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Quantum eMotion Corp
Quantum eMotion Corp. has entered into a definitive agreement to acquire 100% of Plurilock Security Inc. Plurilock shareholders will receive C$0.084 in cash and 0.0763 shares of Quantum eMotion for each share held, with Plurilock intending to delist from the TSX-V upon completion. Additionally, Quantum eMotion will provide a bridge loan of up to C$2,000,000 to fund Plurilock's operations until the transaction closes.…more
Quantum eMotion Corp
Quantum eMotion (QeM) has entered into a definitive agreement to acquire Plurilock Security for approximately C$33.8 million. The acquisition aims to accelerate the commercialization of QeM's quantum-secure technologies by integrating them with Plurilock's established cybersecurity revenue base and AI-driven capabilities. Plurilock shareholders will receive C$0.084 in cash and 0.0763 QeM shares per Plurilock share.…more
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