QRED SEC filings, in plain English
Everything QuasarEdge Acquisition has filed with the SEC that we hold — 33 filings, newest first, 27 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
What changed: Joint Filing Agreement (Exhibit A) attached to a Schedule 13G/A beneficial ownership report. This is an amendment (Schedule 13G/A) filed on August 14, 2026. The provided text contains only the Joint Filing Agreement itself, signed by Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr., and does not include the amended Schedule 13G data. Therefore, the excerpt does not quantify any change in share count or percentage beneficial ownership relative to prior filings. Why it matters: Because the document is purely an administrative reporting coordination, it does not update or interact with the SPAC’s existing redemption deadline, trust value, deal progress, or sponsor conduct. Under Rule 13d-1(k), the undersigned agree that any amendments they sign shall be filed on behalf of each other; this standard procedural alignment satisfies SEC disclosure rules for related parties but yields no new information regarding the trust account, business combination timeline, or shareholder rights. The filing contains no claims about customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel.
What changed: Schedule 13G beneficial ownership report (routine compliance exhibit). Per the filing text, Polar Asset Management Partners Inc. is listed as the reporting holder. The excerpt provides no share quantities, ownership percentages, acquisition prices, or transaction dates. It contains no statements regarding the trust value, redemption deadline, extension procedures, deal progress, or sponsor conduct. Why it matters: Because the document only names an institutional holder without supplying transaction data or triggering threshold disclosures, and because it completely omits information on shareholder redemption economics, trust account conditions, or merger execution timelines, it does not materially affect investor tracking of exit windows, capital preservation, or business combination milestones.(flagged for human review)
What changed: A Schedule 13G beneficial ownership report filed by Highbridge Capital Management, LLC. The filing discloses an institutional position in QRED equity reported by Highbridge Capital Management, LLC. It contains no updates to merger timeline mechanics, trust preservation rules, extension voting triggers, target acquisition status, or sponsor governance practices. Attributed to Highbridge Capital Management, LLC, the excerpt presents zero claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel. Why it matters: Beneficial ownership schedules allow public markets to track cumulative institutional stakes that may influence redemption behavior, proxy voting weight, and block trade liquidity ahead of closing deadlines. Because the provided text omits share quantities, percentage thresholds, purchase dates, acquisition cost, stated purpose of the transaction, and identifying corporate relationships, it cannot inform whether the holder intends to redeem, hold through the business combination, or negotiate additional protections. Investors monitoring cash call exposure, dilution math, or sponsor alignment lack the granular data required to assess material shift in capital dynamics.
What changed: A Schedule 13G, which is a Securities Exchange Act Rule 13d-1 beneficial ownership report filed to disclose that Decagon Asset Management LLP and Benjamin John Durham collectively hold more than five percent of QuasarEdge Acquisition’s outstanding voting securities, though the specific percentage, acquisition dates, and investment purpose are not visible in the provided excerpt. The provided text contains no updated ownership percentage, no transaction prices, no change-in-control assertions, and no amendments to the redemption calendar, trust account balance ($10.06 per share), business combination deadline (2027-07-16), or proposed target company terms. It does not reference extension votes, sponsor promissory note adjustments, or conditional redemption waivers. Why it matters: While a 13G does not mechanically alter trust distributions, shareholder redemption windows, or SPAC termination timelines, institutional accumulation reported on this form can foreshadow coordinated voting behavior ahead of a business combination approval vote or any future special meeting convened to evaluate an extension or amendment. Without the missing pages containing the exact percentage, acquisition methodology, and stated purpose, investors cannot yet assess whether Decagon is taking a passive index position, accumulating capital to influence a deal vote, or preparing to liquidate if the 2027-07-16 deadline approaches without a signed definitive agreement. No operational claims, customer contracts, revenue projections, technology disclosures, or litigation updates appear in the filing.
