Quantum Leap Acquisition has filed for an initial public offering.
The Cayman Islands-based blank-check company plans to sell 20 million units at $10 apiece, according to a filing with the Securities and Exchange Commission on Tuesday.
The company granted underwriters a 45-day option to purchase an additional 3 million units to cover over-allotments, if any.
Quantum Leap Acquisition expects to receive proceeds of $200 million, or $230 million if the underwriter’s over-allotment option is exercised in full.
The company said it will favor artificial intelligence-, quantum computing- and blockchain technology-oriented acquisition targets, but it hasn’t selected or substantively discussed an initial business combination.
The company will apply to have its units listed on the New York Stock Exchange under the ticker QLEPU, and its Class A shares under the symbol QLEP.
