Quantumsphere Acquisition Corp (QUMS) is a blank-check special purpose acquisition company formed to identify and complete a merger or business combination with a private operating business. The company holds capital in trust and generates no operating revenue, with its economics tied entirely to the successful closing of a qualifying transaction. As of the 10-Q filed February 20, 2026, QUMS had entered into an Agreement and Plan of Merger dated October 3, 2025, with Omnivate Global Ltd. and SACH Pte. Ltd., a Singapore-based company, through a structure involving Cayman Islands holding entities. The company engaged Aspira Capital Consulting LTD under a finder's agreement on August 8, 2025, committing a $300,000 non-refundable retainer (paid in full as of December 31, 2025), a $3,500,000 success fee contingent on transaction closing, and up to $150,000 in expense reimbursements. The proposed business combination remains subject to customary closing conditions as of the filing date.

Revenue model

No operating revenue. QUMS is a pre-combination SPAC; its financial outcome depends on closing the proposed merger with SACH Pte. Ltd. Transaction-related costs include a $300,000 finder's retainer and a $3,500,000 contingent success fee payable to Aspira Capital Consulting LTD upon closing.

Products and services

Blank-check acquisition vehicle seeking a business combination. No products or services of its own as of the 10-Q filed February 20, 2026.

Customers and end markets

No customers or end markets. The sole commercial counterparties disclosed in the filing are Omnivate Global Ltd. (Cayman Islands), SACH Pte. Ltd. (Singapore), and finder Aspira Capital Consulting LTD.

Value-chain role

SPAC sponsor and acquisition vehicle; acts as the public shell entity in a proposed merger structure involving Cayman Islands and Singapore holding companies.

Geographic exposure

Proposed transaction involves entities incorporated in the Cayman Islands and Singapore, as disclosed in the October 3, 2025 Merger Agreement.

Source: SEC 10-Q, filed 2026-02-20

Industry: Blank Checks