Insider Brief
Quantum Leap Acquisition Corp. completed a $230 million IPO and began trading as a public SPAC seeking a potential acquisition in AI, quantum computing or blockchain.
The company sold 23 million units at $10 each after underwriters fully exercised their 3 million-unit over-allotment option.
Quantum Leap’s Class A shares and warrants began trading separately on the NYSE under QLEP and QLEP WS, while its units ceased trading under QLEPU.
Quantum Leap Acquisition Corp. has completed the sale of 23 million units in its initial public offering, giving the newly listed blank-check company $230 million in gross proceeds as it begins looking for a business combination in artificial intelligence, quantum computing or blockchain technology.
