Volkswagen America may or may not be changing its name to Voltswagen, maybe.
Editor’s Note: On Tuesday March 30th, the day after this article was originally published, Volkswagen of America doubled down on its stunt and put out a finished version of the press release. Tuesday afternoon, though, the company admitted the whole thing was an “April Fool’s joke” gone wrong. For m...
QuantumScape’s share sale to fund solid-state battery production roils its market value
QuantumScape has issued a share offering to pay for an expanded pilot production line for its solid-state batteries just months after it became a publicly traded company via a reverse merger. QuantumScape said in a regulatory filing that the net proceeds from its sale of 13 million shares — along wi...
QuantumScape has issued a share offering to pay for an expanded pilot production line for its solid-state batteries just months after it became a publicly traded company via a reverse merger.
QuantumScape said in a regulatory filing that the net proceeds from its sale of 13 million shares — along with an additional 1.95 million shares if underwriters exercise that option — could be much as $859 million based upon an assumed public offering price of $59.34 per share. The offering is expected to be priced after the market closes Wednesday, Bloomberg reported. The funds will be used to build a larger pre-pilot line called QS-0 and cover its part of a joint venture with Volkswagen Group for an expanded manufacturing facility known as QS-1.
Investors haven’t responded well in the hours following the initial offering, with prices falling more than 13% since launching the share offering. The market’s response is likely tied to the surprising timing of this share offering. Just six months ago, QuantumScape agreed to merge with a special purpose acquisition company (Kensington Capital Acquisition Corp.). At the time, QuantumScape said it was able to raise more than $700 million through the business combination, a figure that includes $500 million in private investment in public equity, or PIPE. The raise was anchored by institutional investors, including Fidelity Management & Research Company and Janus Transaction.
Software that produces electronic music to match a genre?
I am looking for a software to make music that maybe even goes as far as setting up a beat/some basic music based on genre that can be tweeked to produce different songs.
If it is already in the stickies I'll find it and delete this.
Newcomer to this forum.
I use the lubuntu lts. Does everybody else like lxqt or are there things you prefered lxde for?