Quantum Leap Acquisition Corp announced the completion of its previously announced initial public offering, issuing 20 million units at a price of $10 per unit, for a total fundraise of $200 million. The related units began trading on the New York Stock Exchange on May 1, 2026 under the code QLEPU; each unit consists of one Class A ordinary share and one redeemable warrant. Following the split, the ordinary shares and warrants are expected to trade separately under QLEP and QLEPW, respectively. The company is a special purpose acquisition company (SPAC) that can seek M&A targets across multiple industries, but plans to focus primarily on AI, quantum computing, and blockchain technology.