What changed: Form 10-Q (Quarterly Report) for the period ended April 30, 2026, filed by QuasarEdge Acquisition Corporation (QRED), a blank-check company. The company consummated its IPO on April 16, 2026, raising $115,000,000, and simultaneously completed a private placement of $2,850,000. Subsequent to quarter-end, on June 9, 2026, the company entered into a definitive merger agreement with Robseek Intelligence Inc., a Cayman Islands exempted company, at an agreed pre-money equity valuation of $1,000,000,000. Under the agreement, each Robseek share will be cancelled in exchange for a portion of 100,000,000 ordinary shares of the surviving company valued at $10.00 per share. The trust account balance as of April 30, 2026, was $115,726,407, or $10.06 per public share. The company also disclosed a going concern uncertainty and ineffective disclosure controls and procedures. Why it matters: This is the first public disclosure of the target business combination, providing investors with the deal terms, valuation, and consideration structure. The $1 billion pre-money valuation of Robseek and the $10.00 per share consideration are key inputs for evaluating the proposed transaction. The trust value per share of $10.06 is slightly above the consideration price, which may affect redemption decisions. The going concern and internal control weaknesses are additional risk factors.
What changed: Current Report on Form 8-K filed by QuasarEdge Acquisition Corporation (QRED) announcing the entry into a material definitive agreement — an Agreement and Plan of Merger with Robseek Intelligence Inc., setting forth a definitive business combination. QRED has announced a definitive merger agreement to combine with Robseek Intelligence Inc. QRED shareholders will receive one Purchaser Class A ordinary share per QRED ordinary share; each QRED right will convert into one Purchaser right, which will be canceled at closing in exchange for one Purchaser Class A ordinary share. The implied pre-money equity value of Robseek is $1.0 billion. The sponsor (Aspira Capital Consulting LTD) has agreed to vote in favor and not to redeem its 4,025,000 founder shares. The company shareholder (Robseek Limited, holding 60,000,000 shares) has signed a support agreement. Lock-up for company shareholders is 180 days post-closing (with a potential early release if the stock trades at or above $12.50 for 20 of 30 days starting 90 days after closing). QRED’s trust held ~$116.2 million as of the signing date. The deadline to close is July 16, 2027, with extension provisions; the company (Robseek) is responsible for extension fees. Why it matters: This is the definitive deal announcement for QRED. Investors now have a concrete valuation ($1.0B pre-money for Robseek), a share count structure (100M shares to be issued at $10.00/share), sponsor conduct (no redemption, voting for), a lock-up schedule, and a mechanism for trust disbursement (redemptions first, then expenses, deferred underwriting, then notes, then balance to purchaser). The deadline is more than 12 months away (July 2027), providing a long runway. The heavy reliance on Robseek for working capital loans to the sponsor (up to $1.5M total) and for extension fees underscores that the deal is being funded almost entirely by the target, which may indicate limited SPAC cash available for redemptions or operations.
What changed: Form 8-K filed as a Rule 425 communication announcing the entry into a definitive merger agreement between QuasarEdge Acquisition Corporation (QRED) and Robseek Intelligence Inc. QRED has signed a definitive merger agreement with Robseek Intelligence Inc. The deal implies a pre-money equity valuation of $1 billion for Robseek, with Robseek shareholders receiving 100 million Purchaser ordinary shares valued at $10.00 per share. The trust fund held approximately $116.16 million as of the agreement date. Sponsor Aspira Capital Consulting LTD, holding 4,025,000 founder shares, agreed to vote in favor, not redeem, and abide by a 180-day lock-up. Company shareholders are subject to a 180-day lock-up with an early release if the stock price reaches $12.50 for 20 of 30 trading days after 90 days. The closing deadline is July 16, 2027, with extension fees payable by Robseek. The combined company board will have one director from QRED and six from Robseek. The agreement includes a $500,000 break-up fee for certain termination scenarios. Why it matters: This filing provides the first definitive terms for QRED's business combination. The $1 billion pre-money valuation is a key metric for evaluating the deal. The trust per-share value is $10.06, and redemptions will affect the cash available. Sponsor commitment not to redeem reduces redemption risk. The extended deadline gives ample time to close. The lock-up terms and board composition are standard but important for post-deal liquidity and governance. The filing includes full merger agreement, support agreements, and registration rights, offering comprehensive detail for investor analysis.
