Quantum Leap Acquisition Corp insider Paddington Partners 88 LLC, identified as a director, CEO and 10% owner, filed an initial statement of beneficial ownership. The filing reports 654,500 Class A ordinary shares from private placement units, 6,325,000 Class B founder shares, and 654,500 Private Placement Warrants exercisable at $11.50 per share. Of the founder shares, up to 825,000 may be forfeited depending on underwriters’ over-allotment activity.
Quantum Leap Acquisition Corp director and Chief Executive Officer Pillay Kervin filed an initial statement of beneficial ownership. The filing shows direct ownership of 10,000 Class B Ordinary Shares (Founder Shares). This Form 3 records an existing position and does not reflect a new buy or sell transaction.
Quantum Leap Acquisition Corp director reports initial holdings in a Form 3 filing. Director Novak David (Joshua) lists ownership of 10,000 Class B ordinary founder shares, reported as directly held. The filing records this position but does not show any recent buy or sell transaction.
Quantum Leap Acquisition Corp director Jhang Richard has reported his initial ownership in the company. The Form 3 filing shows he holds 10,000 Class B Ordinary Shares (founder shares) directly following the reported date, with no associated buy or sell transactions disclosed.
Quantum Leap Acquisition Corp filed a Form 3 for its Chief Financial Officer, Haba Haydar. This document identifies Haydar as an officer but shows no reportable share transactions or option exercises in the data provided.
The transaction summary lists zero buys, zero sells, zero gifts, and no derivative exercises, indicating this is a positional disclosure rather than an active trading update.
Quantum Leap Acquisition Corp completed its initial public offering of 20,000,000 units at $10.00 per unit, raising gross proceeds of $200,000,000. Each unit includes one Class A ordinary share and one redeemable warrant exercisable for one share at $11.50.
The company also sold 594,500 private placement units to its sponsor for $5,945,000. A total of $202,000,000 from the IPO and private placement was placed in a U.S. trust account, with $1,215,000 allocated to working capital. Quantum Leap, a blank check company, has 18 months from the IPO closing to complete an initial business combination.
Quantum Leap Acquisition Corp is conducting an initial public offering of 20,000,000 units at $10.00 per unit for aggregate gross proceeds of $200,000,000. Each unit contains one Class A ordinary share and one redeemable warrant exercisable at $11.50. The company is a Cayman Islands blank check company formed to effect an initial business combination and has not identified any target. The sponsor, Paddington Partners 88 LLC, committed to purchase 594,500 private placement units (or 654,500 if the underwriters’ over-allotment is exercised) concurrently with this offering. Public shareholders will have redemption rights in connection with an initial business combination; redemptions are subject to certain limitations and a minimum net tangible asset floor of $5,000,001.
Quantum Leap Acquisition Corp is conducting an initial public offering of 20,000,000 units at $10.00 per unit, for an aggregate public offering of $200,000,000. Each unit contains one Class A ordinary share and one redeemable warrant exercisable at $11.50. The underwriters have a 45-day option to purchase up to 3,000,000 additional units. The sponsor, Paddington Partners 88 LLC, will purchase 594,500 private placement units for approximately $5,945,000 (or $6,545,000 if the over-allotment is exercised). Founder shares (Class B) were issued at a nominal price and will convert into Class A shares upon a business combination, with anti-dilution conversion mechanics designed to yield approximately 25% of post-offering ordinary shares on an as‑converted basis. The company is a Cayman Islands blank check company with an 18-month completion window to effect an initial business combination and lists its units for NYSE trading under QLEPU.