Aspira Capital reports 4.03M QuasarEdge shares
Aspira Capital Consulting LTD, a more than ten percent owner of QuasarEdge Acquisition Corp, has reported its initial holdings.
Rhea-AI Filing Summary
Aspira Capital Consulting LTD, a more than ten percent owner of QuasarEdge Acquisition Corp, has reported its initial holdings. The Form 3 shows direct ownership of 4,025,000 ordinary shares, all acquired before QuasarEdge’s initial public offering.
The filing also notes Aspira’s interest in 285,000 rights that were issued in a private placement conducted simultaneously with the IPO. Each right is exchangeable for one-fourth of one ordinary share upon completion of QuasarEdge’s initial business combination, representing additional potential equity exposure for Aspira.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Aspira Capital Consulting LTD
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Rights | -- | -- | -- |
| holding | Ordinary Shares, par value $0.0001 per share | -- | -- | -- |
Holdings After Transaction:
Rights — 71,250 contracts (Direct);
Ordinary Shares, par value $0.0001 per share — 4,025,000 shares (Direct)
Footnotes (2)
- F1. Includes 4,025,000 ordinary shares of the Issuer acquired by Aspira Capital Consulting LTD prior to the Issuer 's initial public offering. As a result of the underwriter's full exercise of its over-allotment option to purchase 1,500,000 units on April 21, 2026, no such shares are subject to forfeiture. Also includes 285,000 ordinary shares underlying the private placement units sold in a private placement conducted simultaneously with the Issuer 's initial public offering.
- F2. Includes 285,000 rights underlying the private placement units, which were sold in a private placement taking place simultaneously with the Issuer 's initial public offering. Each right is exchangeable for one-fourth of one ordinary share upon the completion of the Issuer 's initial business combination.
Key Figures
Ordinary shares held: 4,025,000 shares
Rights held: 285,000 rights
Underlying ordinary shares: 71,250 shares
+1 more
4 metrics
Ordinary shares held
4,025,000 shares
Directly owned by Aspira Capital Consulting LTD, acquired before IPO
Rights held
285,000 rights
Underlying private placement units sold with QuasarEdge IPO
Underlying ordinary shares
71,250 shares
Ordinary shares underlying rights, one-fourth share per right
Right exercise price
$0.0000
Exercise price for rights into ordinary shares
Key Terms
initial public offering, over-allotment option, private placement units, initial business combination, +1 more
5 terms
initial public offering financial
"ordinary shares of the Issuer acquired ... prior to the Issuer's initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
over-allotment option financial
"As a result of the underwriter's full exercise of its over-allotment option to purchase 1,500,000 units"
An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.
private placement units financial
"ordinary shares underlying the private placement units sold in a private placement"
initial business combination financial
"Each right is exchangeable for one-fourth of one ordinary share upon the completion of the Issuer's initial business combination"
An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.
rights financial
"Includes 285,000 rights underlying the private placement units"
Rights are special privileges that give existing shareholders the opportunity to buy additional shares of a company's stock before they are offered to the public. They help investors maintain their ownership percentage and can be seen as a way to protect their investment stake. Think of rights like a VIP pass allowing current investors to purchase new shares first, ensuring they can preserve their influence in the company.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does QuasarEdge (QRED) Aspira Capital Form 3 disclose?
The Form 3 discloses that Aspira Capital Consulting LTD holds 4,025,000 ordinary shares of QuasarEdge Acquisition Corp and a significant block of rights from the IPO-related private placement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
