QuantumScape Raises $300M Via Equity Offering


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


QuantumScape Corporation (NYSE:QS) has unveiled the pricing of its underwritten public offering of 37.5 million shares of its Class A common stock for gross proceeds of $300 million.

QuantumScape has granted the underwriters a 30-day option to purchase up to an additional 5.62 million shares at the public offering price, less the underwriting discount.

The public offering is expected to close on August 8, 2023, subject to customary closing conditions.

Price Action: QS shares are trading lower by 9.19% at $8.00 in premarket on the last check Friday.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: EquitiesNewsOfferingsMarketsGeneralBriefs