QuantumScape Corporation (QS)

[pauly3]

I know that there is a cashless exercise clause. If in the case that Quantumscape calls for the warrants to be exercised, you will have 90 days to use cash to pay the $11.50 to get your share or if you don’t want to pay the cash, the warrants will be redeemed on a cashless basis with each warrant receiving roughly 1/3 of a share. So if you buy warrants, you may be forced to exercise the warrants at Quantumscapes request, and if you don’t have the 11.50/share cash, they will be exercised in the cashless manner.