/PRNewswire/ The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed against QuantumScape.
American EV maker Fisker completed its reverse merger with Spartan Energy Acquisition Corp. on 29th of October last year. Regardless of its name, Spartan Energy had no link with the energy sector. Instead, it was a special purpose acquisition entity that got listed with the sole purpose of merging with a private company.
Phoenix-headquartered Nikola Corp. went public in June 2020, through its merger with a blank-check company called VectoIQ Acquisition Corporation. Now, Nikola is trading on the NASDAQ without offering an IPO.
QuantumScape went public by merging with Kensington Capital Acquisition, a blank-check company that was listed on the New York Stock Exchange (NYSE) with the sole purpose of merging with a private, unlisted entity.
NEW YORK, Jan. 31, 2021 /PRNewswire/ Pomerantz LLP announces that a class action lawsuit has been filed against QuantumScape Corporation f/k/a Kensington Capital Acquisition Corp. ("Kensington")