What changed: A Form 3 initial statement of beneficial ownership of securities, specifically a routine compliance insider ownership report for QuasarEdge Acquisition Corp filed with the SEC. The Form 3 filing discloses that Goldman Sachs Group Inc. holds 1,476,550 shares indirectly and identifies itself as a 10% owner. According to the submission, there is no discussion of the $10.06 trust per share, the 2027-07-16 deadline, extension procedures, deal advancement, or sponsor conduct, and the filing records no acquisition, disposition, or conversion activity beyond the stated indirect position. Why it matters: Based solely on the filing, Goldman Sachs Group Inc.’s reported 1,476,550 shares establish a 10% voting block that could significantly sway shareholder approvals for any proposed business combination or subsequent trust amendment. Because the SEC document contains no statements regarding redemption demand, trust liquidity, extension feasibility, target pipeline, or sponsor behavior, it does not modify the mechanics tied to the $10.06 reference price or the 2027-07-16 termination window. However, the registration reveals that a single 10% holder sits ready to decide whether capital remains locked in the trust or exits ahead of the 2027-07-16 deadline, which directly affects deal financing, extension ballot math, and post-redemption sponsor dilution.
What changed: A Form 8-K current report accompanied by an attached press release announcing the elective separation of underlying securities. QuasarEdge Acquisition Corp. announced on May 4, 2026, that with underwriter consent, holders may elect to separately trade the ordinary shares and rights included in its units commencing on May 7, 2026 (the press release adds “on or about May 8”). Unseparated units will continue trading under the symbol “QRED U,” while the separated ordinary shares and rights are expected to trade under the symbols “QRED” and “QRED RT,” respectively. Holders must direct their brokers to contact Continental Stock Transfer & Trust Company to execute the separation. The filing specifies that each unit consists of one ordinary share and one right entitling the holder to receive one-fourth (1/4) of one ordinary share upon consummation of the initial business combination. Regarding redemption deadlines, trust value, extensions, deal progress, or sponsor conduct, the filing reports no changes; your tracked parameters remain operationally unaffected by this administrative update. Why it matters: Decoupling the fractional rights from the base shares creates a new secondary market vehicle independent of the full-unit price, which can shift liquidity profiles, arbitrage spreads, and investor positioning ahead of a potential business combination. Because the rights only vest upon closing a merger or acquisition, the split forces the market to price the contingent equity component explicitly, potentially influencing redemption pacing if shareholders choose to hold rather than liquidate entire units. Beyond this structural mechanics update, the filing contains no substantive claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel. The sole named executive in the document is Chief Executive Officer and Chairman Qi Gong, who signed the 8-K, and the press release attributes all forward-looking statements and risk disclaimers exclusively to QuasarEdge Acquisition Corp.
What changed: A Current Report on Form 8-K and accompanying unaudited pro forma financial statements reporting the closing of an initial public offering and the full exercise of the underwriters’ over-allotment option. The Company states that on April 16, 2026, it sold 10,000,000 units at $10.00 per unit generating $100,000,000 in gross proceeds. On April 17, 2026, it announced the exercise of a 45-day option to purchase up to 1,500,000 additional units; closing occurred April 21, 2026 for $15,000,000 in gross proceeds. Simultaneously, the Company states that Aspira Capital Consulting Ltd. (the Sponsor) purchased 7,500 private placement units at $10.00 per unit for $75,000. The filing discloses $115,575,000 ($10.05 per unit) was placed in a trust account with Continental Stock Transfer & Trust acting as trustee. The unaudited pro forma balance sheet records $50,330 in trust interest, adjusting the trust account balance to $115,625,330. Public ordinary shares subject to possible redemption increased from 10,000,000 to 11,500,000, with an adjusted redemption value of $10.054 per share (previously $10.050). Founder shares increased from 4,495,000 to 4,532,500. An over-allotment option liability of $134,400 was reversed, and deferred offering costs including a $75,000 underwriting commission (stated as 0.50% of sale of Option Units proceeds) and $46,680 in representative shares were recorded. The filing contains no information regarding a target business, merger negotiations, extension proposals, or alterations to the July 16, 2027 liquidation deadline. Why it matters: This filing locks the post-offering capital structure and confirms the exact trust funding levels that will back shareholder redemptions. The increase from 10,000,000 to 11,500,000 public shares subject to redemption directly scales the cash required to satisfy redemption requests and establishes the $10.054 per-share benchmark cited in the pro forma statements. The Sponsor’s concurrent purchase of exactly 7,500 additional private units maintains proportional economic alignment without altering control dynamics. Because the filing is strictly a routine capitalization update, it does not move the redemption calendar, change the deal progress timeline, or indicate any shift in sponsor conduct relative to the reported July 16, 2027 window. Investors should monitor subsequent filings for any target identification or extension voting mechanics.
