QuasarEdge Amends Merger Deal With Robseek To Cut Share Classes

QuasarEdge Acquisition Corporation has entered into a first amendment to its merger agreement with Robseek Intelligence Inc., modifying the structure of the transaction and clarifying shareholder rights. The amendment, dated October 6, 2026, was filed with the U.S. Securities and Exchange Commission on the same day. The original Agreement and Plan of Merger was signed on June 9, 2026, between QuasarEdge, Robseek, Robseek Limited, Robseek Inc., and QRED Merger Sub Ltd. Meng Tang participated in the original agreement solely as the representative of Robseek Limited.

The amendment introduces several key changes to the merger terms. It eliminates the dual-class structure of Robseek's ordinary shares, replacing the Class A and Class B designations with a single class of ordinary shares. Under this new structure, each ordinary share of the purchaser will carry one vote. The agreement also clarifies the terms of QuasarEdge's outstanding securities, specifically confirming that each right held by QuasarEdge entitles the holder to receive one-fourth of one ordinary share of the purchaser upon the completion of the initial business combination.

Financial and distribution terms have also been adjusted. The amended shareholder allocation schedule now provides for an aggregate of 100,000,000 closing payment shares. Additionally, the lock-up provisions applicable to the purchaser's ordinary shares issued to QuasarEdge shareholders have been revised. These shares will generally remain subject to transfer restrictions until the earlier of 180 days following the closing or the satisfaction of a specified $12.50 trading-price condition, which begins at least 90 days after closing.

QuasarEdge Acquisition Corporation is a Cayman Islands exempted company headquartered at 1185 Avenue of the Americas in New York. The company is listed on the New York Stock Exchange under the ticker symbols QRED U for units, QRED for ordinary shares, and QRED RT for rights. Each unit consists of one ordinary share with a par value of $0.0001 and one right. Qi Gong, QuasarEdge's Chief Executive Officer, signed the Form 8-K filing on behalf of the registrant. The company has checked the box indicating it is an emerging growth company as defined by the Securities Act of 1933. The full text of the First Amendment to Agreement and Plan of Merger is filed as Exhibit 2.1 with the report.