Linden Advisors LP Buys New Position in Quantumsphere Acquisition Corp $QUMSU

Linden Advisors LP purchased a new position in shares of Quantumsphere Acquisition Corp (NASDAQ:QUMSU) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 400,000 shares of the company’s stock, valued at approximately $4,052,000.

Other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. purchased a new stake in Quantumsphere Acquisition in the third quarter valued at approximately $101,000. TrueMark Investments LLC purchased a new position in shares of Quantumsphere Acquisition during the third quarter worth approximately $101,000. Warberg Asset Management LLC purchased a new position in shares of Quantumsphere Acquisition during the third quarter worth approximately $420,000. Gabelli Funds LLC acquired a new position in shares of Quantumsphere Acquisition in the 3rd quarter valued at $580,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in shares of Quantumsphere Acquisition in the 3rd quarter valued at $686,000.

Quantumsphere Acquisition Trading Up 2.5%

QUMSU stock opened at $10.36 on Tuesday. The company has a fifty day moving average price of $10.23 and a 200 day moving average price of $10.19. Quantumsphere Acquisition Corp has a 12 month low of $10.02 and a 12 month high of $10.32.

Quantumsphere Acquisition Profile

We are a newly formed blank check company incorporated as a Cayman Islands exempted company on July 23, 2024 under the laws of the Cayman Islands with limited liability. We are formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. Our efforts to identify a prospective target business will not be limited to a particular geographic region or industry.