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”).