Radcliffe Capital Management L.P. Purchases New Position in Quantumsphere Acquisition Corp $QUMSU

Radcliffe Capital Management L.P. 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 150,000 shares of the company’s stock, valued at approximately $1,520,000.

Several other institutional investors have also modified their holdings of QUMSU. JPMorgan Chase & Co. purchased a new stake in Quantumsphere Acquisition in the 3rd quarter worth about $101,000. TrueMark Investments LLC bought a new stake in Quantumsphere Acquisition in the third quarter worth about $101,000. Warberg Asset Management LLC purchased a new position in shares of Quantumsphere Acquisition during the third quarter valued at approximately $420,000. Gabelli Funds LLC purchased a new position in shares of Quantumsphere Acquisition during the third quarter valued at approximately $580,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in shares of Quantumsphere Acquisition during the third quarter valued at approximately $686,000.

Quantumsphere Acquisition Trading Up 5.2%

Shares of NASDAQ QUMSU opened at $10.63 on Friday. Quantumsphere Acquisition Corp has a fifty-two week low of $10.02 and a fifty-two week high of $10.27. The business’s 50 day moving average price is $10.23 and its 200-day moving average price is $10.18.

About Quantumsphere Acquisition

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.