---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-058447"
form_type: "8-K"
ticker: "QLEP"
cik: "0002102155"
company_name: "Quantum Leap Acquisition Corp"
filed_at: "2026-05-18T20:14:31+00:00"
generated_at: "2026-05-18T20:17:01.571765+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Quantum Leap SPAC closes IPO + partial over-allotment; auditor flags going concern

## Summary
- IPO of 20M units at $10.00 closed May 4; partial over-allotment of 917,392 units closed May 12.
- Aggregate $211,314,501 held in trust; $1,594,744 cash outside trust for working capital.
- Auditor raises substantial doubt about going concern due to limited cash and high pursuit costs.
- Company has 18 months (to Nov 2027) to complete a business combination or dissolve.
- After over-allotment, 572,717 Class B shares remain subject to forfeiture.

## SEC filing metadata
- accession: 0001213900-26-058447
- form_type: 8-K
- ticker: QLEP
- cik: 0002102155
- company_name: Quantum Leap Acquisition Corp
- filed_at: 2026-05-18T20:14:31+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2102155/000121390026058447/0001213900-26-058447-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2102155/000121390026058447/ea0291246-8k_quantum.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-058447
- JSON: https://secwatch.observer/filing/0001213900-26-058447.json
- Plain text: https://secwatch.observer/filing/0001213900-26-058447.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
