QuantumScape prices 37.5M share offering at $8.00/sh, expects ~$288.7M net proceeds

QuantumScape Corp

Offering of 37,500,000 shares at $8.00 per share; closed on August 8, 2023.
Underwriters have 30-day option to purchase up to 5,625,000 additional shares at same price.
Net proceeds estimated at approximately $288.7M, or $332.1M if option fully exercised.
Company and all executive officers/directors subject to lock-up through November 1, 2023.
Offering made under existing S-3 registration statement; Evercore and Morgan Stanley lead underwriters.

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