Quantumsphere Acquisition Corporation (NASDAQ:QUMSU) announced the pricing of its upsized $72 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “QUMSU”, Wednesday, August 6, 2025.
The new SPAC aims to combine with a target company in a large under penetrated market with favorable industry dynamics.
Quantumsphere’s management team is led by Chairman, CEO and CFO Ping Zhang. Wei (Victor) Zhang, Daniel M. McCabe and Qi Gong will serve on its Board of Directors.
Total SPAC deal count for 2025 year-to-date is now 78. This offering is expected to close on Thursday, August 7, 2025.
SPAC Advisory Partners, a division of Kingswood Capital Partners, is acting as the sole book-running manager for the offering. Celine Partners PLLC is serving as Issuer’s Counsel with Holland & Knight LLP serving as Underwriter’s Counsel. CBIZ CPAs, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Starry Sea Acquisition Corp. (NASDAQ:SSEAU) announced the pricing of its $50 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SSEAU”, Friday, August 8, 2025. The new SPAC plans to mount a generalist search for a target company that has the potential to generate attractive returns. Starry Sea’s...
SilverBox IV (NYSE:SBXD) has entered into a definitive agreement to combine with digital asset manager Parataxis Capital at a pro forma equity value of $393.4 million. Parataxis is building the first crypto treasury listed in South Korea and plans to generate continued yields from the Bitcoin holdings it amasses. The combined company is expected to...
At the SPAC of Dawn The pace of SPAC deal announcements continues to heat up in August, which is typically a slow time of year in the capital markets. Consider that in all of Q1 2025, there were only 12 total deal announcements, and just 17 in Q2. We’re only halfway through Q3, but SPACs...
Iris II has filed for a $150 million SPAC with a partially revamped sponsor team and some new bells and whistles in its terms to join the new generation of vehicles in the hunt. The new SPAC is offering investors a 1/2 warrant in each unit and will be funded to the standard 100.0% with...
Simon Irish, CEO Terrestrial Energy, and Shawn Matthews, CEO & Chairman HCM II, Discuss Emerging Trends and Nuclear Power What many of the biggest trends in emerging technology today have in common is that they require significantly more electricity and reliable means of receiving it efficiently. This week, we speak with Simon Irish, CEO of...