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Quantum Leap Acquisition (QLEP-UN) director reports 10,000 Class B founder shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • None.
Insider Novak David (Joshua)
Role null
Type Security Shares Price Value
holding Class B Ordinary Shares [Founder Shares] -- -- --
Holdings After Transaction: Class B Ordinary Shares [Founder Shares] — 10,000 shares (Direct, null)
Footnotes (1)
Class B founder shares held 10,000 shares Total Class B Ordinary Shares [Founder Shares] held following reported holding entry
Form 3 regulatory
"Please analyze the following financial content according to the instructions above. INSIDER FILING DATA (Form 3):"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Class B Ordinary Shares [Founder Shares] financial
""security_title": "Class B Ordinary Shares [Founder Shares]""
direct ownership financial
""direct_or_indirect": "D""
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Novak David (Joshua)

(Last)(First)(Middle)
WILLOW WORKPLACE MENLO PARK
80 WILLOW ROAD

(Street)
MENLO PARK CALIFORNIA 94025

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
05/04/2026
3. Issuer Name and Ticker or Trading Symbol
Quantum Leap Acquisition Corp [ QLEP ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class B Ordinary Shares [Founder Shares]10,000D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ David Novak05/07/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Quantum Leap Acquisition Corp (QLEP-UN) disclose in this Form 3?

The Form 3 shows director Novak David (Joshua) reporting initial ownership of 10,000 Class B ordinary founder shares. This filing establishes his starting equity position as an insider but does not detail any recent transactions or changes in holdings.

How many shares does Novak David (Joshua) hold in Quantum Leap Acquisition Corp?

Novak David (Joshua) reports holding 10,000 Class B ordinary founder shares directly. This total is listed as his position following the reported holding entry and represents his disclosed ownership stake as of the Form 3 reporting date.

Does the QLEP-UN Form 3 show any insider buying or selling activity?

The Form 3 does not show insider buying or selling activity. It records a holding entry with an unknown transaction code, indicating 10,000 Class B founder shares held, but no explicit purchase, sale, exercise, or gift transactions are reported in this filing.

What type of security does the Quantum Leap Acquisition Corp director hold?

The director holds Class B Ordinary Shares labeled as founder shares. These typically represent a sponsor or founder equity interest in a special purpose acquisition company, and here are reported as 10,000 shares held directly by Novak David (Joshua).

Is the ownership reported by Novak David (Joshua) in QLEP-UN direct or indirect?

The ownership is reported as direct. The filing marks the 10,000 Class B ordinary founder shares with a direct ownership code, and no additional footnotes describe indirect holdings through entities, trusts, or other arrangements in this Form 3.