8-K
filed April 17, 2026, 7:59 PM ET
ticker QRED
CIK 0002085177
other material
confidence high
sentiment neutral
materiality 0.50
QuasarEdge Acquisition Corp closes $100M IPO, places $2.85M private units
QuasarEdge Acquisition Corp
- Closed IPO of 10,000,000 units at $10.00/unit, gross proceeds $100,000,000.
- Private placement of 285,000 units to sponsor for $2,850,000.
- Total $103,500,000 deposited into trust account for public shareholders.
- Appointed Wei (Victor) Zhang, Daniel McCabe and Ping Zhang as independent directors.
- Units began trading on NYSE under 'QREDU' on April 15, 2026.
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
QuasarEdge Acquisition Corp issued 285,000 units of unit to Aspira Capital Consulting LTD for $10.00 per Private Unit, generating aggregate gross proceeds of $2,850,000.
- Security
- unit
- Shares
- 285,000 units
- Purchaser
- Aspira Capital Consulting LTD
- Consideration
- $10.00 per Private Unit, generating aggregate gross proceeds of $2,850,000
Exact text from the filing
Simultaneously with the consummation of the IPO, the Company consummated a private placement (the “Private Placement”) with Aspira Capital Consulting LTD (the “Sponsor”) of 285,000 units (the “Private Units”) at a price of $10.00 per Private Unit, generating aggregate gross proceeds of $2,850,000.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
QuasarEdge Acquisition Corp: Adopted Second Amended and Restated Memorandum and Articles of Association, replacing the prior Amended and Restated Memorandum and Articles of Association (effective 2026-04-13).
- Change
- charter amendment
- Effective
- 2026-04-13
Exact text from the filing
On April 13, 2026, the Company adopted its Second Amended and Restated Memorandum and Articles of Association, which replaced the Company’s previously effective Amended and Restated Memorandum and Articles of Association.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
QuasarEdge Acquisition Corp entered into Investment Management Trust Agreement with Continental Stock Transfer & Trust Company valued at Investment Management Trust Agreement dated April 16, 2026 by and between the Company and Continenta (effective 2026-04-16).
- Action
- entry
- Counterparty
- Continental Stock Transfer & Trust Company
- Value
- Investment Management Trust Agreement dated April 16, 2026 by and between the Company and Continenta
- Effective
- 2026-04-16
Exact text from the filing
Investment Management Trust Agreement, dated April 16, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as trustee, a copy of which is filed 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
QuasarEdge Acquisition Corp entered into Underwriting Agreement with Polaris Advisory Partners, a division of Kingswood Capital Partners LLC valued at Underwriting Agreement dated April 14, 2026 for IPO of 10,000,000 units at $10.00 per unit, gross pr (effective 2026-04-14).
- Action
- entry
- Agreement
- underwriting
- Counterparty
- Polaris Advisory Partners, a division of Kingswood Capital Partners LLC
- Value
- Underwriting Agreement dated April 14, 2026 for IPO of 10,000,000 units at $10.00 per unit, gross pr
- Effective
- 2026-04-14
Exact text from the filing
Polaris Advisory Partners, a division of Kingswood Capital Partners LLC, acted as the sole book-running manager in connection with the offering pursuant to the Underwriting Agreement dated April 14, 2026.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
QuasarEdge Acquisition Corp entered into Rights Agreement with Continental Stock Transfer & Trust Company valued at Rights Agreement dated April 16, 2026 by and between the Company and Continental Stock Transfer & Tr (effective 2026-04-16).
- Action
- entry
- Counterparty
- Continental Stock Transfer & Trust Company
- Value
- Rights Agreement dated April 16, 2026 by and between the Company and Continental Stock Transfer & Tr
- Effective
- 2026-04-16
Exact text from the filing
Rights Agreement, dated April 16, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as rights agent, a copy of which is filed 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 0.9
QuasarEdge Acquisition Corp entered into Administrative Services Agreement with Equinox Capital Solutions Limited valued at Administrative Services Agreement dated April 16, 2026 by and between the Company and Equinox Capita (effective 2026-04-16).
- Action
- entry
- Counterparty
- Equinox Capital Solutions Limited
- Value
- Administrative Services Agreement dated April 16, 2026 by and between the Company and Equinox Capita
- Effective
- 2026-04-16
Exact text from the filing
Administrative Services Agreement, dated April 16, 2026, by and between the Company and Equinox Capital Solutions Limited, a copy of which is filed 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 0.9
QuasarEdge Acquisition Corp entered into Letter Agreement with Aspira Capital Consulting LTD valued at Letter Agreement dated April 16, 2026 by and among the Company, its officers and directors, and Aspi (effective 2026-04-16).
- Action
- entry
- Counterparty
- Aspira Capital Consulting LTD
- Value
- Letter Agreement dated April 16, 2026 by and among the Company, its officers and directors, and Aspi
- Effective
- 2026-04-16
Exact text from the filing
Letter Agreement, dated April 16, 2026, by and among the Company, its officers and directors, and Aspira Capital Consulting LTD, a copy of which is filed 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
QuasarEdge Acquisition Corp entered into Private Unit Subscription Agreement with Equinox Capital Solutions Limited (the Sponsor) valued at Private Unit Subscription Agreement dated April 16, 2026 by and between the Company and Equinox Capi (effective 2026-04-16).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- Equinox Capital Solutions Limited (the Sponsor)
- Value
- Private Unit Subscription Agreement dated April 16, 2026 by and between the Company and Equinox Capi
- Effective
- 2026-04-16
Exact text from the filing
Private Unit Subscription Agreement, dated April 16, 2026, by and between the Company and Equinox Capital Solutions Limited (the "Sponsor"), a copy of which is filed as Exhibit 10.4 hereto and incorporated herein by reference;
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.85
QuasarEdge Acquisition Corp entered into Registration Rights Agreement with Sponsor valued at Registration Rights Agreement dated April 16, 2026 by and between the Company and the Sponsor (effective 2026-04-16).
- Action
- entry
- Counterparty
- Sponsor
- Value
- Registration Rights Agreement dated April 16, 2026 by and between the Company and the Sponsor
- Effective
- 2026-04-16
Exact text from the filing
Registration Rights Agreement, dated April 16, 2026, by and between the Company and the Sponsor, a copy of which is filed as Exhibit 10.3 hereto and incorporated herein by reference;
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.