QuantumScape Terminates Material Definitive Agreement

Ticker: QS · Form: 8-K · Filed: 2025-07-09T00:00:00.000Z

Sentiment: neutral

Topics: agreement-termination, material-event

Related Tickers: QS

TL;DR

QS terminated a big deal, details to follow.

AI Summary

QuantumScape Corporation announced on July 8, 2025, the termination of a material definitive agreement. The company, incorporated in Delaware, filed this 8-K report on July 9, 2025, detailing the event. The principal executive offices are located at 1730 Technology Drive, San Jose, California.

Why It Matters

The termination of a material definitive agreement can significantly impact a company's operations, partnerships, and financial standing, requiring investor attention.

Risk Assessment

Risk Level: medium — Termination of a material definitive agreement introduces uncertainty regarding the company's strategic direction and financial commitments.

Key Players & Entities

FAQ

What specific material definitive agreement was terminated by QuantumScape Corporation?

The filing states that the report is for the 'Termination of a Material Definitive Agreement' but does not specify which agreement was terminated.

When was the termination of the material definitive agreement effective?

The earliest event reported is July 08, 2025, indicating the termination likely occurred on or around this date.

What is QuantumScape Corporation's principal executive office address?

QuantumScape Corporation's principal executive offices are located at 1730 Technology Drive, San Jose, California, 95110.

In which state was QuantumScape Corporation incorporated?

QuantumScape Corporation was incorporated in Delaware.

What is the Commission File Number for QuantumScape Corporation?

The Commission File Number for QuantumScape Corporation is 001-39345.

From the Filing

0000950170-25-094793.txt : 20250709 0000950170-25-094793.hdr.sgml : 20250709 20250709162118 ACCESSION NUMBER: 0000950170-25-094793 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 10 CONFORMED PERIOD OF REPORT: 20250708 ITEM INFORMATION: Termination of a Material Definitive Agreement FILED AS OF DATE: 20250709 DATE AS OF CHANGE: 20250709 FILER: COMPANY DATA: COMPANY CONFORMED NAME: QuantumScape Corp CENTRAL INDEX KEY: 0001811414 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] ORGANIZATION NAME: 04 Manufacturing EIN: 850796578 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39345 FILM NUMBER: 251113825 BUSINESS ADDRESS: STREET 1: 1730 TECHNOLOGY DRIVE CITY: SAN JOSE STATE: CA ZIP: 95110 BUSINESS PHONE: (408) 452-2000 MAIL ADDRESS: STREET 1: 1730 TECHNOLOGY DRIVE CITY: SAN JOSE STATE: CA ZIP: 95110 FORMER COMPANY: FORMER CONFORMED NAME: Kensington Capital Acquisition Corp. DATE OF NAME CHANGE: 20200505 8-K 1 qs-20250708.htm 8-K 8-K 0001811414 false 0001811414 2025-07-08 2025-07-08   UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 08, 2025     QuantumScape Corporation (Exact name of Registrant as Specified in Its Charter)     Delaware 001-39345 85-0796578 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)           1730 Technology Drive   San Jose , California   95110 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s Telephone Number, Including Area Code: 408 452-2000   n/a (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Class A Common Stock, par value $0.0001 per share   QS   The New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐     Item 1.02 Termination of a Material Definitive Agreement.   On July 8, 2025, QuantumScape Battery, Inc. (the “Company”), a wholly owned subsidiary of QuantumScape Corporation (“Parent”), and MLC V SC – Automation, LLC (the “Landlord”) entered into a Lease Termination Agreement (the “Termination Agreement”) to terminate the Company’s lease (the “Lease”) for certain premises outside of the Company’s headquarters, consisting of approximately 80,641 rentable square feet of space located in San Jose, California (the “Premises”), effective as of August 1, 2025 (the &#8220

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