STOCK TITAN

Quantumsphere Acquisition Corp. Units 10-Q Filings

QUMSU NASDAQ

Every 10-Q that Quantumsphere Acquisition Corp. Units (QUMSU) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow QUMSU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full QUMSU filings page.

Rhea-AI Summary

Quantumsphere Acquisition Corporation, a Cayman Islands SPAC, reported net income of $574,013 for the quarter ended June 30, 2026, driven mainly by $751,010 of interest earned on investments in its trust account, partially offset by $177,441 of general and administrative expenses.

Total assets were $85.7 million, including $85,597,135 invested in the trust account and $4,901 of cash outside the trust. 8,280,000 ordinary shares are classified as subject to possible redemption at a redemption value of $10.34 per share, and deferred underwriting fees total $3,312,000. Non‑redeemable ordinary shares outstanding were 3,126,650 at quarter‑end.

The company has entered into a proposed all‑stock Business Combination with SACH Pte. Ltd. valuing SACH at approximately $300 million, but closing remains subject to shareholder and regulatory approvals and other conditions. With a working capital deficit of $143,042 and limited cash, management disclosed substantial doubt about its ability to continue as a going concern if a transaction or additional financing is not completed before the February 6, 2027 deadline. Management also concluded that disclosure controls and procedures were ineffective due to inadequate controls over identifying and timely disclosing commitments and contingencies.

Rhea-AI Summary

Quantumsphere Acquisition Corporation reported net income of $521,600 for the quarter ended December 31, 2025, mainly from $806,338 of interest on investments in its IPO trust, partially offset by $284,738 of general and administrative costs.

Following its August 2025 IPO of 8,280,000 units at $10.00 each, the company holds $84,106,582 in a U.S. Treasury‑based trust and has 8,280,000 ordinary shares classified as redeemable at $10.16 per share. Cash outside the trust was $281,173, with working capital of $215,060.

On October 3, 2025, Quantumsphere signed a Merger Agreement to combine with SACH Pte. Ltd. in an all‑stock Business Combination that values SACH at approximately $300 million, with SACH shareholders receiving newly issued Pubco shares. The deal requires shareholder and regulatory approvals and must close by July 31, 2026.

Management notes substantial doubt about the company’s ability to continue as a going concern because it must complete a Business Combination by February 6, 2027 or liquidate. The report also discloses ineffective disclosure controls, specifically around identifying agreements that should be reported as commitments and contingencies.

Rhea-AI Summary

Quantumsphere Acquisition Corp (QUMSU) completed an IPO offering 8,280,000 Units at $10.00 each, generating gross proceeds of $82,800,000, and sold 228,650 Private Units to its Sponsor for $2,286,500. The Units consist of one ordinary share and one right, and 8,280,000 public ordinary shares issued with rights were recorded as temporary equity at $10 per share. The Sponsor holds 2,898,000 founder shares after adjustments, and 1,080,000 over-allotment Units were fully exercised.

The Company reported substantial offering-related costs of $4,459,070, a working capital deficit of $212,441, outstanding promissory notes repaid at IPO closing, and commitments including finder fees up to $3,500,000. Management states there is substantial doubt about the Company’s ability to continue as a going concern absent completing a business combination by February 6, 2027 or raising additional capital.