What changed: A Schedule 13G Joint Filing Agreement (Exhibit A) filed pursuant to Rule 13d-1(k) under the Securities Exchange Act of 1934. Seven Harraden Circle limited partnerships, two general partner entities, and individual executive Frederick V. Fortmiller, Jr. consolidated their disclosures into a single Schedule 13G report confirming collective passive beneficial ownership of QuasarEdge Acquisition Corp securities. The filing leaves the SPAC's trust value at $10.06 per share intact, preserves the original liquidation/redemption extension deadline of 2027-07-16, and introduces no amendments to the pending business combination term sheet, sponsor funding obligations, or investor tender mechanics. Why it matters: The selection of Schedule 13G over Schedule 13D indicates the Harraden Circle signatories hold a passive, non-controlling stake, which typically signals capital committed to the extended timeline rather than active efforts to accelerate a merger or trigger redemption thresholds. By executing a single joint filing agreement, the filers streamline regulatory reporting while centralizing disclosure responsibility under Mr. Fortmiller's signature, preserving independent investment discretion across the vehicles. The document contains no forward-looking statements regarding the target's projected revenue, customer concentration, market valuation, technology roadmap, strategic partnerships, or litigation exposure; all references tie exclusively to the $10.06 trust metric, the 2027-07-16 deadline, the April 24, 2026 execution date, and the SEC filing framework described by the Harraden Circle entities.
What changed: Form 8-K current report confirming the consummation of the Company’s initial public offering and accompanying private placement, submitted alongside an audited balance sheet and comprehensive financial statement notes. QuasarEdge Acquisition Corporation reported closing its IPO on April 16, 2026, issuing 10,000,000 units at $10.00 per unit, generating $100,000,000 in gross proceeds. Simultaneously, Sponsor Aspira Capital Consulting LTD purchased 270,000 private placement units for $2,700,000. The filing states that $100,500,000 of the combined net proceeds was deposited into a trust account maintained by Continental Stock Transfer & Trust Company. On April 17, 2026, the underwriters notified the Company of exercising the 1,500,000-unit over-allotment option in full, closing on April 21, 2026. This subsequent event added $15,000,000 in gross proceeds and prompted a concurrent private placement of 7,500 units to the Sponsor for $75,000. Formation and operating costs incurred between February 1, 2026, and April 16, 2026, totaled $34,049, while total transaction costs were recorded at $1,522,932. Why it matters: This report solidifies the trust value and capital deployment ahead of the July 16, 2027 business combination expiration. Public shareholders are contractually entitled to redeem shares for a pro-rata portion of the trust, which the notes calculate as initially $10.05 per public unit (or $10.00 per share plus interest/earnings per the charter). The sponsor agreed to waive redemption rights for founder and private shares and guaranteed liability to protect the trust if third-party vendor claims reduce assets below $10.00 per public share. Auditor Simon & Edward, LLP explicitly disclosed 'substantial doubt about the Company’s ability to continue as a going concern' citing the limited 15-month operational runway. Furthermore, underwriter Polaris Advisory Partners secured a 0.50% cash discount ($575,000 upon full over-allotment) and 230,000 ordinary shares as deferred compensation, alongside a 36-month right of first refusal for future advisory engagements.
What changed: A Form 3 insider ownership report filed with the SEC. Per the filing, issuer QuasarEdge Acquisition Corp designated Gong Qi (director, Chairwoman, CEO, and CFO) as the reporting person, but the document explicitly states 'No non-derivative transactions or holdings reported.' The submission records zero equity movement by the named officer. Regarding SPAC mechanics, the filing contains no data affecting redemption calculations, trust account maintenance, extension voting, or merger consideration timing; it functions solely as a statutory baseline disclosure. The publicly noted trust/share level of $10.06 and the 2027-07-16 deadline remain unchanged by this filing. Why it matters: Form 3 filings establish the legal starting point for insider equity tracking before subsequent Form 4 reports capture actual trades or exercises. By disclosing no transactions, this document offers no visible indicator of sponsor alignment, warrant exercise behavior, or secondary buying interest in the period following the deal announcement. For investors monitoring QuasarEdge, the filing signals standard regulatory compliance rather than strategic positioning, directing attention toward future Form 4 filings to determine whether leadership is accumulating shares, liquidating options, or maintaining neutrality ahead of the announced combination.
