Quanergy Systems stock slides after pricing $16.7M securities offering

Oct. 31, 2022 5:51 AM ETQuanergy Systems, Inc. (QNGYQ)By: Preeti Singh, SA News Editor
  • Quanergy Systems (NYSE:QNGY) shares fell 68% premarket on Monday after the LiDAR sensor firm priced its $16.7M underwritten public offering of stocks and warrants.
  • The offering is comprised of 9.8M units, with each unit consisting of one share of common stock, par value $0.0001 per

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