secwatch.observer — SEC 8-K summary
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Issuer:     QuasarEdge Acquisition Corp (QRED)
CIK:        0002085177
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0001829126-26-003763
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuasarEdge Acquisition Corp closes $100M IPO, places $100.5M in trust
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- IPO of 10M units at $10.00/unit raised $100M; sponsor bought 270K private units for $2.7M.
- Total $100.5M net proceeds deposited in trust account for future business combination.
- Auditor's report includes going concern qualification: company must complete business combination by July 16, 2027 or liquidate.
- Balance sheet shows $989,747 cash outside trust for working capital; accumulated deficit of $81,985.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2085177/000182912626003763/0001829126-26-003763-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2085177/000182912626003763/quasaredgeacq_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-003763

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