Quanergy Systems, Inc.

Quanergy Systems, Inc. (NYSE: QNGY) is a LiDAR sensor manufacturer that completed its business combination with COVA Acquisition Corp in February 2022, listing on the NYSE after COVA's 2021 IPO. The company develops three-dimensional sensing technology targeting automotive safety, smart-city infrastructure, and industrial automation applications. By late 2022, Quanergy faced acute financial strain; a December 2022 8-K disclosed the company's Chapter 11 bankruptcy filing, underscoring the operational and capital challenges confronting a number of LiDAR firms that reached public markets through SPAC transactions. QNGY shares were subsequently delisted. For complete filing histories, status updates, and deal analytics on Quanergy and the broader SPAC universe, sign up for full data at SpacDesk.