Quantumsphere Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, ...
Quantumsphere Acquisition Corporation (NASDAQ: QUMS) is a blank check company, also known as a special purpose acquisition company (SPAC), incorporated as a Cayman Islands exempted company with limited liability. The company was founded on July 23, 2024, and is headquartered in New York, NY. Its core purpose is to complete ...Quantumsphere Acquisition Corporation (NASDAQ: QUMS) is a blank check company, also known as a special purpose acquisition company (SPAC), incorporated as a Cayman Islands exempted company with limited liability. The company was founded on July 23, 2024, and is headquartered in New York, NY. Its core purpose is to complete a strategic business combination, such as an acquisition or corporate restructuring, involving one or more prospective enterprises. The company operates with no restrictions concerning the industry sector or geographical region of its intended targets, giving it flexibility to pursue opportunities across various sectors.
Quantumsphere completed its initial public offering (IPO) on August 7, 2025, pricing 8,280,000 units at $10.00 each, raising approximately $82.8 million. Each unit consists of one ordinary share and one right to receive one-seventh of one ordinary share upon the consummation of an initial business combination. The company's units began trading separately on September 30, 2025.
As a SPAC, Quantumsphere has no significant operations and its business activities are limited to identifying and evaluating potential target businesses. The company's management is led by Ping Zhang, who serves as Chairman, CEO, and CFO. The company has no full-time employees, as is typical for SPACs, and relies on its management team and sponsors.
Financially, the company holds funds in a trust account from the IPO proceeds. As of the latest TTM data, the company has a market capitalization of approximately $112.6 million, with an enterprise value of $112.4 million. Its book value per share is $15.245, and tangible book value per share is also $15.245. The company has minimal debt, with debt-to-equity ratio of 0. The company's operating cash flow is negative, reflecting typical SPAC expenses without revenue. The stock has a beta of 0.0036, indicating low volatility.
The company's target business combination may range in size from approximately $180 million to $1 billion, as indicated in the registration statement. Quantumsphere is listed on the NASDAQ Global Select market under the ticker 'QUMS' for its ordinary shares. The company's legal structure includes a trust account for the IPO proceeds, and it has a redemption feature for public shareholders if a business combination is not completed within a specified time frame.
Key people include Ping Zhang (Chairman, CEO, CFO), Wei McCabe, and Qi Gong as other directors. The company's fiscal year ends in December. Investors should note that SPACs carry inherent risks, including the possibility of liquidation if no acquisition is completed.
As of the latest data, the company's stock trades around $10.30, with a 52-week range of $9.92-$10.30. The company is expected to identify a target and complete a business combination, which will determine its future trajectory.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$0
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Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$978206
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+2.1%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
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Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
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Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
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Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-947443
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+80.7%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
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Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
0.0%
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Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
1.29x
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-71.3%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
