Lineage Point Capital LP Invests $6.45 Million in Quantum Leap Acquisition Corp $QLEP

Lineage Point Capital LP acquired a new stake in shares of Quantum Leap Acquisition Corp (NYSE:QLEP) during the second quarter, according to its most recent filing with the SEC. The fund acquired 650,000 shares of the company’s stock, valued at approximately $6,454,000. Quantum Leap Acquisition accounts for approximately 1.3% of Lineage Point Capital LP’s investment portfolio, making the stock its 13th biggest holding. Lineage Point Capital LP owned 2.75% of Quantum Leap Acquisition as of its most recent SEC filing.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Quantum Leap Acquisition to a “hold” rating in a research note on Saturday, June 27th.

Quantum Leap Acquisition Stock Up 0.2%

QLEP opened at $10.02 on Friday. The firm’s fifty day moving average price is $9.99. Quantum Leap Acquisition Corp has a one year low of $9.93 and a one year high of $10.10.

Quantum Leap Acquisition Company Profile

Quantum Leap Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Quantum Leap Acquisition Corp. is based in Menlo Park, California.