Routine insider ownership filing for a SPAC CEO — no trading signal. Monitor for any subsequent business combination announcement or material changes in sponsor shareholdings.
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Executive Summary
Kervin Pillay filed an initial statement of beneficial ownership (Form 3) disclosing direct ownership of 10,000 Class B founder shares in Quantum Leap Acquisition Corp, a blank-check SPAC. This is a routine insider filing for a newly appointed CEO and has no material impact on the company's operations or stock price.
Key Facts
- Kervin Pillay filed Form 3 as a new reporting owner of Quantum Leap Acquisition Corp.
- Pillay directly owns 10,000 Class B Ordinary Shares (founder shares).
- The filing is dated for the period ending May 4, 2026, and was accepted May 7, 2026.
- Additional shares held by the sponsor (Paddington Partners 88 LLC) are reported separately.
Financial Impact
10,000 founder shares — no dollar value disclosed; immaterial relative to SPAC structure.
Risk Factors
- No material risk from this filing; SPACs carry inherent de-SPAC execution risk unrelated to this filing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 3 Filing (Primary) | 0001213900-26-053504 |
| Document: 0001213900-26-053504-index.html | 0001213900-26-053504 |
| Document: 0001213900-26-053504.txt | 0001213900-26-053504 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 29, 2026 17w ago | 8-K | $9.93 $9.98 | ▲ +0.50% | ▲ +1.53% | $10.07 (+1.41%) |
Jun 18, 2026 18w ago | 8-K | — | awaiting T+20 | — | — |
May 18, 2026 23w ago | 8-K | $10.02 $10.00 | ▲ +0.20% | ▲ +1.19% | $10.07 (−0.50%) |
May 7, 2026 24w ago | 3 | $10.01 $10.00 | ▼ −0.10% | ▼ −0.12% | $10.07 (+0.60%) |
May 1, 2026 25w ago | 424B4 | $10.00 $10.01 | ▲ +0.10% | ▼ −5.55% | $10.07 (+0.70%) |
Apr 28, 2026 25w ago | S-1/A | — | awaiting T+20 | — | — |
Feb 26, 2026 34w ago | S-1/A | — | awaiting T+20 | — | — |
US Market Status
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