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Quanergy to Publicly List Through a Business Combination With CITIC Capital Acquisition Corp. to Democratize Smart LiDAR Solutions for the Automotive and IoT Markets

Quanergy, an industry-leading provider of LiDAR sensors and 3D perception software, has entered into a definitive business combination agreement with CITIC Capital Acquisition Corp. (NYSE: CCAC) Upon closing, the combined company is expected to be