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QuantumScape | PRE 14A: Preliminary proxy statements relating to merger or acquisition

SEC announcement ·  Apr 19 17:15
Summary by Moomoo AI
QuantumScape Corporation, a leader in the development of solid-state battery technology, has announced its annual meeting of stockholders to be held virtually on June 11, 2024. The meeting will address corporate governance, including the election of 12 directors, the ratification of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024, and advisory votes on executive compensation and the amendment of the Certificate of Incorporation to permit the exculpation of certain officers. QuantumScape's mission to revolutionize energy storage for a sustainable future is underscored by its significant milestones, including the shipment of A0 prototype cells and the announcement of its first planned commercial product, QSE-5. The company's financial position was strengthened with a public follow...Show More
QuantumScape Corporation, a leader in the development of solid-state battery technology, has announced its annual meeting of stockholders to be held virtually on June 11, 2024. The meeting will address corporate governance, including the election of 12 directors, the ratification of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024, and advisory votes on executive compensation and the amendment of the Certificate of Incorporation to permit the exculpation of certain officers. QuantumScape's mission to revolutionize energy storage for a sustainable future is underscored by its significant milestones, including the shipment of A0 prototype cells and the announcement of its first planned commercial product, QSE-5. The company's financial position was strengthened with a public follow-on offering, ending 2023 with over $1 billion in liquidity. QuantumScape's co-founder, Jagdeep Singh, initiated a CEO succession planning process in 2023, resulting in Dr. Siva Sivaram assuming the role of President and CEO in February 2024. The annual meeting will also provide an opportunity for stockholders to vote on proposals and engage with the board on the company's progress and strategic direction.
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