{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-054183","form_type":"8-K","ticker":"QS","cik":"0001811414","company_name":"QuantumScape Corp","filed_at":"2023-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.694502+00:00","generated_at":"2026-06-18T22:33:33.400239+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"QuantumScape launches $400M at-the-market equity offering program","bullets":["Entered Distribution Agreements with J.P. Morgan, Cowen, Deutsche Bank, and UBS for ATM offering.","May sell up to $400M of Class A common stock over three years; no obligation to sell.","Proceeds intended for working capital and general corporate purposes.","Sales agents receive up to 3% commission on shares sold.","Board-appointed placement committee sets sale parameters including price and volume."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-054183","json":"https://secwatch.observer/filing/0001193125-23-054183.json","markdown":"https://secwatch.observer/filing/0001193125-23-054183.md","text":"https://secwatch.observer/filing/0001193125-23-054183.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1811414/000119312523054183/0001193125-23-054183-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1811414/000119312523054183/d433476d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T22:33:33.400239+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"123f334c207329d082433050b4d2d2bc2d72e9d3","claim":"QuantumScape Corp entered into Distribution Agreements with J.P. Morgan Securities LLC, Cowen and Company, LLC, Deutsche Bank Securities Inc. and UBS Securities LLC valued at up to $400,000,000 (effective 2023-02-28).","evidence_excerpt":"On February 28, 2023, in connection with the launch of an “at the market” offering program, QuantumScape Corporation (the “Company”) entered into separate Distribution Agreements (each a “Distribution Agreement” and together the “Distribution Agreements”) with J.P. Morgan Securities LLC, Cowen and Company, LLC, Deutsche Bank Securities Inc. and UBS Securities LLC (each a “Sales Agent” and together the “Sales Agents”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1811414/000119312523054183/0001193125-23-054183-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"atm program"},{"label":"Counterparty","value":"J.P. Morgan Securities LLC, Cowen and Company, LLC, Deutsche Bank Securities Inc. and UBS Securities LLC"},{"label":"Value","value":"up to $400,000,000"},{"label":"Effective","value":"2023-02-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}