Integrated Quantum Technologies Announces Non-Brokered Private Placement of Common Shares

Core Viewpoint - Integrated Cyber Solutions Inc., operating as Integrated Quantum Technologies, announced a non-brokered private placement financing of 1,500,000 common shares at a price of C$1.00 per share, aiming for total gross proceeds of C$1,500,000 [1]. Group 1: Financing Details - The company plans to use the net proceeds from the offering for general working capital and software development [2]. - The offering is subject to certain conditions, including the submission of required forms to the Canadian Securities Exchange [2]. Group 2: Company Overview - Integrated Quantum is focused on building quantum-ready infrastructure to enhance security and scalability for artificial intelligence [4]. - The company's AIQu platform supports its strategy for developing privacy-preserving and resilient AI systems, with VEIL being its first product aimed at protecting sensitive AI data and workflows in enterprise settings [4]. - The proprietary technologies of the company address emerging post-quantum security risks, increasing computational demands, and the complexities of deploying AI at scale [4].