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Quartzsea to acquire Eight Directions at $515M

PUBLIC · QSEAOct 09, 2026

Acquiring Company

Quartzsea Acquisition

Acquired Company

Eight Directions

New YorkBilbaoVenture CapitalAngel Investment

Description

Quartzsea Acquisition Corp has executed a merger agreement to acquire Eight Directions, valuing the target at roughly $515 million. The transaction is currently pending approvals from shareholders, the SEC, and Nasdaq. The company remains focused on completing this business combination to commence operations. Quartzsea has also addressed compliance issues related to its Nasdaq listing.

Company Information

Company

Quartzsea Acquisition

Location

New York, New York, United States

About

Quartzsea Acquisition Corp is focused on completing its initial business combination. The company is engaged in organizational activities and identifying target companies for mergers. It is currently in the process of merging with its subsidiary. Quartzsea aims to create shareholder value through strategic acquisitions.

Fundz sees it the moment Quartzsea Acquisition makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Eight Directions?

Eight Directions was acquired by Quartzsea Acquisition, based in New York. The deal was reported on October 9, 2026. Quartzsea Acquisition Corp is focused on completing its initial business combination. The company is engaged in organizational activities and identifying target companies for mergers. Quartzsea Acquisition is publicly traded (QSEA) and operates in Venture Capital.

When did Quartzsea Acquisition acquire Eight Directions?

Quartzsea Acquisition's acquisition of Eight Directions was reported on October 9, 2026. Quartzsea Acquisition Corp has executed a merger agreement to acquire Eight Directions, valuing the target at roughly $515 million. The transaction is currently pending approvals from shareholders, the SEC, and Nasdaq. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Eight Directions do?

Eight Directions is a target company selected for acquisition by Quartzsea Acquisition Corp. The valuation of the target is approximately $515 million. Further operational details about Eight Directions are not provided. It is privately held, and is based in Bilbao.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.