Anyone here buy into KCAC?

Caught it in the early morning when it was announced....got in around $14.75....sold out later that day for a little over $20.00.

My only regret was I did not buy more

I have a small number of shares mostly for fun. They are buying out QuantumScape and will take a few years to bring a next generation lithium car battery to market.

This is a long term buy and hold speculative thing that would be big if it worked out and potentially very little or nothing if a competitor developed a better product. They have a major investor in Volkswagen who will presumably plan to install the batteries in their cars.