Quantum Numbers ( (TSE:QNC) ) has issued an announcement.
Quantum eMotion Corp. has successfully closed a brokered private placement, raising C$10,000,000 to accelerate its research and development efforts, expand its R&D team, and support commercialization initiatives. This financing move is expected to bolster the company’s market position in cybersecurity, allowing for immediate trading of the issued securities under Canadian laws, and signifies a strategic step towards enhancing its operational capabilities and stakeholder value.
More about Quantum Numbers
Quantum eMotion Corp. is a pioneering company in the field of classical and quantum cybersecurity solutions. It is known for its patented Quantum Random Number Generator, which leverages quantum mechanics to enhance security for high-value assets and critical systems. The company targets sectors such as Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security Infrastructure, and more.
YTD Price Performance: -53.39%
Average Trading Volume: 3,263,961
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $94.85M
See more insights into QNC stock on TipRanks’ Stock Analysis page.