Quantumsphere Acquisition Corp. Files 2026 Form 10-K
Quantumsphere Acquisition Corp. (QUMS) has filed its annual report on Form 10-K for the fiscal year ended March 31, 2026. The company, a blank check entity, completed its initial public offering (IPO) on August 7, 2025, raising $82.8 million by selling 8,280,000 units at $10.00 each. A simultaneous private placement raised an additional $2.29 million. The majority of the IPO proceeds are held in a trust account, intended for a future business combination. The company has an 18-month timeframe to identify and complete an acquisition, with a focus on businesses that can benefit from public market access and possess strong growth potential.