPO to buy a private operating company, typically within two years. Yahoo Finance’s Ines Ferre reports on the latest news on Quantumscape, DoorDash IPO, and Stitch Fix better than expected results. QuantumScape QuantumScape is releasing its shares to the public through an obscure special purpose acquisition company (aka SPAC) merger, which has become an increasingly popular way to IPO in 2020. Wall Street's obsession with the vehicles could be a sign of unsustainable market optimism, Grantham told the FT, rivaling the overwhelming bullishness seen during the 1920s and the late-1990s tech bubble. Here's what you should know. The stock is already up more than 50%. The company's solid-state lithium-ion batteries will allow drivers to charge their vehicles to about 80% of full capacity in 15 minutes. A SPAC is a shell company that raises money through an initial public offering to buy a private operating company and take it public in a reverse … Introducing QuantumScape. The post Investors Shouldn't Buy Into the Quantumscape H... QuantumScape stock is no longer undervalued given its huge run-up. Join Stock … Log in or sign up to leave a comment Log In Sign Up. Read more: Emmet Peppers grew his accounts from $30,000 in 2010 to over $70 million this year. Author: Listen in to hear how you can profit in 2021 and beyond. Energy. The post QuantumScape Is a Terrible Buy at Its Current Price appeared first on ... QS stock rallied again on Thursday as more investors tune in to solid-state battery advancements from QuantumScape. They also should last about 12 years in an electric veh... QS stock is climbing higher Tuesday after QuantumScape unveiled solid-state battery advancements. QuantumScape (NYSE: QS) has seen a huge run-up since the shares began trading on Nov. 27 following a SPAC merger. The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. QuantumScape (NYSE:QS). 9 Things to Know About EV Battery Play QS Stock QuantumScape completed its merger with … S3 Partners analyst Ihor Dusaniwsky just released... QuantumScape CEO Jagdeep Singh discussed the company's efforts to develop a solid-state battery for electric vehicles and its work with German automaker Volkswagen. QuantumScape soared as much as 37% in early Wednesday trading. Here are the top 28 stocks the firm says to buy now from the basket. QuantumScape will reach stock exchanges through a reverse merger just like Nikola and Fisker, which makes the SPAC method reach battery companies. Here are five key tips. That compares to just $13.6 billion raised across 59 deals in 2019. 76.4% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our, Visit the Business Insider homepage for more stories, We spoke with Wall Street's 9 best-performing fund managers of 2020 to learn how they crushed the chaotic market - and compile the biggest bets they're making for 2021. The SPAC has a deal in place to merge with QuantumScape, a pre-revenue start-up developing a better battery for electric vehicles. Solid-state lithium battery maker QuantumScape is becoming a publicly traded entity through a merger with special purpose acquisition company, or … This article came out just now, with a more generous price target $40. If so, then QuantumScape stock has nothing but upside ahead. 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