Quanergy Systems is set to become the 7th lidar company to list on the US stock market through a SPAC merger in little over a year. The proposed deal, with Cayman Islands investor CITIC Capital Acquisition Corp (CCAC), should release $278m to support the company’s development.If the SPAC agreement proceeds as expected, it will see Quanergy join…
To access this post, you must register DVN Lighting Gold Membership.