---
title: "U.S. Stock Market Midday Update: QSEA up 37.84%! Merger agreement sparks market enthusiasm, optimistic valuation outlook"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286433494.md"
description: "QUARTZSEA ACQUISITION CORP ORD USD0.0001 (18/02/2030) (S/R) rose by 37.84%"
datetime: "2026-05-14T14:31:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286433494.md)
  - [en](https://longbridge.com/en/news/286433494.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286433494.md)
---

# U.S. Stock Market Midday Update: QSEA up 37.84%! Merger agreement sparks market enthusiasm, optimistic valuation outlook

**U.S. Stock Market Midday Update**

QSEA rose 37.84%, with increased trading volume. Based on recent news,

1.  On May 14, Quartzsea Acquisition announced a merger agreement with Eight Directions Technology, valuing the company at approximately $515 million. This news significantly boosted the stock price.
    
2.  On May 13, Eight Directions Technology Limited announced a merger agreement with Quartzsea Acquisition Corporation, and the merged company will become a publicly listed company on NASDAQ. This news further boosted market confidence, driving the stock price up. The market reacted positively to the merger deal, pushing the stock price higher

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