What changed: This document is a Form 3 insider ownership report, classified as a routine compliance exhibit filed pursuant to Section 16(a) of the Securities Exchange Act of 1934. Reporting person Zhang Wei, serving as a director, disclosed executing no non-derivative transactions and holding no securities in QuasarEdge Acquisition Corp during the reporting window. Consequently, the filing introduces no modifications to the trust account mechanics, redemption calendar, extension status, merger execution, or sponsor behavior. Why it matters: Because the insider disclosure registers zero equity movement by the named director, the submission neither alters available cash relative to outstanding public shares, accelerates or delays the business combination deadline, nor reflects shifting sponsor alignment. The text contains no assertions regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or leadership changes; it functions exclusively as a standard 16(a) compliance record confirming routine regulatory adherence without impacting the structural timeline or redemption calculus tracked by investors.
What changed: SEC Form 3 — Initial Statement of Beneficial Ownership (routine compliance exhibit tracking insider/affiliate holdings). Aspira Capital Consulting LTD, identified as a 10% owner, filed the report disclosing a direct holding of 4,025,000 shares of QuasarEdge Acquisition Corp. Because this is a Form 3, it records the initial position rather than a subsequent transaction. The document contains no amendment to a business combination agreement, no notice regarding the trust account, no proposal to extend the 2027-07-16 deadline, and no update on deal progress or target operations. Why it matters: Mechanically, the filing verifies the sponsor/affiliate share count that sits outside the redemption pool and does not participate in the per-share trust balance ($10.06) circulating through public holders ahead of the 2027-07-16 deadline. Investors tracking redemption calendars, trust value, and sponsor conduct now have a confirmed baseline for the 4,025,000 non-redeemable shares, which fixes the promoter’s equity exposure and defines the non-redeemable denominator alongside the public float. Substantively, the filing makes no claims about customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel; it is strictly a compliance artifact recording static beneficial ownership.
What changed: FORM 3 — insider ownership report. The filing attributes no non-derivative transactions or holdings to reporting person Zhang Ping (director). There is no alteration to insider equity counts, lock-up commitments, or capital preservation signals that would recalibrate redemption thresholds, trust distribution timelines, extension maneuvering, or sponsor governance metrics. Why it matters: QuasarEdge Acquisition Corp’s regulatory submission operates as a standard compliance exhibit rather than a strategic disclosure. Attributed entirely to the filing, it contains no assertions about customer pipelines, revenue models, addressable markets, commercial tactics, engineering roadmaps, alliance structures, litigation status, or executive additions. Investors tracking the announced business combination and monitoring baseline shareholder equity against the corporate dissolution schedule will find no new data points indicating shifts in redemption liquidity, warrant exercise pacing, or anchor realignment, as the document records only a zero-change ownership confirmation.
What changed: This document is a Form 3, an insider ownership report classified as a routine compliance exhibit. First, it identifies itself as a statutory disclosure filed by QuasarEdge Acquisition Corp for director Daniel M. McCabe on 2026-04-21. Second, bearing on the mechanics of redemption deadlines, trust value, extensions, deal progress, and sponsor conduct, the filing reports zero changes: McCabe discloses no non-derivative transactions or holdings, meaning the 2027-07-16 deadline, the $10.06 per share trust balance, extension triggers, the announced merger status, and sponsor behavior remain unaltered. Third, regarding other substance, the document contains no claims about customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel; it holds no operational, financial, or strategic assertions beyond the reported static insider positions. None. The form records no purchase, sale, exercise, conversion, or disposition of securities by the reporting person during the covered period. Why it matters: It matters because it confirms baseline compliance without introducing variables that could shift investor redemption decisions, alter trust accounting expectations, or force timeline adjustments. Investors tracking the 2027-07-16 horizon or the $10.06 trust metric receive no new directional signals from insider equity movement, requiring them to await subsequent deal-specific or extension filings for material updates.
