EX-99.1 2 quasaredgeacq_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 QuasarEdge Acquisition Corp Announces the Separate Trading of its Ordinary Shares and Rights New York, NY, May 4, 2026 (GLOBE NEWSWIRE) - QuasarEdge Acquisition Corp (NYSE: QRED U) (the “Company”), a Cayman Islands exempted company, announced that holders of the Company’s units sold in its initial public offering may elect to separately trade the ordinary shares and rights included in the units, commencing on or about May 8. Any units not separated will continue to trade on the New York Stock Exchange (the “NYSE”) under the symbol “QRED U,” and the separated ordinary shares and rights are expected to trade on the NYSE under the symbols “QRED” and “QRED RT,” respectively. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into ordinary shares and rights. Each unit consists of one ordinary share and one right to receive one-fourth (1/4) of one ordinary share upon the consummation of the Company’s initial business combination. This press release shall not constitute an offer to sell or the solicitation of a…
Open exhibit ↗Current Report · Items 8.01, 9.01 · 8-K
QuasarEdge Acquisition Corp
QREDNYSEEQUITYCurrent
Other Events
Item 8.01. Other Events. On May 4, 2026, QuasarEdge Acquisition Corp. (the “Company”) announced that, with the consent of the underwriter, holders of the Company’s units may elect to separately trade the ordinary shares and rights included in the units commencing on May 7, 2026.…
Company context
We are a newly formed blank check company incorporated as a Cayman Islands exempted company on August 8, 2025 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. We do not have any specific business combination under consideration and we have not (nor has anyone on our behalf), directly or indirectly, contacted any prospective target business or had any substantive discussions, formal or otherwise, with respect to such a transaction with our company. Our ability to identify and evaluate a target company may be impacted by significant competition among other SPACs in pursuing a business combination transaction candidate and the significant competition may impact the attractiveness of the acquisition terms that we will be able to negotiate.