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Common Stock (Tables)
6 Months Ended
Jun. 30, 2022
Stockholders' Equity Note [Abstract]  
Summary of Stock by Class

 

 

February 8, 2022

 

 

 

(Closing Date)

 

 

 

Preferred
Stock Shares

 

 

Exchange
Ratio

 

 

Common
Stock Shares

 

Series Seed Convertible Preferred Stock (Legacy Quanergy)

 

 

2,231,248

 

 

 

3.8799

 

 

 

8,657,100

 

Series Seed-2 Convertible Preferred Stock (Legacy Quanergy)

 

 

495,417

 

 

 

3.8799

 

 

 

1,922,184

 

Series A Convertible Preferred Stock (Legacy Quanergy)

 

 

3,233,871

 

 

 

3.8799

 

 

 

12,547,237

 

Series A Plus Convertible Preferred Stock (Legacy Quanergy)

 

 

790,500

 

 

 

3.8799

 

 

 

3,067,096

 

Series B Convertible Preferred Stock (Legacy Quanergy)

 

 

778,839

 

 

 

11.5423

 

 

 

8,989,588

 

Series C Convertible Preferred Stock (Legacy Quanergy)

 

 

165,237

 

 

 

14.3118

 

 

 

2,364,817

 

Total

 

 

7,695,112

 

 

 

 

 

 

37,548,022

 

Summary of common stock warrants outstanding to purchase shares of common stock

As of June 30, 2022, the Company had the following common stock warrants outstanding to purchase shares of the Company’s common stock:

 

 

 

 

 

 

Exercise

 

 

 

 

 

Shares

 

 

Price

 

 

Expiration

Public Warrants

 

 

13,799,988

 

 

$

11.50

 

 

February 2027

Private Placement Warrants

 

 

7,520,000

 

 

 

11.50

 

 

February 2027

GEM Warrants

 

 

3,397,923

 

 

 

10.00

 

 

February 2025

2023 Notes Warrants

 

 

5,285,636

 

 

 

0.01

 

 

March 2025

Total

 

 

30,003,547