Polar Asset Management Partners Inc. Makes New $4.05 Million Investment in Quantumsphere Acquisition Corp $QUMSU

Polar Asset Management Partners Inc. acquired a new stake in shares of Quantumsphere Acquisition Corp (NASDAQ:QUMSU) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 400,000 shares of the company’s stock, valued at approximately $4,052,000.

Other institutional investors have also modified their holdings of the company. Harraden Circle Investments LLC purchased a new position in shares of Quantumsphere Acquisition in the 3rd quarter worth approximately $4,059,000. Linden Advisors LP purchased a new stake in Quantumsphere Acquisition during the 3rd quarter valued at $4,052,000. AQR Arbitrage LLC purchased a new stake in shares of Quantumsphere Acquisition in the third quarter valued at $3,269,000. Meteora Capital LLC bought a new stake in shares of Quantumsphere Acquisition in the 3rd quarter worth about $2,330,000. Finally, Two Sigma Investments LP purchased a new position in shares of Quantumsphere Acquisition during the 3rd quarter worth about $2,254,000.

Quantumsphere Acquisition Trading Up 3.5%

Shares of NASDAQ:QUMSU opened at $10.68 on Friday. Quantumsphere Acquisition Corp has a 12 month low of $10.02 and a 12 month high of $10.32. The firm’s 50-day moving average is $10.26 and its 200 day moving average is $10.20.

Quantumsphere Acquisition Company 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.