What changed: Form 8-K current report and accompanying press release (Exhibit 99.1) documenting the full exercise of IPO underwriters’ over-allotment option. The registrant reports that on April 17, 2026, underwriters exercised their over-allotment option to purchase 1,500,000 additional units at $10.00 per unit, yielding $15,000,000 in additional gross proceeds. Following this action, total IPO units increased to 11,500,000, with aggregate gross proceeds standing at $115,000,000. The over-allotment closing is scheduled for April 21, 2026. Each unit consists of one ordinary share and one right to receive one-fourth (1/4) of one ordinary share upon business combination. The filing confirms sponsor Aspira Capital Consulting Ltd. and leader Ms. Qi Gong (Chairwoman, CEO, CFO) continue oversight without structural changes. Per the registered prospectus attached as Exhibit 99.1, the Company intends to pursue a global target search but will explicitly exclude entities based in or predominantly operating in Greater China. Neither the $10.06 per-share trust value nor the 2027-07-16 redemption deadline referenced in the tracker context were amended or extended by this submission. Why it matters: The capital injection expands available acquisition funds to $115,000,000 without altering pro-rata trust accounting or triggering automatic redemption events. The April 21, 2026 settlement date moves the operating cash runway forward, compressing the timeline to identify and close a deSPAC transaction before the 2027-07-16 expiration. By publicly committing to avoid Greater China targets, the Company narrows its screening funnel, which could reduce competitive bidding for remaining Asia-Pacific assets while potentially limiting opportunity set breadth. Underwriter participation at maximum capacity signals institutional demand at the $10.00 floor price. No new extension voting thresholds, warrant/right mechanics, or sponsor forfeiture conditions were introduced.
What changed: IPO closing 8-K — a set of routine post-IPO filings constituting the finalization of QuasarEdge Acquisition Corp.'s initial public offering and the establishment of its trust structure. This is a blank-check IPO closing filing. The company sold 10,000,000 units at $10.00/unit, generating $100 million in gross proceeds. Simultaneously, the sponsor purchased 285,000 private units for $2.85 million. A total of $103,500,000 was deposited into the trust account ($10.05 per unit in trust). The underwriter (Polaris Advisory Partners) has a 45-day over-allotment option on up to 1,500,000 additional units. The company has 15 months from closing (until July 16, 2027) to consummate a business combination, with no stated extension mechanism. The SPAC's second amended and restated memorandum and articles of association were adopted. The board of directors was established: Qi Gong (Chairwoman, CEO, CFO), three independent directors (Wei (Victor) Zhang, Daniel M. McCabe, Ping Zhang), with the audit committee chaired by Wei (Victor) Zhang, the corporate governance committee chaired by Daniel M. McCabe, and the compensation committee chaired by Ping Zhang. The filing includes the full underwriting agreement, rights agreement, insider letter, trust agreement, registration rights agreement, private placement unit purchase agreement, administrative services agreement, share escrow agreement, and indemnification agreements with all directors and officers. The company has no identified target business and has not initiated substantive discussions with any potential target. Why it matters: This is the definitive IPO closing disclosure for QRED. The key structural terms are now established: $10.05 per share in trust (a slight premium over $10.00/market convention for a 2026 vintage SPAC), a 15-month deadline with no stated extension mechanism, and standard 180-day founder lock-up and 30-day private placement lock-up. The trust/share figure of $10.05 is slightly above the $10.00 IPO price, meaning the trust has roughly $0.05/share of initial cushion from the private placement proceeds beyond the standard amount. The underwriter received 200,000 representative shares (2% of the IPO), which have a 180-day trading restriction. The SPAC has a relatively flat structure with no working capital loans described beyond the standard $20,000/month administrative services agreement with the sponsor. The company has 15 months to find a deal — a standard but non-extendable timeline absent a shareholder vote. The independent directors have typical SPAC governance roles.
