New Bankruptcy Filing - Quanergy Systems Inc.

“[A]ccess to capital has been significantly limited…” — Geoffrey Richards, Senior Managing Director at Raymond James & Associates, Quanergy’s proposed investment banker.

This ⬆️ is a theme you’re likely to see over and over again as the SPAC craziness that unfolded in ‘21 and early ‘22 shakes out here at the end of ‘22 and into ‘23.

Another theme you’re…