QTREX Quantum prices $10 million registered direct offering
QTREX Quantum Ltd. (Nasdaq: QTEX) announced the pricing of a registered direct offering of 11,111,111 ordinary shares, with gross proceeds expected to reach approximately $10 million before placement agent fees and other offering expenses.
The offering involves an existing institutional investor and a new global institutional investor. The company said it plans to use the net proceeds for working capital and general corporate purposes.
The closing is expected to occur on or about August 21, 2026, subject to customary closing conditions. A.G.P./Alliance Global Partners is serving as the sole placement agent for the offering.
The shares are being offered pursuant to a prospectus supplement filed with the Securities and Exchange Commission in connection with the company's shelf registration statement on Form F-3, which was declared effective by the SEC on December 12, 2025.
QTREX Quantum is based in Ness Ziona, Israel, and focuses on electronics manufacturing solutions, including connectivity solutions for quantum computing hardware and applications in defense, aerospace, and medical technology.
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