GABELLI & Co INVESTMENT ADVISERS INC. Makes New $686,000 Investment in Quantumsphere Acquisition Corp $QUMSU

GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in Quantumsphere Acquisition Corp (NASDAQ:QUMSU) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 67,700 shares of the company’s stock, valued at approximately $686,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in QUMSU. ATW Spac Management LLC bought a new stake in shares of Quantumsphere Acquisition during the 3rd quarter valued at $1,013,000. JPMorgan Chase & Co. acquired a new position in shares of Quantumsphere Acquisition during the 3rd quarter worth $101,000. Warberg Asset Management LLC bought a new stake in shares of Quantumsphere Acquisition during the 3rd quarter valued at approximately $420,000. Finally, TrueMark Investments LLC bought a new position in shares of Quantumsphere Acquisition in the 3rd quarter valued at $101,000.

Quantumsphere Acquisition Trading Up 1.4%

Shares of NASDAQ QUMSU opened at $10.24 on Friday. The company has a 50 day simple moving average of $10.21 and a 200 day simple moving average of $10.17. Quantumsphere Acquisition Corp has a 1 year low of $10.02 and a 1 year high of $10.27.

Quantumsphere Acquisition Profile

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.