Clear Street Group Inc. Reduces Stock Position in Quantumsphere Acquisition Corp $QUMSU

Clear Street Group Inc. cut its stake in Quantumsphere Acquisition Corp (NASDAQ:QUMSU) by 93.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 14,866 shares of the company’s stock after selling 203,191 shares during the quarter. Clear Street Group Inc.’s holdings in Quantumsphere Acquisition were worth $151,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in QUMSU. JPMorgan Chase & Co. purchased a new stake in shares of Quantumsphere Acquisition in the third quarter valued at approximately $101,000. ATW Spac Management LLC purchased a new stake in shares of Quantumsphere Acquisition in the third quarter valued at approximately $1,013,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in shares of Quantumsphere Acquisition in the third quarter valued at approximately $686,000. Gabelli Funds LLC purchased a new stake in shares of Quantumsphere Acquisition in the third quarter valued at approximately $580,000. Finally, BNP Paribas Financial Markets purchased a new stake in shares of Quantumsphere Acquisition in the third quarter valued at approximately $1,037,000.

Quantumsphere Acquisition Stock Performance

QUMSU stock opened at $10.34 on Tuesday. The business has a 50 day simple moving average of $10.51 and a 200-day simple moving average of $10.35. Quantumsphere Acquisition Corp has a 1 year low of $10.02 and a 1 year high of $10.99.

About Quantumsphere Acquisition

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.