Quantumsphere Acquisition Corp

Quantumsphere Acquisition Corp is a special purpose acquisition company incorporated as a Cayman Islands exempted company and listed in the United States. It was formed to complete a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more operating businesses.

1.16

— Quantumsphere Acquisition Corp
%
SPAC capital formation100% Public units and private placement units issued to fund the acquisition vehicle.
Business combination execution0% Merger, share exchange, or similar transaction used to take a target public.
Public company platform0% A listed shell structure that can survive the transaction as the public issuer.

The company does not sell products or services to end customers in the normal operating sense...

  • Public market investorsprimary

    Buy SPAC units for exposure to the trust-backed acquisition vehicle and potential deal upside.

  • Sponsor and private placement investorsprimary

    Provide seed capital and support the acquisition process through private units and sponsor ownership.

  • Target company shareholdersprimary

    Receive newly issued public-company shares in exchange for their operating business equity.

  • Transaction advisers and finderssecondary

    Support sourcing, structuring, and closing the business combination.

Quantumsphere is organized as a Cayman Islands exempted company, while its securities are listed in the United States...

  • •Cayman Islands legal domicile for the SPAC and post-merger pubco
  • •United States listing venue on Nasdaq
  • •Singapore exposure through the target operating company
  • •Cross-border structure with Cayman holding entities
  • •No operating revenue geography disclosed because the company is pre-combination

The company’s strategy is to complete an initial business combination within its permitted timeframe and use the SPAC...

01
Close the announced business combinationshort-term

The SPAC has no operating business until a transaction is completed.

02
Preserve transaction financing and shareholder supportshort-term

Redemptions and closing conditions determine whether the merger can be completed on the intended terms.

03
Transition into a listed operating company structuremedium-term

The post-combination entity must function as a public company with a new operating subsidiary base.

The main risk is execution: if the company does not complete a business combination within the required period, it must...

critical

Business combination deadline risk

If no qualifying transaction closes by the required date, the SPAC must liquidate.

Scope
February 6, 2027 deadline disclosed
Materiality
high
high

Redemption risk

High redemptions can shrink cash available for the merger and weaken the post-close capital base.

Scope
Public shareholders in the SPAC structure
Materiality
high
high

Transaction execution risk

The merger involves Cayman and Singapore entities and multiple closing conditions.

Scope
Cross-border SPAC merger structure
Materiality
high
high

Going-concern risk

The company disclosed substantial doubt about continuing as a going concern absent a closing.

Scope
Pre-combination cash resources
Materiality
high
medium

Advisory and finder fee risk

Success fees and reimbursable expenses increase cash needs and reduce flexibility.

Scope
Aspira Capital Consulting LTD agreement
Materiality
medium
Deferred offering and transaction costs
IPO, private placement, and merger-related expenses
Fair value of warrants and equity-linked instruments
Reported liabilities, equity, and non-cash gains/losses
Contingent finder fee accrual
Potential future cash outflow and liability recognition
Going-concern assessment
Financial statement presentation and investor risk assessment

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: 29.4.2026