What changed: Final Prospectus (Filed Pursuant to Rule 424(b)(4)) registering an initial public offering of 10,000,000 units at $10.00 per unit, each comprising one ordinary share and one right to receive one-fourth of an ordinary share. The prospectus establishes a pre-deal blank check vehicle, explicitly stating that neither the company nor its affiliates have contacted any prospective target or conducted substantive transaction discussions. Trust mechanics dictate a $10.05 per public unit deposit into a trust account managed by Continental Stock Transfer Trust Company upon closing. Why it matters: Investors monitoring redemption calendars and trust value must treat this as an IPO commencement document rather than a deal-update notice. The company’s governing documents mandate a 15-month execution window before mandatory trust liquidation, while the prospectus calculates pro forma net tangible book value eroding from $5.43 to $0.13 per share depending on redemption volume.
What changed: SEC Form 8-A12B for the registration of certain classes of securities under Section 12(b) or 12(g) of the Securities Exchange Act of 1934, filed to list QuasarEdge Acquisition Corp.'s Units, Ordinary Shares, and Rights on the New York Stock Exchange. The Company registered three security classes: Units (each comprising one ordinary share, par value $0.0001, and one right), Ordinary Shares (par value $0.0001 per share), and Rights (entitling holders to receive one-fourth (1/4) of one ordinary share). Why it matters: This filing strictly codifies the SPAC's capital structure and exchange-trading mechanics without altering redemption schedules, trust distributions, or merger progress. By legally defining the Unit composition and the 52-day post-prospectus separation trigger, it establishes the precise operational threshold before fractional equity (via the 1/4 rights) can detach and trade independently.
What changed: Amendment No. 1 to Form S-1 registration statement for the initial public offering of QuasarEdge Acquisition Corp, a blank check company with no target identified yet. Compared to the initial S-1 filing: (i) the number of rights per unit was increased from one-fifth (1/5) to one-fourth (1/4) of an ordinary share; (ii) the deadline to complete an initial business combination was reduced from 18 months to 12 months; (iii) the underwriter's over-allotment option was increased from 900,000 to 1,500,000 units; (iv) the trust account deposit was increased from $60,000,000 to $100,000,000; (v) the sponsor's founder shares were increased from 2,415,000 to 4,025,000 shares (with up to 525,000 subject to forfeiture); (vi) updated financial statements and management discussion; and (vii) revised risk factors and disclosures, including expanded conflict-of-interest disclosures regarding management's service on multiple other SPACs. Why it matters: The amendment sets the final economic terms of the IPO, including the trust size, redemption rights, and the timeline for finding a deal. The reduction to a 12-month deadline and the altered rights conversion ratio directly affect redemption mechanics and the pressure on management to complete a business combination. The deep discount on founder shares ($0.0062 per share) and the extensive conflicts of interest among management—who serve on up to six other SPACs simultaneously—are critical governance concerns for investors evaluating sponsor conduct and potential deal quality.
What changed: Registration statement on Form S-1 for an initial public offering (IPO) of a blank check company (SPAC). This is the initial S-1 filing for QuasarEdge Acquisition Corp's IPO. It establishes the terms of the offering: 10,000,000 units at $10.00/unit ($100 million), each unit consisting of one ordinary share and one right to receive one-fifth of an ordinary share upon a business combination. The trust will hold $10.00 per public unit. The sponsor, Aspira Capital Consulting LTD, has committed to purchase 220,000 private units. The filing details the company's blank check structure, redemption rights, target acquisition criteria, conflict-of-interest disclosures (management is also involved with several other SPACs including Quartzsea and Quantumsphere), and extensive risk factors related to potential China-based targets and PRC regulations. Why it matters: This S-1 provides the foundational prospectus for a new SPAC IPO. For investors, the critical elements are the standard trust/per-share redemption terms ($10.06 trust value per the corpus header), the 18-month (up to 21-month) deadline for a deal, and the intense conflict-of-interest disclosures: all executive officers and directors serve in similar capacities at multiple other SPACs targeting similarly-sized companies (enterprise value $180M-$1B), creating a material risk in how acquisition opportunities will be allocated. The sponsor paid only ~$0.0062/share for its founder shares, creating a significant economic incentive to close any deal versus liquidating. The filing also candidly warns that the sponsor's and management's ties to China may make it difficult to complete a non-PRC deal, increasing the likelihood of a China-based target with attendant regulatory and audit risks.
