Quantum Leap Acquisition, a blank check company targeting AI, quantum computing, and blockchain technology, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock, and one warrant to purchase a share, exercisable at $11.50.
Quantum Leap Acquisition is led by CEO and Director Kervin Pillay, who previously served as the Automation CTO in the Mobility and Automation Business Unit at Cisco Systems. He is joined by CFO and Chairman Haydar Haba, who currently serves as the CEO and Managing Partner of Andra Capital. The SPAC intends to target a business in AI, quantum computing, and blockchain technology sectors.
The Menlo Park, CA-based company will trade on the NYSE under the symbol QLEPU. A.G.P. acted as sole bookrunner on the deal.
