Robseek Intelligence Inc. Announces Entering into an Agreement and Plan of Merger with QuasarEdge Acquisition Corporation

NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) -- Robseek Intelligence Inc., a Cayman Islands exempted company (“Robseek” or the “Company”) announced today that it has entered into an Agreement and Plan of Merger (the “Agreement”) with QuasarEdge Acquisition Corporation (NYSE: QRED, QRED RT, and QRED U) (“QuasarEdge”), a Cayman Islands exempted company and special purpose acquisition company, Robseek Inc., a Cayman Islands exempted company and wholly owned subsidiary of QuasarEdge (the “Purchaser”), and QRED Merger Sub Ltd., a Cayman Islands exempted company and wholly owned subsidiary of the Purchaser (the “Merger Sub”), and Robseek Limited, a business company incorporated under the Laws of British Virgin Islands (the “Principal Shareholder”), and Meng Tang, an individual, solely in his capacity as the shareholder representative, agent and attorney-in-fact of the Principal Shareholder, pursuant to which Merger Sub will merge with and into the Company, with the Company surviving as a wholly owned subsidiary of the Purchaser, and QuasarEdge will merge with and into the Purchaser, with the Purchaser surviving as the publicly traded company (the “Proposed Transaction”).

Deal terms and rationale

Why it matters

For industry operators, this is another data point in the structural change reshaping the deals sector. Watch for follow-on moves from competitors and reactions from key channel partners in the coming quarters.

NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) -- Robseek Intelligence Inc., a Cayman Islands exempted company (“Robseek” or the “Company”) announced today that it has entered into an Agreement and Plan of Merger (the “Agreement”) with QuasarEdge Acquisition Corporation (NYSE: QRED, QRED RT, and QRED U) (“QuasarEdge”), a Cayman Islands exempted company and special purpose acquisition company, Robseek Inc., a Cayman Islands exempted company and wholly owned subsidiary of QuasarEdge (the “Purchaser”), and QRED Merger Sub Ltd., a Cayman Islands exempted company and wholly owned subsidiary of the Purchaser (the “Merger Sub”), and Robseek Limited, a business company incorporated under the Laws of British Virgin Islands (the “Principal Shareholder”), and Meng Tang, an individual, solely in his capacity as the shareholder representative, agent and attorney-in-fact of the Principal Shareholder, pursuant to which Merger Sub will merge with and into the Company, with the Company surviving as a wholly owned subsidiary of the Purchaser, and QuasarEdge will merge with and into the Purchaser, with the Purchaser surviving as the publicly traded company (the “Proposed Transaction”).

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Written by Michael Politz, Author of Guide to Restaurant Success: The Proven Process for Starting Any Restaurant Business From Scratch to Success (ISBN: 978-1-119-66896-1), Founder of Food & Beverage Magazine, the leading online magazine and resource in the industry. Designer of the Bluetooth logo and recognized in Entrepreneur Magazine's "Top 40 Under 40" for founding American Wholesale Floral, Politz is also the Co-founder of the Proof Awards and the CPG Awards and a partner in numerous consumer brands across the food and beverage sector.