NYSE:AMPX.WS - Post by User
Post by
Pucci1989on Mar 20, 2023 1:04pm
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Post# 35349211
QuantumScape discloses 'low single-digit' liquidity exposure
QuantumScape discloses 'low single-digit' liquidity exposurehttps://seekingalpha.com/news/3946618-quantumscape-discloses-low-single-digit-liquidity-exposure-to-silicon-valley-bank QuantumScape discloses 'low single-digit' liquidity exposure to Silicon Valley Bank
QuantumScape Corporation (NYSE:QS) disclosed in a SEC filing after the closing bell on Friday that the company is aware of the current situation affecting Silicon Valley Bank.
The maker of solid state lithium metal batteries noted that it has very limited exposure to Silicon Valley Bank, with only a low single digit percentage exposure relative to both the company's total liquidity and total assets.
Shares of QuantumScape (QS) gained 2.05% in postmarket trading.
Dig through the QuantumScape financials over time.