Quetta Acquisition Corp (QETA) is the subject of an amended Schedule 13G reporting 0 shares and 0% beneficial ownership for Hudson Bay Capital Management LP, the investment manager, and Sander Gerber, who disclaims beneficial ownership. The disclosure says Hudson Bay Capital Management LP may be deemed the beneficial owner of shares held in the name of HB Strategies LLC. Both reporting persons list zero sole and shared voting and dispositive power.
Quetta Acquisition Corp. (QETA) deposited an aggregate of $5,000 into its trust account for the benefit of its public stockholders. The payment extends the period to consummate its initial business combination by one month, moving the deadline from October 10, 2026, to November 10, 2026.
Quetta Acquisition Corp (QETA) stockholders approved an amendment extending the deadline to complete an initial business combination from October 10, 2026 to October 10, 2027, or an earlier date set by the board, through up to twelve successive one-month extensions. Each extension is subject to a $5,000 deposit into the company’s trust account. The company intends to file the charter amendment with the Secretary of State of Delaware.
As of the September 22, 2026 record date, 3,747,748 shares were issued and outstanding and entitled to vote. Of those, 3,012,740 shares, approximately 80.39%, were represented at the meeting; votes were 2,486,760 for, 525,980 against, and zero abstentions. Holders redeemed 1,550,843 shares at approximately $11.89 per share, for an aggregate redemption amount of approximately $18.4 million. After the redemptions, 149,860 shares were issued and outstanding.
Quetta Acquisition Corp (QETA) received Nasdaq’s determination to delist its common stock, rights and units after it did not complete a business combination within the required 36 months. Its registration statement became effective on October 5, 2023, and the deadline passed on October 5, 2026. The company does not intend to appeal.
Nasdaq trading in QETA, QETAR and QETAU is scheduled to be suspended at the opening of business on October 14, 2026, and Nasdaq will file a Form 25-NSE to remove the securities from its listing and registration. The company expects the securities to be quoted on the Pink Limited Market under the same symbols, but there is no guarantee that a broker will make a market or that trading will continue. Quetta still intends to complete its previously announced business combination with Smart Kreate Group Limited and list securities on Nasdaq or another national securities exchange as soon as practicable; there is no assurance the combination or listing will occur.
Quetta Acquisition Corp. (QETA) intends to convene its special meeting on October 8, 2026, at 4:00 p.m. Eastern Time, then adjourn it immediately to October 9, 2026, at 4:00 p.m. Eastern Time to allow more time to solicit proxies on the proposal described in its definitive proxy statement. Stockholders who already submitted proxies or voted do not need to take further action; previously submitted proxies remain valid for the reconvened meeting unless properly revoked.
Quetta Acquisition Corp. is seeking stockholder approval to replace its amended and restated certificate of incorporation and extend its Combination Period month to month from October 10, 2026, to October 10, 2027. The company may elect up to 12 additional one-month extensions by depositing $5,000 into its trust account for each month, for a total period of up to 48 months from consummation of its initial public offering.
Amendment No. 1 revises disclosure about shares entitled to vote as of September 22, 2026, and adds information about redemption procedures for holders of units and the underlying common shares. The special meeting is scheduled for October 8, 2026, at 4:00 p.m. Eastern Time as a virtual webcast. Approval would not assure a business combination; the company says redemptions could leave it with insufficient cash to complete one on commercially acceptable terms or at all.
Quetta Acquisition Corp (QETA) is asking stockholders to approve an amendment extending the deadline to complete its initial business combination on a month-to-month basis from October 10, 2026, to October 10, 2027. If approved, the company may elect up to 12 additional one-month extensions by depositing $5,000 into its trust account for each month; the proposal allows a total Combination Period of up to 48 months from completion of its initial public offering.
Common-stock holders of record as of September 22, 2026 are entitled to vote at the virtual special meeting on October 8, 2026. The company says the extension would not assure completion of a business combination; redemptions could leave insufficient cash, and sufficiently large redemptions could put its securities below Nasdaq continued-listing requirements, creating a risk of delisting. Public stockholders may request cash redemption of all or part of their shares if the proposal is approved and the charter is amended.
Quetta Acquisition Corp (QETA) reports that on August 10, 2026 an aggregate of $60,000 was deposited into its trust account for the benefit of its public stockholders as an extension payment. This payment extends the deadline to consummate the company’s initial business combination by one month, from September 10, 2026 to October 10, 2026.
Quetta Acquisition Corp (QETAR) is asking stockholders at a 2026 virtual special meeting to approve an Extension Amendment to its Amended and Restated Certificate of Incorporation. The change would allow Quetta, beginning October 10, 2026 and through October 10, 2027, to extend its business combination deadline month by month, up to a total of 48 months from its IPO, by depositing $5,000 per month into the SPAC’s trust account for each extension.
The materials emphasize that there is no assurance a business combination will be completed even with the extension and that heavy stockholder redemptions around the extension and any later deal vote could leave insufficient cash to close a transaction and could jeopardize Nasdaq listing requirements, potentially leading to delisting and reduced liquidity. Extensive risk disclosures address potential U.S. regulatory impacts (including the HFCAA, PCAOB inspection limits and CFIUS reviews) and detailed PRC-related legal, foreign investment, data security and capital-control risks if Quetta ultimately merges with a China-based business. If no transaction is completed and the SPAC must liquidate, public stockholders are told they may receive only approximately $10.10 per share, or less in some circumstances, and the rights would expire worthless.
Quetta Acquisition Corporation is a SPAC that has not yet completed a business combination. For the three and six months ended June 30, 2026 it reported net income of $884,904 and $871,383, respectively, driven largely by a $1,040,000 gain from forgiveness of promissory notes previously issued to KM QUAD. Interest income on the Trust Account contributed $173,286 for the quarter and $342,988 year-to-date.
After significant redemptions in January 2025, approximately $19.9 million remains in the Trust Account, while cash outside the trust was only $4,575 at June 30, 2026 and working capital showed a deficit of $2,380,850. Quetta entered into a Business Combination Agreement on March 6, 2026 with Smart Kreate Group Limited and related entities and SKG is funding monthly extension deposits of $60,000 through August 2026, extending the combination deadline to September 10, 2026. The company discloses a going concern uncertainty, an excise tax liability of $614,048 (plus $62,526 of related interest and penalties), and a material weakness in internal controls related to segregation of duties and insufficient written policies.