Quantum Cyber N.V. (Nasdaq: QUCY) said it will not withdraw its $5.69 million defamation lawsuit after receiving an email from a named defendant offering to stop publishing negative reports on the company in exchange for dropping the case.

The company disclosed that Adam Gefvert, a defendant in a lawsuit filed Aug. 10, 2026, in the Supreme Court of the State of New York, sent an unsolicited email on Aug. 14, 2026, stating: "if the lawsuit is dropped, i won't publish anything on QUCY or any company of David Lazar's again." Mr. Gefvert also wrote that if the offer was rejected and the company "go[es] forward with the lawsuit, i will publish a 2nd report on QUCY."

The lawsuit names White Diamond Research LLC, Mr. Gefvert, and Stocktwits, Inc. as defendants. Quantum Cyber characterized Mr. Gefvert's email as "coercive in nature and blackmail-style in effect," and said it intends to enter the correspondence into the court record.

The company said it will proceed with the litigation and will not modify its claims in exchange for what it described as a promise of editorial silence.

Quantum Cyber also referenced the July 2024 charges by the U.S. Department of Justice and the Securities and Exchange Commission against Andrew Left, founder of Citron Research, who was alleged to have used published short-seller reports to move share prices contrary to his actual trading positions. The company stated it is not asserting that Mr. Gefvert engaged in the same conduct alleged against Mr. Left, whose case remains pending. Mr. Left has publicly denied wrongdoing.

The company noted it acquired a manufacturing facility in Bridgeport, Connecticut in July 2026 and has begun assembling autonomous drone systems at the site. Quantum Cyber has stated a production target of up to 100,000 drones annually at the facility.