Quantum Leap Acquisition (NYSE:QLEP) announced the full exercise and closing of its IPO over-allotment option. Underwriters purchased an additional 3,000,000 units at $10.00 each, bringing total units sold to 23,000,000 and aggregate gross proceeds to $230,000,000.
Each unit includes one Class A ordinary share and one redeemable warrant exercisable at $11.50 per share. Units traded as QLEPU until the securities began separate trading on June 23, 2026, with shares and warrants now listed as QLEP and QLEP WS on the NYSE.
Quantum Leap Acquisition Corp (NYSE: QLEP) will allow separate trading of its Class A ordinary shares and warrants starting on or about June 23, 2026, following its IPO of 20,000,000 units completed May 4, 2026.
Units will cease trading under QLEPU, while shares and warrants trade under QLEP and QLEP WS. Each whole warrant enables purchase of one Class A share at $11.50, with separation occurring automatically and requiring no holder action.