Quantumsphere Acquisition Corp QUMS
We are a Cayman Islands exempted company with limited liability incorporated on July 23, 2024. We are formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses (the "Business Combination").
In March 2025, the Company issued 2,415,000 shares of ordinary shares, $0.0001 per share to the Sponsor, the founder shares, for an aggregated consideration of $25,000, or approximately $0.0104 per share. On August 5, 2025, the Company and the Sponsor entered into the First Amendment to the Subscription Agreement, pursuant to which the purchased amount of founder shares was adjusted to 2,898,000, of which 378,000 are subject to forfeiture. As a result of the underwriter's full exercise of its over-allotment option on August 7, 2025, no shares are subject to forfeiture.
Valuation FY2026 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| SG&A | — | $1.1M | — |
| Operating income | — | -$1.1M | — |
| Interest expense | — | $2.0M | — |
| Pre-tax income | — | $978.2K | — |
| Net income | — | $978.2K | — |
Balance sheet
| Fiscal year | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Cash and equivalents | — | $0 | $0 |
| Total current assets | — | $317.3K | $117.4K |
| Total assets | — | $85.2M | $249.0K |
| Total current liabilities | — | $273.7K | $240.0K |
| Total liabilities | — | $3.6M | $240.0K |
| Retained earnings | — | -$3.2M | -$16.0K |
| Total equity | — | -$3.2M | $9.0K |
Cash flow
| Fiscal year | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Operating cash flow | — | -$947.4K | — |
| Investing cash flow | — | -$82.8M | — |
| Financing cash flow | — | $83.9M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001829126-26-007147.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | — | — | — |
| Gross profit | — | — | — |
| Net income | — | $978.2K | — |
Recent filings and events
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Material agreement signed Item 1.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Material agreement signed Item 1.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event Item 8.01
- Other event Item 8.01
- Material agreement signed Item 1.01
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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