Recent Updates — QETA
On October 10, 2026, Quetta Acquisition Corporation deposited an aggregate of $5,000 into its trust account. This payment extends the period available to consummate an initial business combination by one month, moving the deadline from October 10, 2026, to November 10, 2026. The company operates as a blank check entity focused on identifying and merging with private businesses.
The Nasdaq Stock Market notified Quetta Acquisition Corporation that it will delist the company's common stock, rights, and units due to non-compliance with SPAC listing rules requiring a business combination within 36 months of the IPO effective date of October 5, 2023. Trading for symbols QETA, QETAR, and QETAU is suspended at market open on October 14, 2026, followed by removal from Nasdaq registration. The company does not intend to appeal but expects securities to trade on the OTC Pink Market under existing symbols. Quetta maintains its intention to complete a previously announced business combination with Smart Kreate Group Limited and seeks relisting on a national exchange upon completion.
Quetta Acquisition Corporation stockholders approved an amendment extending the deadline for consummating an initial business combination from October 10, 2026, to October 10, 2027. Approximately 80.39% of outstanding shares voted in favor. In connection with the vote, holders of 1,550,843 shares exercised redemption rights at approximately $11.89 per share, resulting in an aggregate payout of roughly $18.4 million. Post-redemption, only 149,860 common shares remain outstanding. The company operates as a blank check entity focused on identifying and merging with private businesses.
Quetta Acquisition Corporation has filed an 8-K announcing that it intends to convene its previously announced special meeting of stockholders on October 8, 2026, and immediately adjourn the meeting to October 9, 2026. The adjournment is intended to provide additional time for the company to solicit proxies regarding proposals outlined in a definitive proxy statement. The record date for the meeting remains September 22, 2026. Proxies previously submitted remain valid and will be voted at the reconvened meeting unless revoked. This filing does not disclose any new substantive business transactions or governance changes beyond the scheduling adjustment. Quetta Acquisition Corporation operates as a blank check company focused on identifying and merging with private operating businesses.