Workflow
SCOPE AI to Acquire Advanced Quantum Security Technology to Fortify Data Protection
QMCOQuantum(QMCO) Prnewswire·2024-07-09 12:00

Key Benefits of the Acquisition: About the QSE Technology Under the terms of the Technology Agreement, Scope will acquire Ovryde's ownership and rights relating to the QSE Technology. In consideration of the QSE Technology, Scope has agreed to pay to Ovryde $400,000 and issue to Ovryde 2,800,000 common shares of the Company (the "Consideration Shares") on closing of the transaction. The Company is also pleased to announce a private placement financing of 1,250,000 common shares at a price of $1.60 per share ...