QuasarEdge Acquisition Corp: amends merger agreement

What happened QuasarEdge Acquisition Corp reported that on Oct 6, 2026 the parties entered into a First Amendment to the Agreement and Plan of Merger (the "Amendment") related to the Merger Agreement originally entered into on Jun 9, 2026 among QRED, Robseek Intelligence Inc., Robseek Limited, Meng Tang (as representative), Robseek Inc. (the "Purchaser") and QRED Merger Sub Ltd. The filing describes changes to the treatment of QRED’s outstanding rights and units and other clarifying and conforming amendments.

Key details

• The Amendment clarifies that each QRED right entitles the holder to receive 1/4 of one ordinary share of Purchaser upon the consummation of an initial business combination.
• The Amendment eliminates the Class A and Class B ordinary share structure of Purchaser and provides for a single class of Purchaser ordinary shares, with each Purchaser ordinary share entitled to one vote.
• The shareholder allocation schedule was amended and restated to provide for an aggregate of 100,000,000 closing payment shares.
• Lock-up provisions were amended so that Purchaser ordinary shares issued to QRED’s shareholders generally remain subject to transfer restrictions until the earlier of 180 days following the closing and the satisfaction of a specified $12.50 trading-price condition beginning at least 90 days following the closing.

Why it may matter This item is Item 1.01 (entry into a material definitive agreement) and covers amendments to the parties’ merger agreement and related share and rights treatment. This filing does not show why the insider traded or why the company acted.