QUMS · Quantumsphere Acquisition Corp
$10.27
+0.00 (+0.00%)
At close · Jul 29
Going-concern doubt
— flagged Jun 15, 2026
Substantial doubt about the company's ability to continue as a going concern.
“There is no assurance that the Company’s plans to raise capital or to consummate a Business Combination will be successful within the Combination Period. The Company lacks the financial resources it needs to sustain operations for a reasonable period of time, which is considered to be one year from the date of the issuance of the financial statements. Therefore, management has determined that these conditions raise substantial doubt about the Company’s ability to continue as a going concern until the earlier of the consummation of the Business Combination or the date the Company is required to liquidate.”View the 10-K filed Jun 15, 2026
Market Cap
$112.31M
Shares
10.94M
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2025-08-05 | McCabe Daniel M. |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2025-08-05 | Zhang Wei |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2025-08-05 | Gong Qi |
Director, Chairwoman, CEO, and CFO |
Other↑
|
No Securities Owned
|
0 |
Legend
Buy — open-market purchase
Sell — open-market sale
↑ Shares acquired
↓ Shares disposed (gift, conversion, tax…)
Showing 1–3 of 3 transactions
Key facts
CIK
2070900
CUSIP
G7387B106
13F (30d)
1 filings
1 filers