QuasarEdge SPAC to merge with Robseek Intelligence at $1B pre-money valuation

QuasarEdge Acquisition Corp

Pre-money equity valuation of Robseek: $1,000,000,000 ($1B), with 100M Purchaser shares at $10.00 each.
QuasarEdge (NYSE: QRED) to merge into wholly owned Purchaser; Merger Sub merges into Robseek; Robseek survives as wholly owned sub.
Sponsor and certain company shareholders agree to 180-day lock-up on shares received in the business combination.
Closing subject to shareholder approvals of both companies, SEC effectiveness of registration statement, stock exchange listing, and other customary conditions.
Robseek is an AI-driven advertising platform; plans to launch ALIF AI smart-device ecosystem; Mr. Meng Tang, Director, comments on growth.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

QuasarEdge Acquisition Corp entered into Merger Agreement with Robseek Intelligence Inc., Robseek Limited, Meng Tang, Robseek Inc., QRED Merger Sub Ltd. (effective 2026-06-09).

Action: entry
Agreement: merger
Counterparty: Robseek Intelligence Inc., Robseek Limited, Meng Tang, Robseek Inc., QRED Merger Sub Ltd.
Effective: 2026-06-09

Exact text from the filing

On June 9, 2026, QuasarEdge Acquisition Corporation, a Cayman Islands exempted company (“QRED” or “Parent”), Robseek Intelligence Inc., a Cayman Islands exempted company (the “Company”), Robseek Limited, a business company incorporated under the Laws of British Virgin Islands (the “Principal Shareholder”), and Meng Tang, an individual, solely in his capacity as the shareholder representative, agent and attorney-in-fact of the Principal Shareholder (the “Principal Shareholder’s Representative”), Robseek Inc., a Cayman Islands exempted company and wholly owned subsidiary of Parent (“Purchaser”), and QRED Merger Sub Ltd., a Cayman Islands exempted company and wholly owned subsidiary of Purchaser (“Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”).

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QuasarEdge Acquisition Corp filing history →

Source: SEC EDGAR

accession 0001829126-26-006240

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