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Sunnyvale lidar startup Quanergy's merger with Chinese SPAC wins shareholder OK – NewsBreak

News Snapshot:

Lidar maker Quanergy Systems Inc.'s plan to go public in a merger with a Hong Kong-based blank check company got a green light on Monday. Shareholders of Citic Capital Acquisition Corp. voted overwhelmingly to approve the deal, according to a regulatory filing by the special purpose acquisition company. But…

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