Polar Asset Management Partners Inc. Purchases Shares of 400,000 Quantumsphere Acquisition Corp $QUMSU

Polar Asset Management Partners Inc. purchased a new position in Quantumsphere Acquisition Corp (NASDAQ:QUMSU) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 400,000 shares of the company’s stock, valued at approximately $4,052,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. bought a new stake in Quantumsphere Acquisition in the 3rd quarter valued at $101,000. TrueMark Investments LLC bought a new stake in shares of Quantumsphere Acquisition in the third quarter worth about $101,000. Warberg Asset Management LLC bought a new stake in shares of Quantumsphere Acquisition in the third quarter worth about $420,000. Gabelli Funds LLC purchased a new stake in shares of Quantumsphere Acquisition in the third quarter worth about $580,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in shares of Quantumsphere Acquisition in the third quarter worth about $686,000.

Quantumsphere Acquisition Price Performance

Shares of Quantumsphere Acquisition stock opened at $10.68 on Friday. The stock has a 50 day moving average of $10.26 and a 200 day moving average of $10.20. Quantumsphere Acquisition Corp has a 12 month low of $10.02 and a 12 month high of $10.32.

About Quantumsphere Acquisition

We are a newly formed blank check company incorporated as a Cayman Islands exempted company on July 23, 2024 under the laws of the Cayman Islands with limited liability. We are formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. Our efforts to identify a prospective target business will not be limited to a particular geographic region or industry.