QuasarEdge Acquisition Corp consummates full over-allotment option, adds $15M to trust

QuasarEdge Acquisition Corp

Over-allotment of 1.5M units exercised and closed April 21 at $10/unit, gross $15M.
Trust account now $115.6M ($10.05 per redeemable share) for future business combination.
Simultaneous private placement: sponsor purchased 7,500 additional private units at $10/unit ($75K).
Total public units outstanding: 11.5M; all shares subject to redemption at $10.05 each.
Net proceeds from IPO and over-allotment placed in trust; underwriting commission 0.5% on option units.

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