Corporate Universe Inc (COUV)

[trader59]

Quantumscape has a viable technology and investors who took a stake when it was in R&D and a private company. It is a real company with real investors, and still their advancement is half a decade away.

They've even advanced their technology beyond the "running a drill motor" or "running a scooter" phase. That's why they've received the investment and went public with a SPAC rather than failing and latching onto a non-reporting, stinky pink shell company.

This company's tech did not advance, and it was very clear when the folks from looked under the hood.

https://www.businesscloud.co.uk/news/what-really-happened-at-zapgo/

I'll say it again, there is no universe in which a viable EV battery technology lands in the laps of bagholder of a non-reporting, stinky pink shell company. If the technology is viable, then real EV companies or venture capitalists will invest in it, and "going public" will be done in a manner which gives the company working capital for the stock being sold.

This is simply a pump and dump.