Press release
Investigation announced for Investors in shares of Quanergy Systems, Inc. (NYSE: QNGY) over possible Violations of Securities Laws
An investigation for investors in Quanergy Systems, Inc. (NYSE: QNGY) shares over potential securities laws violations.
Investors who purchased shares of Quanergy Systems, Inc. (NYSE: QNGY), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Quanergy Systems, Inc. (NYSE: QNGY) concerning whether a series of statements by Quanergy Systems, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Sunnyvale, CA based Quanergy Systems, Inc. develops and markets light detection and ranging (LiDAR) solutions for automotive and IoT applications. Quanergy Systems, Inc. reported that its annual Total Revenue rose from $3.01 million in 2020 to $3.92 million in 2021, and that its Net Loss increased from $35.83 million in 2020 to over $63.54 million in 2021.
In June 2021, Quanergy Systems, Inc. said it has agreed to merge with special purpose acquisition company ("SPAC") CITIC Capital Acquisition Corp.
Quanergy Systems, Inc. became a publicly listed company on February 8, 2022 after completing a business combination with CITIC Capital Acquisition Corp.
Shares of Quanergy Systems, Inc. (NYSE: QNGY) declined from $133 per share on February 18, 2022 to as low as $1.082 per share on October 24, 2022.
Those who purchased shares of Quanergy Systems, Inc. (NYSE: QNGY) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Investigation announced for Investors in shares of Quanergy Systems, Inc. (NYSE: QNGY) over possible Violations of Securities Laws here
News-ID: 2778843 • Views: …
More Releases from Shareholders Foundation
Investors who lost money with shares of AST SpaceMobile, Inc. (NASDAQ: ASTS) sho …
An investor, who purchased shares of AST SpaceMobile, Inc. (NASDAQ: ASTS), filed a lawsuit over alleged violations of Federal Securities Laws by AST SpaceMobile, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of AST SpaceMobile, Inc. (NASDAQ: ASTS) have certain options and for certain investors are short and strict deadlines running. Deadline: June 17, 2024. NASDAQ: ASTS investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
Lawsuit filed for Investors who lost money with shares of Sharecare, Inc. (NASDA …
An investor, who purchased shares of Sharecare, Inc. (NASDAQ: SHCR), filed a lawsuit over alleged violations of Federal Securities Laws by Sharecare, Inc.
Investors who purchased shares of Sharecare, Inc. (NASDAQ: SHCR) have certain options and for certain investors are short and strict deadlines running. Deadline: June 18, 2024. NASDAQ: SHCR investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Atlanta, GA based Sharecare, Inc. operates as…
Lawsuit filed for Investors who lost money with shares of Doximity, Inc. (NYSE: …
An investor, who purchased shares of Doximity, Inc. (NYSE: DOCS), filed a lawsuit over alleged violations of Federal Securities Laws by Doximity, Inc. in connection with certain allegedly false and misleading statements.
Invesors who purchased shares of Doximity, Inc. (NYSE: DOCS) have certain options and for certain investors are short and strict deadlines running. Deadline: June 17, 2024. NYSE: DOCS investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858)…
Lawsuit for Investors in Sonder Holdings Inc. (NASDAQ: SOND) filed in effort to …
An investor, who purchased shares of Sonder Holdings Inc. (NASDAQ: SOND), filed a lawsuit over alleged violations of Federal Securities Laws by Sonder Holdings Inc in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Sonder Holdings Inc. (NASDAQ: SOND) have certain options and for certain investors are short and strict deadlines running. Deadline: June 10, 2024. NASDAQ: SOND investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
More Releases for Quanergy
Automotive Lidar Sensor Market 2021 Precise Outlook - Velodyne, ibeo, Quanergy S …
The Automotive Lidar Sensor Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.
The global Automotive…
Lidar Mapping Market 2021 Disclosing Latest Advancements- Velodyne, ibeo, Quaner …
Global Lidar Mapping Market Report 2021 – 2027 is a believable source for gaining the market research that will exponentially accelerate your business. SWOT and Porter’s five analysis are also effectively discussed to analyze informative data such as cost, prices, revenue, and end-users. The Report initially provides an overview of the industry that covers definition, applications and technology, post which the report explores into the international players in the market. The…
Automotive Lidar Sensor Market Worth Observing Massive Growth: Velodyne, Quanerg …
The recently revealed Report titled Global Automotive Lidar Sensor Market report presents the market analysis on the basis of several factors. Report gives the in-depth analysis on the major countries of key regions where the market is growing. In addition, report describes the wide-ranging knowledge about the major companies in this industry and the key strategies accepted by them to survive and rise in the studied industry.
Request to Get Free…
Global LiDar Market 2026: Quanergy,Velodyne LiDAR Inc.,Continental AG,LeddarTech …
A new high-end research report documentation estimating multiple developments and growth touchpoints has been included in the versatile report repository. At the backdrop of steaming competition and fast growing vendor landscape with the addition of new players in the competition isle, this report on global LiDar market is an ideal tool to allow market players in designing novel investment plans to revive growth.
The report is a highly influential document to…
Global Automotive Lidar Sensor Market 2018 - Velodyne, Ibeo, Quanergy Systems, L …
The detailed research on Global Automotive Lidar Sensor Market reports offers a specific market study and outlook prospects of the market. The report helps the user to strengthen decisive power to plan their strategic moves to launch or expand their businesses by offering them a clear picture of this market. Automotive Lidar Sensor Industry provides the overview with growth analysis and historical & futuristic cost, revenue, demand and supply data…
LiDAR for Automotive Market Is Thriving Worldwide | Innoviz Technologies, Leddar …
HTF MI recently introduced Global LiDAR for Automotive Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Continental AG, Delphi Automotive, PLC, First Sensor AG, Infineon Technologies…
