Quantum Leap's IPO grows to 23 million units after full over-allotment exercise
Quantum Leap Acquisition Corp said the underwriters of its initial public offering fully exercised their over-allotment option, with the final 2,082,608 units closing on June 22, 2026. Total units sold rose to 23,000,000, for aggregate gross proceeds of $230 million at $10.00 per unit. The filing is an administrative update on the offering and does not change the company's business plan.
Key points
- Underwriters gave notice on June 18, 2026 of their exercise of the remaining 2,082,608 over-allotment units; closing occurred June 22, 2026.
- Total units sold reached 23,000,000, with aggregate gross proceeds of $230 million at $10.00 per unit.
- Class A ordinary shares and warrants began separate trading on the NYSE on June 23, 2026, under the symbols QLEP and QLEP WS.
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.