QUMSU
Quantumsphere Acquisition Corp (QUMS, QUMSR, QUMSU
NASDAQ · Financial Services · Shell Companies · US
$10.44
+1.36%Oct 13, 2026, 20:15 UTC
Quantumsphere Acquisition Corp agreed to merge with Fortune Favor Global Group Inc., while QUMS Merger Sub Ltd. will merge with Fortune Favor Technology Inc., which will survive as a wholly owned subsidiary, at a stated pre-money equity valuation of approximately $600 million.
Oct 13, 2026, 20:15 UTC
Holders agreed to lock up Quantumsphere Acquisition Corp ordinary shares until the earlier of 180 days after closing or the specified share-price condition being met.
Oct 13, 2026, 20:15 UTC
Whiteowl Holdings LLC and other founder holders agreed to vote 2,898,000 Quantumsphere Acquisition Corp ordinary shares in favor of the merger, not to redeem them, and to observe transfer restrictions.
Oct 13, 2026, 20:15 UTC
HAN DA International Limited agreed to vote its 610 shares of Fortune Favor Technology Inc. in favor of the merger and related transactions and not to transfer them before closing, subject to exceptions.
Sep 1, 2026, 23:47 UTC
Quantumsphere Acquisition Corporation and related purchaser parties terminated their merger agreement with Omnivate Global Ltd. and SACH Pte. Ltd., originally dated October 3, 2025.