Kensington Capital Acquisition Corp. II

Kensington Capital Acquisition Corp. II is a blank check company, which engages in seeking a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on January 4, 2021 and is headquartered in Westbury, NY.

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NEW YORK, Sept. 3, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Kensington Capital Acquisition Corp.

SHAREHOLDER ALERT: WeissLaw LLP Investigates Kensington Capital Acquisition, Corp.

Kensington Capital (KCAC) news for Thursday includes a merger announcement with QuantumScape sending KCAC stock soaring higher.
The post Kensington Capital News: Why KCAC Stock Is Soaring 72% Today appeared first on InvestorPlace.

Kensington Capital News: Why KCAC Stock Is Soaring 72% Today

Yet another electric vehicle-related company has agreed to be acquired by a special-purpose acquisition company (a SPAC, or blank check company), taking the first step on the way to a reverse merger that will result in an initial public offering (IPO).

Battery Maker QuantumScape to IPO in Reverse Merger

QuantumScape, an electric-car battery supplier backed by Volkswagen and Bill Gates, announced plans Thursday to go public.

Electric-Car Supplier Adds Another Jolt To EV Stock Market Frenzy

Volkswagen AG

QuantumScape, a solid-state battery maker backed by Bill Gates and Volkswagen AG (OTC: VWAGY), is going public via SPAC Kensington Capital Acquisition (NYSE: KCAC).

Bill Gates And Volkswagen-Backed EV Battery Maker QuantumScape Going Public Via SPAC

QuantumScape, the 10-year-old Silicon Valley battery startup backed by Volkswagen AG , said on Thursday it plans to go public through a reverse merger with Kensington Capital Acquisition Corp with an enterprise value of $3.3 billion.

VW-backed U.S. battery maker QuantumScape to go public at $3.3 billion valuation

News for Kensington Capital Acquisition Corp. II Stock (KCAC)