secwatch.observer — SEC 8-K summary
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Issuer:     QuantumScape Corp (QS)
CIK:        0001811414
Form:       8-K
Filed at:   2026-07-22T20:02:55+00:00
Accession:  0001193125-26-312381
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuantumScape amends PowerCo collaboration; $75.4M milestone-based payments
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- Amendment replaces prior SOW-1 with SOW-2; milestones focus on automotive cell development and larger format cells.
- Maximum aggregate payments from PowerCo of $75.4M, inclusive of amounts paid to date, based on milestone achievement.
- PowerCo may produce up to 500 MWh of QS battery cells for demonstration fleet at its discretion.
- Prior SOW-1 terminated; outstanding invoices to PowerCo remain due.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1811414/000119312526312381/0001193125-26-312381-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1811414/000119312526312381/qs-20260716.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-312381

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer