Quanergy Systems, Inc.

Quanergy Systems, Inc. (NYSE: QNGY) is a LiDAR technology and smart sensing company that completed its SPAC merger with COVA Acquisition Corp in February 2022, listing on the New York Stock Exchange. COVA Acquisition Corp, sponsored by COVA Management LLC, conducted its IPO in 2021 targeting technology-sector opportunities in industrial automation, security, and smart spaces. The Form 8-K filed December 13, 2022 marks a pivotal post-merger development: Quanergy sought Chapter 11 bankruptcy protection that month amid sustained liquidity pressures, underscoring the operational challenges that can follow a de-SPAC transaction. Sign up at SpacDesk for full filing history, sponsor profiles, and real-time alerts on Quanergy and hundreds of other SPAC transactions.