$QRED

2 stories mentioning QREDUpdated 16d ago

Every FINWIRES story that references QRED, newest first.

QuasarEdge Acquisition, AI Firm Robseek Intelligence Agree to $1 Billion Merger

QuasarEdge Acquisition (QRED), a blank-check company, and Robseek Intelligence agreed to merge in a deal that implies a pre-money equity value of $1 billion.Under the agreement, a QuasarEdge subsidiary will become the publicly listed company, while Robseek will operate as its wholly owned subsidiary, Robseek said Tuesday.The boards of both companies approved the transaction, which remains subject to shareholder and regulatory approvals and stock-exchange listing approval.Robseek operates the NOVA AI advertising platform and is developing ALIF AI, an AI smart-device system built around an integrated device, data, AI, and services model.QuasarEdge shares rose 3.8% in after-hours trading.

$QRED

Wire49d ago

QuasarEdge Plans to Acquire Robseek Intelligence

QuasarEdge Acquisition (QRED) said Thursday it has entered into a non-binding letter of intent with Robseek Intelligence to pursue a potential business combination.The blank check company said they are exploring a potential share-for-share exchange for QuasarEdge to acquire Robseek.Robseek is an infrastructure platform company building a "device + data + AI + service" ecosystem, it said.Price: $9.88, Change: $+0.01, Percent Change: +0.05%

$QRED

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