tiprankstipranks
Company Announcements

Quantum eMotion Secures C$6 Million for R&D and Expansion

Story Highlights
Quantum eMotion Secures C$6 Million for R&D and Expansion

Discover the Best Stocks and Maximize Your Portfolio:

Quantum Numbers ( (TSE:QNC) ) just unveiled an update.

Quantum eMotion Corp. announced a best-efforts brokered private placement, raising C$6,000,000 through the issuance of 8,000,000 units, each priced at C$0.75. The proceeds will be utilized to accelerate research and development, expand the R&D team, and support commercialization initiatives, potentially strengthening the company’s market position and operational capabilities.

More about Quantum Numbers

Quantum eMotion Corp. operates within the technology industry, focusing on providing affordable hardware and software solutions to address growing demands.

YTD Price Performance: -54.24%

Average Trading Volume: 3,121,683

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $53.27M

See more insights into QNC stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1