Paddington Partners 88 LLC - 30 Apr 2026 Form 3 Insider Report for Quantum Leap Acquisition Corp (QLEP)

Reporting relationship: CEO, Director, 10%+ Owner
Issuer ticker: QLEP
Reported as of: 30 Apr 2026
Net transaction value: $0
SEC form: 3
Accepted by SEC: 07 May 2026, 19:56:19 UTC
Source filing: View source filing
Reporting owner signature: Paddington Partners 88 LLC By: Euphoria Capital, its Managing Member /s/ Kervin Pillay, a Sole Director of Euphoria Capital

Key filing fact

Paddington Partners 88 LLC filed Form 3 for Quantum Leap Acquisition Corp (QLEP) on 07 May 2026.

Key facts

This page summarizes Paddington Partners 88 LLC's Form 3 filing for Quantum Leap Acquisition Corp (QLEP).
0 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 07 May 2026, 19:56.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reporting Owners (1)

CIK 0002102255 Primary reporting owner

Paddington Partners 88 LLC

Relationship: CEO, Director, 10%+ Owner
Address: WILLOW WORKPLACE MENLO PARK, 80 WILLOW ROAD, MENLO PARK
Signature: Paddington Partners 88 LLC By: Euphoria Capital, its Managing Member /s/ Kervin Pillay, a Sole Director of Euphoria Capital
Signature date: 07 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

QLEP holding

Class B ordinary shares ("founder shares")

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 6,325,000
Date: 30 Apr 2026
Ownership: Direct
Footnotes: F2

QLEP holding

Class A ordinary shares (from Private Placement Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 654,500
Date: 30 Apr 2026
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

QLEP holding Derivative

Private Placement Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date: 30 Apr 2026
Ownership: Direct
Underlying class: Class A ordinary shares (private placement units)
Underlying amount: 654,500
Exercise price: $11.50
Footnotes: F1, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Each Private Placement Warrant becomes exercisable on the later of (i) 30 days after the completion of the initial business combination of Quantum Leap Acquisition Corp (the "Issuer" or "Quantum") and (ii) 12 months from the closing of the Issuer's public offering, and expires five years after the completion of the Issuer's initial business combination, or earlier upon redemption or the liquidation of the Issuer, all as described in its final prospectus.

Footnote F2

Of the 6,325,000 Class B ordinary shares (i.e. "founder shares") reported herein, up to 825,000 are subject to forfeiture, in whole or part, depending on the extent to which the underwriters' over-allotment option is not exercised within 45 days after the registration statement's effectiveness.

Footnote F3

Each private placement unit (the "Private Placement Units") consists of one Class A ordinary share and one warrant. The Class A ordinary shares underlying the Private Placement Units are reported in Table I, and the related Private Placement Warrants are reported in Table II.

SEC remarks

Euphoria Capital LLC ("Euphoria") is the managing member of the Paddington 88 Partners LLC (the "Reporting Person" or the "Sponsor"). The Reporting Person is the sponsor of the Issuer. Kervin Pillay is the sole director of Euphoria. Mr. Pillay will file a separate Form 3 to report 10,000 Class B ordinary shares that he holds directly which have been granted as a result of his service as a director of the Issuer. This Form 3 represents securities held of record by the Sponsor. References to potential founder share forfeiture limits reflect the underwriters' 45-day over-allotment option period, which remains open as of the date hereof. Each of Euphoria and Mr. Pillay may be deemed to beneficially own the securities held of record by the Reporting Person by virtue of the foregoing. Each disclaims beneficial ownership of such securities except to the extent his or its pecuniary interest therein, and the inclusion of such securities herein shall not be deemed an admission of beneficial ownership for Section 16 or any other purpose.