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QUMSU

Quantumsphere Acquisition Corp. Units

QUMSU

Quantumsphere Acquisition Corp. Units • NASDAQ
$10.15 ▼ -0.29% (-0.03)
Market Cap $86.36 M
52w High $10.27
52w Low $10.02
Dividend Yield 0%
P/E 0
Volume 614
Outstanding Shares 8.51M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $0 $596.977K ▲ $-90.319K ▼ 0% $-0.01 $0 ▲
Q1-2025 $0 $15.75K $-15.459K 0% $-0.01 $-15.459K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $444.818K ▲ $83.893M ▲ $3.362M ▲ $-2.772M ▼
Q1-2025 $7.559K $213.523K $220K $-6.477K

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-90.319K ▼ $-563.135K ▼ $-82.8M ▼ $83.8M ▲ $437.259K ▲ $-563.135K ▼
Q1-2025 $-15.459K $17.603K $0 $-74.401K $-56.798K $17.603K

Five-Year Company Overview

Income Statement

Income Statement QUMSU is essentially a blank‑check shell at this stage, so its income statement tells a very simple story: no revenue, no real operating activity, and only a very small loss per share. That loss likely reflects basic setup and administrative costs rather than an ongoing business. In other words, there is no underlying operating performance to analyze yet; the future target company will completely redefine this picture.

Balance Sheet

Balance Sheet The balance sheet data provided is effectively empty, which is typical for a pre‑IPO or just‑formed shell. Right now, it does not appear to hold operating assets, meaningful cash, or debt in the reported period. For a vehicle like this, the balance sheet usually becomes relevant only after the IPO, when cash is raised and placed in trust, and again later when a merger is completed. Until then, the balance sheet is more of a legal shell than an operating snapshot.

Cash Flow

Cash Flow Reported cash flows are flat, which matches the idea of a newly formed entity with no real business activity. There is no sign yet of cash being generated or used in operations, investing, or financing in any meaningful way. In practice, once the IPO happens, most of the cash flow will relate to capital raised, trust account movements, and transaction costs, not business operations. Real operating cash dynamics will only appear after a merger with a target company.

Competitive Edge

Competitive Edge As a shell / acquisition company, QUMSU’s “competition” is not in selling products but in finding and closing an attractive deal before its deadline. It is essentially competing with other SPACs, private equity funds, and strategic buyers for promising targets. Without details on its sponsor team, deal pipeline, or sector focus, it is hard to judge its edge. The broader SPAC market has become more challenging, with more scrutiny and pickier investors, which generally makes it harder for any one vehicle to stand out.

Innovation and R&D

Innovation and R&D QUMSU itself does not appear to have its own research and development; it exists to acquire someone else’s business. The background material provided, however, describes QuantumScape’s solid‑state battery technology: a proprietary ceramic separator, anode‑free design, and a deep patent portfolio, supported by a major auto partnership. That profile illustrates the kind of technology‑rich, high‑moat business many acquisition vehicles would like to partner with—high potential, but also heavy technical and manufacturing risk, long timelines, and dependence on a few key partners. If QUMSU targets a similar space, investors would be weighing breakthrough innovation potential against significant execution uncertainty.

Summary

QUMSU is currently a financial shell with no operating business, no revenue, and no meaningful cash flows. The historical figures are not very informative because the company’s purpose is to raise cash and then merge with an operating target; only after that will traditional financial analysis become truly useful. For now, the key considerations are structural: the quality and track record of the sponsors, their ability to source and negotiate a strong deal, the terms offered to shareholders, and the kind of sector they intend to pursue. The technology discussion provided (about QuantumScape) highlights the kind of ambitious, high‑innovation target that can create substantial upside but also carries high technical, regulatory, and commercialization risks. Overall, QUMSU is in a very early and highly uncertain stage where the eventual acquisition will drive almost all of its future financial profile.

NEWS

October 3, 2025 · 8:15 PM UTC

SACH Pte. Ltd. Announces the Agreement and Plan of Merger with Quantumsphere Acquisition Corporation

Read more

September 26, 2025 · 8:01 PM UTC

Quantumsphere Acquisition Corporation Announces Separate Trading for Public Offering Units Starting September 30, 2025

Read more