Quantum(US:QMCO) Thenewswireยท2025-07-07 23:35Core Viewpoint - SuperQ Quantum Computing Inc. has successfully completed the acquisition of the software platform "Super" from Staque Computing FZ-LLC, marking a significant step in enhancing quantum computing accessibility for various sectors [1][8]. Group 1: Technology Overview - The "Super" platform integrates quantum annealing, gate-based quantum computing, and high-performance computing, enabling organizations to tackle complex problems with a user-friendly interface similar to ChatGPT [2][5]. - Super aims to transform how government agencies, Fortune 500 companies, SMEs, research institutions, and retail users address computational challenges, offering speed, scalability, and security [3][4]. Group 2: Market Positioning - Super's hybrid approach combines AI-driven optimization with classical and quantum computing, allowing for efficient problem-solving by leveraging natural language processing and AI decision-making [5][6]. - The platform is designed to assist various sectors, including manufacturing, energy, life sciences, and finance, in overcoming traditional computing limitations [4][3]. Group 3: Transaction Details - The acquisition involved Atco issuing 10,000,000 Resulting Issuer Shares to Staque, with a share valuation of $0.20, and a consolidation of shares on a ten-for-one basis prior to the transaction [8][11]. - Following the transaction, Staque holds approximately 37.8% of the outstanding Resulting Issuer Shares, while the pre-transaction shareholders retain about 58.4% [11][12]. Group 4: Management Changes - The transaction led to a reconstitution of the Board of Directors and management team, with key resignations and new appointments, including Dr. Muhammad Khan as CEO [9][12].