Quantum eMotion agrees to buy Plurilock in deal valued at about C$33.8 million

Bitget2026/09/28 20:11

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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: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quantum eMotion Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609281610NEWSFILECNPR____20260928_316412_1) on September 28, 2026, and is solely responsible for the information contained therein.

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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Quantum eMotion agrees to buy Plurilock in deal valued at about C$33.8 million

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