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Share this article Share this article NEW YORK, July 16, 2021 /PRNewswire/ Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated  Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating  CITIC Capital Acquisition Corp. ( CCAC or the Company ) (CCAC ) relating to its proposed merger with Quanergy Systems. Under the terms of the agreement, CCAC will acquire Quanergy through a reverse merger, with Quanergy emerging as a publicly traded company. The investigation focuses on whether CITIC Capital Acquisition Corp. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued.

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