QuasarEdge Acquisition Corp Prices $100 Million Initial Public Offering

NEW YORK, April 14, 2026 (GLOBE NEWSWIRE) -- QuasarEdge Acquisition Corp, a blank check company incorporated in the Cayman Islands as an exempted company (the "Company"), today announced the pricing of its initial public offering (the "IPO") of 10,000,000 units at an offering price of $10.00 per unit. The units are expected to commence trading on April 15, 2026 on the New York Stock Exchange ("NYSE") under the ticker symbol "QREDU." Each unit sold in the offering consists of one ordinary share and one right to receive one-fourth (1/4) of one ordinary share upon the consummation of an initial business combination. Only whole rights will be exchangeable for ordinary shares. Once the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on NYSE under the symbols "QRED" and "QREDR," respectively. Polaris Advisory Partners, a division of Kingswood Capital Partners LLC, is acting as the sole book-running manager for the offering. The Company has granted the underwriter a 45-day option to purchase up to 1,500,000 additional units at the initial public offering price less the underwriting discount to cover over-allotments, if any. The offering is expected to close on April 16, 2026, subject to customary closing conditions. Celine and Partners, P.L.L.C. is ...Full story available on Benzinga.com