NEW YORK, May  04, 2026  (GLOBE NEWSWIRE) -- QuasarEdge Acquisition Corp (NYSE:QRED) (the &#34;Company&#34;), a Cayman Islands exempted company, announced that holders of the Company&#39;s units sold in its initial public offering

QRED

QuasarEdge Acquisition Corp Announces the Separate Trading of its Ordinary Shares and Rights

QuasarEdge Unit Separation Initiates Trading on NYSE

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>NEW YORK, May  04, 2026  (GLOBE NEWSWIRE) -- QuasarEdge Acquisition Corp (NYSE:QRED) (the &amp;#34;Company&amp;#34;), a Cayman Islands exempted company, announced that holders of the Company&amp;#39;s units sold in its initial public offering</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>QuasarEdge Acquisition Corp (NYSE: QRED) announced that starting May 7, holders can separately trade its ordinary shares and rights, a significant development for liquidity. This separation may lead to increased trading volume and investor interest in QRED as it seeks business targets for future mergers.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>QRED allows trading of ordinary shares and rights from May 7.</li><li>Units will trade under separate symbols &#039;QRED&#039; and &#039;QRED RT&#039;.</li><li>Each unit includes one ordinary share and a right to additional shares.</li><li>Holders must contact broker for unit separation.</li><li>QRED is a blank check company focused on mergers and acquisitions.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>QuasarEdge Acquisition Corp (QRED)</strong>: QRED&#039;s unit separation increases potential for future trading activity.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This fits under Corporate Developments as QRED transitions to trading ordinary shares, enhancing its liquidity and attractiveness to investors.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>The trading transition to separate symbols could enhance visibility and liquidity.</li><li>Investors may anticipate mergers or acquisitions following unit separation, driving demand.</li><li>Increased trading volume post-separation may lead to price appreciation.</li><li>Market reactions depend on investor sentiment regarding QRED&#039;s future business targets.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Unit separation effective May 7, 2026.</li><li>Ordinary shares trade under &#039;QRED&#039; and rights under &#039;QRED RT&#039;.</li><li>Each unit consists of one ordinary share and one right.</li><li>Company focused on mergers, share exchanges, and acquisitions.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider acquiring QRED shares as unit separation may boost liquidity and investor interest.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>NEW YORK, May  04, 2026  (GLOBE NEWSWIRE) -- QuasarEdge Acquisition Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/QRED">QRED</a>) (the "Company"), a Cayman Islands exempted company, announced that holders of the Company's units sold in its initial public offering may elect to separately trade the ordinary shares and rights included in the units, commencing on or about May 7.</p>  <p>Any units not separated will continue to trade on the New York Stock Exchange (the "NYSE") under the symbol "QRED U," and the separated ordinary shares and rights are expected to trade on the NYSE under the symbols "QRED" and "QRED RT," respectively. Holders of units will need to have their brokers contact Continental Stock Transfer &amp; Trust Company, the Company's transfer agent, in order to separate the units into ordinary shares and rights.</p>  <p>Each unit consists of one ordinary share and one right to receive one-fourth (1/4) of one ordinary share upon the consummation of the Company's initial business combination.</p>  <p>This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction</p>  <p><strong>About </strong><strong>Quasar</strong><strong>Edge Acquisition Corporation</strong></p>  <p>QuasarEdge Acquisition Corporation is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company's efforts to identify a prospective target business will not be limited to a particular industry or geographic region.</p>  <p><strong>Forward-Looking Statements</strong></p>  <p>This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.</p>  <p><strong>Contact</strong></p>  <p>Qi Gong<br></br>QuasarEdge Acquisition Corporation</p>  <p>Email: <a href="mailto:qigong@quasaredge.co">qigong@quasaredge.co</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTcxMzA3MCM3NTc5MjM1IzIzMTA4Njg="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/Yzc2ZDZkZGEtNzdhMS00MDk5LWJhNWMtNWRkZDlhYTQ3MDhkLTEzMjI0MTgtMjAyNi0wNS0wNS1lbg==/tiny/QuasarEdge-Acquisition-Corp.png" referrerpolicy="no-referrer-when-downgrade"></img>

QuasarEdge Acquisition Corp (NYSE: QRED) announced that starting May 7, holders can separately trade its ordinary shares and rights, a significant development for liquidity. This separation may lead to increased trading volume and investor interest in QRED as it seeks business targets for future mergers.

QuasarEdge Acquisition Corp Announces the Separate Trading of its Ordinary Shares and Rights

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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