QRED QuasarEdge Acquisition Corp
Executive Summary
QuasarEdge Acquisition Corp (QRED-UN) has completed its IPO, raising $100 million by selling 10 million units at $10 each. Each unit consists of one ordinary share and one right to receive 1/4 of a share upon business combination. The sponsor purchased 270,000 private units and holds 4,025,000 founder shares acquired for $25,000. The offering was priced at $10.05 per unit deposited into trust, with $100.5 million held in trust. The underwriters have a 45-day option to purchase up to 1.5 million additional units.
Key Financial Metrics
Actionable Insight
The offering is now complete with $100.5 million in trust. The company will now search for a business combination target. Investors should monitor for announcements of potential acquisitions. The sponsor's significant ownership (25.9% post-offering) could influence the selection of a target, particularly in China-related sectors given the sponsor's ties to China.
Key Facts
- IPO raised $100 million by selling 10 million units at $10 each
- Sponsor purchased 270,000 private units at $10 each for $2.7 million
- Sponsor holds 4,025,000 founder shares acquired for $25,000
- $100.5 million held in trust at $10.05 per unit
- Underwriters have 45-day option to purchase up to 1.5 million additional units
Financial Impact
$100 million raised in IPO
Risk Factors
- Sponsor has significant ownership and ties to China
- Management team serves on multiple SPACs creating potential conflicts
- Company may face regulatory scrutiny due to China connections
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 424B4 Filing (Primary) | 0001829126-26-003546 |
| Document: 0001829126-26-003546-index-headers.html | 0001829126-26-003546 |
| Document: 0001829126-26-003546-index.html | 0001829126-26-003546 |
| Document: 0001829126-26-003546.txt | 0001829126-26-003546 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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May 7, 2026
5w ago
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Press Release
| $9.89 $9.93 | ▲ +0.40% | ▼ −2.73% | $9.96 (+0.71%) |
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May 5, 2026
5w ago
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Press Release
| — | awaiting T+20 | — | — |
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Apr 27, 2026
6w ago
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8-K
| $10.03 $10.11 | ▲ +0.85% | ▼ −4.62% | $9.96 (−0.65%) |
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Apr 22, 2026
7w ago
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8-K
| $10.03 $10.11 | ▲ +0.80% | ▼ −3.83% | $9.96 (−0.70%) |
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Apr 17, 2026
8w ago
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8-K
| $10.03 $10.11 | ▲ +0.80% | ▼ −3.40% | $9.96 (−0.70%) |
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Apr 17, 2026
8w ago
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Press Release
| — | awaiting T+20 | — | — |
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Apr 16, 2026
8w ago
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Press Release
| — | awaiting T+20 | — | — |
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Apr 16, 2026
8w ago
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424B4
| $10.00 $10.09 | ▲ +0.90% | ▼ −4.92% | $9.96 (−0.40%) |
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Apr 14, 2026
8w ago
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EFFECT
| — | awaiting T+20 | — | — |
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Apr 8, 2026
9w ago
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EFFECT
| — | awaiting T+20 | — | — |
US Market Status
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