Quanergy Systems, Inc.

Quanergy Systems, Inc. (NYSE: QNGY) was a Sunnyvale, California-based LiDAR sensor and software company that entered the public markets through a merger with COVA Acquisition Corp., a blank-check vehicle sponsored by COVA Capital Partners that held its IPO in 2021. Operating in the automotive and industrial technology sector, Quanergy developed solid-state LiDAR sensors targeting autonomous vehicles, smart cities, and industrial automation applications. The company completed its de-SPAC transaction and began trading under the QNGY ticker in early 2022. Quanergy subsequently faced sustained commercial headwinds and filed for Chapter 11 bankruptcy protection in January 2023. Sign up for SpacDesk to access the full filing history, deal timeline, and data on QNGY and thousands of other SPAC transactions.