QTREX Quantum prices $10 million private placement of 6,666,667 shares
PUBT · 8h ago
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- QTREX priced an unregistered private placement of 6,666,667 ordinary shares or equivalents for gross proceeds of about USD 10 million.
- Closing is expected on or about June 1, 2026, subject to customary conditions.
- Net proceeds are earmarked for working capital, general corporate purposes.
- A.G.P./Alliance Global Partners is sole placement agent.
- Shares were sold under a Securities Act exemption; QTREX plans to file a resale registration statement under a registration rights agreement.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. QTREX Quantum Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605290800PRIMZONEFULLFEED9728724) on May 29, 2026, and is solely responsible for the information contained therein.
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