8-K
filed May 6, 2026, 7:59 PM ET
ticker QLEP
CIK 0002102155
other material
confidence high
sentiment neutral
materiality 0.75
Quantum Leap Acquisition Corp closes $200M SPAC IPO on NYSE
Quantum Leap Acquisition Corp
- Priced 20M units at $10.00/unit; gross proceeds $200M; units trade as QLEPU.
- Underwriters granted 45-day option to purchase up to 3M additional units.
- Private placement of 594,500 units to sponsor for $5.945M; $202M placed in trust.
- Board appointed: Richard Jhang, Joel Leonoff, David Novak; Audit and Compensation committees formed.
- Each unit: one Class A ordinary share + one warrant exercisable at $11.50/share.
Key facts
Extracted from this filing and checked against the source text.
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
Quantum Leap Acquisition Corp issued 594,500 units of unit to Paddington Partners 88 LLC (the Sponsor) for $10.00 per Private Placement Unit for an aggregate purchase price of $5,945,000.
- Security
- unit
- Shares
- 594,500 units
- Purchaser
- Paddington Partners 88 LLC (the Sponsor)
- Consideration
- $10.00 per Private Placement Unit for an aggregate purchase price of $5,945,000
Exact text from the filing
the Company completed the private sale of an aggregate of 594,500 units (the “Private Placement Units”) to the Sponsor at a price of $10.00 per Private Placement Unit for an aggregate purchase price of $5,945,000.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
David Novak was appointed as Director at Quantum Leap Acquisition Corp.
- Action
- appointed
- Role
- Director
Exact text from the filing
Richard Jhang, Joel Leonoff, and David Novak (collectively with Kervin Pillay, Haydar Haba, and David James Chapman, the "Directors") were appointed to the board of directors of the Company (the "Board").
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Richard Jhang was appointed as Director at Quantum Leap Acquisition Corp.
- Action
- appointed
- Role
- Director
Exact text from the filing
Richard Jhang, Joel Leonoff, and David Novak (collectively with Kervin Pillay, Haydar Haba, and David James Chapman, the "Directors") were appointed to the board of directors of the Company (the "Board").
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Joel Leonoff was appointed as Director at Quantum Leap Acquisition Corp.
- Action
- appointed
- Role
- Director
Exact text from the filing
Richard Jhang, Joel Leonoff, and David Novak (collectively with Kervin Pillay, Haydar Haba, and David James Chapman, the "Directors") were appointed to the board of directors of the Company (the "Board").
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Quantum Leap Acquisition Corp: Filed amended and restated memorandum and articles of association in connection with the IPO, effective April 29, 2026 (effective 2026-04-29).
- Change
- charter amendment
- Effective
- 2026-04-29
Exact text from the filing
In connection with the IPO, the Company filed its amended and restated memorandum and articles of association (the “Amended and Restated Memorandum and Articles of Association”) with the Cayman Islands Registrar of Companies. The Amended and Restated Memorandum and Articles of Association have an effective date of April 29, 2026, being the date on which the special resolution to adopt the Amended and Restated Memorandum and Articles of Association was passed.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Quantum Leap Acquisition Corp entered into Underwriting Agreement with A.G.P./Alliance Global Partners valued at Gross proceeds of $200,000,000 (effective 2026-04-30).
- Action
- entry
- Agreement
- underwriting
- Counterparty
- A.G.P./Alliance Global Partners
- Value
- Gross proceeds of $200,000,000
- Effective
- 2026-04-30
Exact text from the filing
An Underwriting Agreement, dated April 30, 2026, by and among the Company and A.G.P./Alliance Global Partners (“A.G.P.”), as representatives of the several underwriters, a copy of which is attached as Exhibit 1.1 hereto and incorporated herein by reference.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Quantum Leap Acquisition Corp entered into Letter Agreement with Company, its officers, its directors and the Sponsor (effective 2026-05-04).
- Action
- entry
- Counterparty
- Company, its officers, its directors and the Sponsor
- Effective
- 2026-05-04
Exact text from the filing
A Letter Agreement, dated May 4, 2026, by and among the Company, its officers, its directors and the Sponsor, a copy of which is attached as Exhibit 10.5 hereto and incorporated herein by reference.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Quantum Leap Acquisition Corp entered into Warrant Agreement with Continental Stock Transfer & Trust Company (effective 2026-05-04).
- Action
- entry
- Counterparty
- Continental Stock Transfer & Trust Company
- Effective
- 2026-05-04
Exact text from the filing
A Warrant Agreement, dated May 4, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as rights agent, a copy of which is attached as Exhibit 4.1 hereto and incorporated herein by reference.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Quantum Leap Acquisition Corp entered into Investment Management Trust Agreement with Continental Stock Transfer & Trust Company (effective 2026-05-04).
- Action
- entry
- Counterparty
- Continental Stock Transfer & Trust Company
- Effective
- 2026-05-04
Exact text from the filing
An Investment Management Trust Agreement, dated May 4, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as trustee, a copy of which is attached as Exhibit 10.1 hereto and incorporated herein by reference.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Quantum Leap Acquisition Corp entered into Administrative Services Agreement with Paddington Partners 88 LLC (effective 2026-05-04).
- Action
- entry
- Counterparty
- Paddington Partners 88 LLC
- Effective
- 2026-05-04
Exact text from the filing
An Administrative Services Agreement, dated May 4, 2026, by and between the Company and Paddington Partners 88 LLC, which is attached as Exhibit 10.7 hereto and incorporated herein by reference.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Quantum Leap Acquisition Corp entered into Registration Rights Agreement with Paddington Partners 88 LLC and A.G.P./Alliance Global Partners (effective 2026-05-04).
- Action
- entry
- Counterparty
- Paddington Partners 88 LLC and A.G.P./Alliance Global Partners
- Effective
- 2026-05-04
Exact text from the filing
A Registration Rights Agreement, dated May 4, 2026, by and among the Company, Paddington Partners 88 LLC (the “Sponsor”), and A.G.P., as representatives of the several underwriters, a copy of which is attached as Exhibit 10.2 hereto and incorporated herein by reference.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Quantum Leap Acquisition Corp entered into Private Placement Units Purchase Agreement with Paddington Partners 88 LLC (effective 2026-05-04).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- Paddington Partners 88 LLC
- Effective
- 2026-05-04
Exact text from the filing
A Private Placement Units Purchase Agreement, dated May 4, 2026 (the “Sponsor Private Placement Units Purchase Agreement”), by and between the Company and the Sponsor, a copy of which is attached as Exhibit 10.3 hereto and incorporated herein by reference.
View on SEC.gov
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