QuantumScape Corporation
QuantumScape to Transfer Stock Exchange Listing to Nasdaq
Summary
QuantumScape Corporation announced on December 10, 2025, its intention to voluntarily delist its Class A Common Stock from the New York Stock Exchange (NYSE) and transfer the listing to The Nasdaq Stock Market LLC (Nasdaq). Trading on NYSE is expected to end at market close on December 22, 2025, with Nasdaq trading beginning at market open on December 23, 2025. The company has met all Nasdaq listing requirements and expects a smooth transition. This announcement was made in a press release furnished as Exhibit 99.1.
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About QuantumScape Corporation
QuantumScape Corporation is a leading technology company specializing in the development and commercialization of advanced solid-state lithium-metal batteries. Its primary function is to innovate in the field of energy storage, specifically targeting the automotive industry with next-generation batteries that promise greater energy density, faster charging times, and enhanced safety compared to traditional lithium-ion alternatives. QuantumScape’s technology aims to revolutionize electric vehicles (EVs), providing a crucial component that can significantly extend driving ranges and reduce charging frequencies, thereby overcoming major barriers to EV adoption. Based in California, QuantumScape collaborates with prominent automotive manufacturers to bring its cutting-edge solutions to market, positioning itself as a pivotal player in the transition to sustainable energy. The company’s efforts are particularly impactful in sectors emphasizing clean energy transitions, such as transportation and renewable energy storage, contributing to the broader effort of reducing global carbon emissions. As such, QuantumScape is recognized for its potential role in shaping the future of green technology and enhancing the viability of electric mobility solutions worldwide.
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