Core Viewpoint - Arqit Quantum Inc. has entered into a definitive securities purchase agreement for the sale of 5,440,000 ordinary shares at an offering price of $2.50 per share, aiming to raise approximately $13.6 million for general corporate purposes [1][3]. Group 1: Offering Details - The offering involves a registered direct offering of 5,440,000 ordinary shares at $2.50 each, with gross proceeds expected to be around $13.6 million before expenses [1][3]. - A concurrent private placement will issue unregistered warrants to purchase up to 5,440,000 ordinary shares, exercisable under specific conditions [2]. - The offering is expected to close on or about September 30, 2024, but no later than October 9, 2024 [3]. Group 2: Warrants Information - The warrants will be exercisable for a period of one year following the exercise date, which is contingent upon certain conditions being met [2]. - The warrants will terminate five years after the date of issuance or at the end of the exercise period [2]. Group 3: Regulatory Compliance - The offering is made under a "shelf" registration statement filed with the SEC, and a prospectus supplement will be filed in relation to the offering [4]. - The unregistered warrants and shares are offered in a private placement under Section 4(a)(2) of the Securities Act, meaning they cannot be sold in the U.S. without an effective registration statement or applicable exemption [5]. Group 4: Company Overview - Arqit Quantum Inc. specializes in quantum encryption technology, providing a unique encryption software service that secures communications against current and future forms of attack, including from quantum computers [7]. - The company's technology is compatible with NSA standards and allows for the creation of computationally secure encryption keys locally on endpoint devices [7].

HOBOKEN, N.J., Sept. 30, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, announced the extension of its Cooperative Research and Development Agreement (CRADA) with the Los Alamos National Laboratory (LANL). This strategic collaborative agreement focuses on QCi's new entropy quantum optimization machine, Dirac-3, and its capabilities to quickly and efficiently solve highly complex problems associat ...

Radical Semiconductor Acquisition: BTQ Technologies has successfully acquired the assets of Radical Semiconductor Inc., a hardware security innovator specializing in cryptographic accelerators, including their revolutionary CASH architecture. Radical's innovative approach, which leverages processing-inmemory technology, offers secure, agile, and reconfigurable cryptographic solutions supporting postquantum algorithms and emerging cipher suites. This acquisition solidifies BTQ's leadership in postquantum cry ...

. . | --- | --- | |-------------------------------------------------|-------| | | | | Quantum Battery Metals Announces Clarifying | | | News Release Regarding Share Consolidation on a | | | Basis of 8 for 1 | | September 20, 2024 1:01 PM EDT | Source: Quantum Battery Metals Corp. Vancouver, British Columbia--(Newsfile Corp. - September 20, 2024) - Quantum Battery Metals Corp. (CSE: QBAT) (OTC Pink: BRVVF) (FSE: 23B0) ("Quantum" or the "Company"), announces that it has proposed a share consolidation of its c ...

VANCOUVER, BC, Sept. 18, 2024 /PRNewswire/ - BTQ Technologies Corp. (the "Company") (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), a global quantum technology company focused on securing missioncritical networks, is pleased to announce the expansion of its leadership team with the addition of several globally recognized experts in quantum computing, cryptography, and cybersecurity. These appointments align with BTQ's commitment to addressing the urgent security challenges posed by largescale universal quantum co ...

Toronto, Ontario--(Newsfile Corp. - September 13, 2024) - Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) (FSE: 0K9) ("Quantum BioPharma" or the "Company"), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions, announces that, further to its press release dated September 6, 2024 (the "September 6th Press Release"), as approved by the shareholders of the Company at the annual general and special meeting of shareholders held on July 22, 2024, the Company h ...

SUGAR LAND, Texas, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Applied Optoelectronics Inc. ("AOI") (NASDAQ: AAOI), a leading provider of fiber-optic access network products for internet datacenter, cable broadband, telecom and fiber-to-the-home (FTTH) markets, announces its latest Quantum18™ product series, designed for cable operators to upgrade to 1.8GHz and integrate into legacy Motorola housings. At the forefront of AOI's new Quantum18 product line is the Quantum18 1.8GHz Node, offering multiple compatibility o ...

SEATTLE, Sept. 12, 2024 /PRNewswire/ -- Spectral Capital Corporation (OTCQB:FCCN), a pioneer in quantum computing and decentralized cloud technologies, is excited to announce the formation of its Quantum Bridge Advisory Board. This expert advisory group will provide strategic guidance to Spectral's Quantum Bridge Initiative, aimed at revolutionizing data, decentralized cloud infrastructure and emerging cutting-edge quantum computing technologies. The initiative will span 16 global regions and 251 nations, p ...

HOBOKEN, N.J., Sept. 11, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, announced that on September 11, 2024, the Company filed its Form 10-K/A for the year ended December 31, 2023, with the United States Securities and Exchange Commission (SEC). The filing contains the restatement of the Company's previously issued consolidated financial statements for the fiscal years ended December 31, 2023 an ...

The university's renewed investment in the National Quantum Laboratory bolsters Maryland's leadership in quantum computing COLLEGE PARK, Md., Sept. 11, 2024 /PRNewswire/ -- The University of Maryland, an international powerhouse in quantum research and applications, and IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced they have signed a $9 million agreement to expand their partnership to provide state-of-the-art quantum computing access at the National Quantum Lab at Maryland ( ...