QuasarEdge Acquisition Corporation Announces Exercise of Over-Allotment Option

NEW YORK, April 17, 2026 (GLOBE NEWSWIRE) -- QuasarEdge Acquisition Corporation (NYSE: QRED U or the “Company”), today announced that the underwriters of its recently announced initial public offering exercised their over-allotment option to purchase an additional 1,500,000 units at the public offering price of $10.00 per unit, bringing the total units sold to 11,500,000. The closing of the over-allotment option, is expected to occur on April 21, 2026, subject to the satisfaction of customary closing conditions.

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