Core Points - SuperQ Quantum Computing Inc. has successfully closed a financing round, raising a total of $3,450,000 through the issuance of 3,285,713 units at a price of $1.05 per unit, including the full exercise of the over-allotment option [1][2] - Each unit consists of one common share and one share purchase warrant, with the warrant allowing the purchase of an additional share at $1.40 for a period of thirty-six months [2] - The offering was led by Hampton Securities Limited, which received a 7% cash commission on the gross proceeds and broker warrants equivalent to 7% of the units issued [3] Use of Proceeds - The net proceeds from the offering will be utilized for quantum hardware development, including human resources, lab facilities, software, equipment, research, product development, and general working capital needs [4] Regulatory Information - The units were sold under specific Canadian securities regulations and are not subject to a hold period, while broker warrants are subject to a four-month and one-day hold period [5] Company Overview - SuperQ Quantum Computing Inc. aims to lead in quantum and supercomputing solutions, targeting enterprise transformation and providing direct ROI for global organizations [6][7] - The company's flagship Super™ platform is designed to make advanced computational power accessible, enabling various sectors to address complex challenges effectively [7]

Core Insights - SuperQ Quantum Computing Inc. has appointed Renae Barlow as Vice President, Global Ecosystems to expand its quantum Super™ Network and strengthen relationships with government and funding bodies [1][2][4] - The company will leverage funding from the Innovative Work-Integrated Learning Initiatives (I-WIL) and DIGITAL Innovation Supercluster to hire talent from top Canadian universities [1][4][5] Group 1: Leadership Appointment - Renae Barlow brings over 30 years of experience in economic development and tech ecosystem building, having led initiatives like Economic Development Lethbridge and the world's first Quantum Super Hub [2][3] - Her role will focus on creating a global network of Quantum Super Hubs, enhancing access to advanced computing for businesses and communities [3][4] Group 2: Funding and Talent Development - SuperQ has received approval for funding through the AKITO-Riipen workforce development program to hire post-secondary students for R&D projects [4][5] - This initiative aims to engage students in innovation and research assignments, accelerating project delivery and nurturing the next generation of talent in Canada's quantum ecosystem [5][6] Group 3: Company Vision and Strategy - SuperQ aims to position itself as a leader in quantum and supercomputing, providing solutions that deliver immediate business impact across various sectors [8][9] - The company's flagship Super™ platform is designed to make advanced computational power accessible, enabling organizations to tackle complex challenges effectively [9]

Core Insights - SuperQ Quantum Computing Inc. has entered a strategic partnership with ArcTech Accelerate to enhance its position in Canada's defence and government procurement markets [1][3][5] - The collaboration will leverage ArcTech's expertise in federal procurement and its successful track record in helping Canadian SMEs secure over $100 million in funding and contract opportunities [4][7] - The partnership aims to integrate SuperQ's quantum computing capabilities into national defence programs, thereby accelerating its access to defence-related contracts and government revenue streams [6][8] Company Overview - SuperQ Quantum Computing Inc. is a leader in quantum and supercomputing, focusing on providing advanced computational solutions to global organizations [10][11] - The company's flagship Super™ platform aims to make quantum computing accessible and impactful for various sectors, including finance, healthcare, and defense [11] - SuperQ is strategically expanding its presence internationally, particularly in the US, Middle East, and Asia [11] Partnership Details - The partnership will be led by Daniel Martimbeault from ArcTech, who has extensive experience in Canada's defence procurement ecosystem [2][5] - ArcTech has a history of enabling Canadian companies to engage with Tier-1 prime contractors, facilitating long-term supplier roles and growth opportunities [5][7] - The collaboration is expected to enhance SuperQ's credibility and access to prime contractors and federal agencies, positioning it as a trusted partner in national programs [5][6] Financial Arrangement - SuperQ has reached an agreement to settle outstanding debt of $165,375 through the issuance of 137,812 common shares at a price of $1.20 per share [8]