QuasarEdge completes $100M SPAC IPO, places $100.5M in trust for business combination

Filed April 22, 2026 · Period ending April 16, 2026 · ~1 min read

Key Changes

• high

  Completed IPO of 10 million units at $10/unit on April 16, raising $100M in gross proceeds. Each unit includes one share plus rights to receive 0.25 shares upon completing a business combination.

  Item 8.01 verify on EDGAR →
• high

  Placed $100.5M from IPO and concurrent private placement into trust account held by Continental Stock Transfer for public shareholder benefit until business combination closes.

  Item 8.01 verify on EDGAR →
• medium

  Sponsor Aspira Capital Consulting purchased 270,000 units at $10/unit in concurrent private placement, generating additional $2.7M in proceeds.

  Item 8.01 verify on EDGAR →