Quantum eMotion agrees to buy Plurilock in deal valued at about C$33.8 million
Bitget2026/09/28 20:11- Quantum eMotion to buy Plurilock in a C$ 33.8 million deal to expand its commercial quantum and AI cybersecurity platform.
- Plurilock holders to receive C$ 0.084 cash plus 0.0763 of a Quantum eMotion share per Plurilock share, valuing shares at C$ 0.28.
- Consideration implies an about 100% premium to Plurilock’s 20-day VWAP on the TSX Venture Exchange as of Sept. 25, 2026.
- Deal mix set at about 30% cash, 70% Quantum eMotion shares; cash portion funded from Quantum eMotion cash on hand.
- Closing targeted shortly after a Plurilock shareholder meeting expected in November 2026; combined company led by CEO Francis Bellido.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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