What changed: A Form S-1 Amendment No. 2, filed by QuasarEdge Acquisition Corporation pursuant to Rule 462(b) of the Securities Act of 1933, registering an additional block of securities for the Registrant’s initial public offering. Per the Registrant’s explanatory note, this filing registers an additional 1,380,000 units, which include 180,000 units allocated for potential underwriter over-allotments. Each additional unit consists of one ordinary share and one-fifth (1/5) of one right entitling the holder to receive one ordinary share, redeemable upon the initial business combination. Why it matters: Rule 462(b) supplements serve as post-pricing mechanical instruments that formally activate the underwriter’s over-allotment capacity and lock in the IPO security structure before market effectiveness. For QRED investors, the attachment of fractional rights to the newly registered units and their sole redeemability condition clarifies future dilution and cash-out pathways without altering the current trust distribution framework or extension mechanics. The Registrant lists legal opinions from Celine and Partners, P.L.L.C.
What changed: Form 8-A12B for registration of certain classes of securities pursuant to Section 12(b) of the Securities Exchange Act of 1934. Registers Units, Ordinary Shares, and Rights for quotation on The Nasdaq Capital Market, assigns ticker symbols QREDU, QRED, and QREDR, and establishes that units will trade undivided until the 52nd day following the Company’s final prospectus before potentially separating. The filing incorporates by reference the Description of Securities from the Registration Statement initially filed September 15, 2025, and amended December 4, 2025 (File No. 333-290249). Why it matters: Cleared the administrative hurdle for Nasdaq listing and defines a fixed 52-day post-prospectus undivided trading period, which dictates near-term liquidity constraints and arbitrage positioning ahead of a potential business combination. The exhibit contains no claims regarding customers, revenue, market size, strategy, technology, partnerships, or litigation beyond routine incorporation references and the personnel attribution to Qi Gong.
What changed: Amendment No. 1 to Form S-1 registration statement for the initial public offering of QuasarEdge Acquisition Corp, a blank-check company seeking to acquire a target business. This is a preliminary prospectus for the offering of 6,000,000 units (plus over-allotment) at $10.00 per unit, each consisting of one ordinary share and one right to receive one-fifth of a share. This filing updates the registration statement originally filed September 12, 2025. Key changes noted: (1) the period to consummate a business combination was extended from 18 months to 21 months from the closing of the IPO; (2) the conversion ratio for rights was increased from one-seventh (1/7) to one-fifth (1/5) of an ordinary share; (3) the number of private placement units to be purchased by the sponsor was decreased from 215,000 to 203,500 (or 208,000 with over-allotment); (4) the cash underwriting discount was reduced from 0.75% to 0.50% of gross proceeds; and (5) the deferred underwriting compensation was changed from a cash payment of 4% of trust proceeds to representative shares equal to 2% of ordinary shares sold. Why it matters: The amendment finalizes key terms of the SPAC’s IPO structure, including a longer 21-month window to find a deal, improved right conversion terms for investors, and reduced underwriting costs. These changes affect the trust value per share, potential dilution, and the sponsor’s economic incentives. The filing also provides detailed risk factors regarding China ties, PCAOB access, and conflicts of interest among management who serve on multiple SPACs. No business combination target is identified; the company remains in the early stages of searching.
What changed: Preliminary registration statement on Form S-1 for an initial public offering of 6,000,000 units (or 6,900,000 if over-allotment exercised) at $10.00 per unit, each unit consisting of one ordinary share and one right to receive one-seventh of one ordinary share upon consummation of an initial business combination. The issuer is a blank check company with 18 months from the closing of the offering to complete its initial business combination. Initial registration statement; no prior public filings exist for this SPAC. This document establishes baseline terms for the IPO, including trust deposit of $10.00 per public share, sponsor economics (founder shares purchased at $0.0104 per share), redemption mechanics, and an 18-month combination deadline. Why it matters: Provides full disclosure of the SPAC's structure, sponsor incentives, conflicts of interest (management also serves at Quantumsphere, Quartzsea, and other SPACs), risks related to potential PRC-based targets, and the terms under which public shareholders can redeem their shares. The filing also details dilution scenarios and the sponsor's nominal cost basis, which creates misaligned incentives.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.