18:44:22 EDT Fri 18 Jul 2025
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Quantum Emotion Corp
Symbol QNC
Shares Issued 190,981,171
Close 2025-05-29 C$ 1.82
Market Cap C$ 347,585,731
Recent Sedar Documents

Quantum Emotion arranges $6-million private placement

2025-05-30 04:33 ET - News Release

Dr. Francis Bellido reports

QUANTUM EMOTION ANNOUNCES BROKERED LIFE FINANCING OF C$6,000,000

Quantum Emotion Corp. has arranged a best effort brokered private placement for total gross proceeds of at least $6-million, consisting of at least four million units of the corporation at a price of $1.50 per unit pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 (Prospectus Exemptions).

Each unit will consist of: (i) one common share in the capital of the corporation; and (ii) one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at a price of $1.82 for a period of three years following the closing date (as defined herein).

The corporation intends to use the net proceeds raised from the offering to accelerate the pace of its research and development efforts, expand the R&D team, hire staff for the commercialization initiatives under way, and expand the presence of Quantum Emotion in the U.S. and other markets, and for general working capital needs.

AGP Canada Investments ULC is acting as the sole bookrunner and agent for the offering, and AGP/Alliance Global Partners is acting as sole U.S. placement agent for the offering.

Subject to compliance with applicable regulatory requirements and in accordance with NI 45-106, the securities issued pursuant to the LIFE are expected to be immediately freely tradable and will not be subject to a hold period under applicable Canadian securities laws. The units may also be offered to persons in the United States pursuant to exemptions from the registration requirements under the U.S. Securities Act of 1933, as amended, and all applicable U.S. state securities laws, as well as outside of Canada and the United States on a basis which does not require the qualification or registration of any of the corporation's common shares or require the corporation to be subject to any continuing disclosure requirements under any domestic securities laws.

There is an offering document related to the offering that can be viewed under the corporation's profile at SEDAR+ and on the corporation website. Prospective investors should read this offering document before making an investment decision.

It is expected that closing of the offering will take place on or about June 2, 2025. Closing of the offering is subject to certain conditions, including, but not limited to, receipt of all necessary approvals.

As consideration for their services, the agent will receive an aggregate cash fee equal to 6.0 per cent of the gross proceeds of the offering. In addition, the corporation will issue to the agent non-transferable warrants representing 4.0 per cent of the aggregate number of units issued pursuant to the offering. Each agent warrant will entitle the holder to purchase one common share of the corporation at a price of $1.66 for a 30-month period from the date of issuance.

About Quantum Emotion Corp.

The company's mission is to address the growing demand for affordable hardware and software security for connected devices. As a result of its patented quantum random number generator, Quantum Emotion has become a pioneering force in classical and quantum cybersecurity solutions. This security solution exploits quantum mechanics' built-in unpredictability and promises to provide enhanced protection for high-value assets and critical systems.

We seek Safe Harbor.

© 2025 Canjex Publishing Ltd. All rights reserved.