Mr. Francis Bellido reports
QUANTUM EMOTION ANNOUNCES UPSIZED BROKERED LIFE FINANCING OF C$12,000,000
Quantum Emotion Corp. has increased the size of its previously announced best efforts brokered private placement due to increased institutional demand for total gross proceeds of $12-million, consisting of eight million units of the corporation at a price of $1.50 per unit, pursuant to the listed issuer financing exemption (the LIFE exemption under Part 5A of National Instrument 45-106 -- Prospectus Exemptions (NI 45-106).
AGP Canada Investments ULC is acting as the sole bookrunner and agent for the offering and AGP/Alliance Global Partners is acting as sole United States placement agent for the offering.
There is an offering document related to the offering that can be accessed 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.
About Quantum Emotion
Corp.
The company's mission is to address the growing demand for affordable hardware and software security for connected devices. Thanks to 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.
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