Quantum Cyber terminates share sales facility citing strong finances

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Go back to Quantum Cyber terminates share sales facility citing strong finances

Quantum Cyber Terminates At-the-Market Facility, Citing Strengthened Financial Position and No Immediate Capital Needs

June 12, 2026 8:30 AM EDT

Facility was not used in the past 2 months | Company Closes ATM Following Over $15 Million in Warrant Proceeds; Cash on Hand and Debt-Free Capital Structure Expected to Fund Disclosed Technology and Acquisition Pipeline

WEST PALM BEACH, Florida, June 12, 2026 (GLOBE NEWSWIRE) -- Quantum Cyber N.V. (Nasdaq: QUCY) ("Quantum Cyber" or the "Company"), a Nasdaq-listed autonomous defense technology company assembling an AI-powered System-of-Systems platform for drone warfare, counter-UAS, and border security applications, today announced that, effective June 7, 2026, it has terminated its at-the-market issuance sales agreement with Maxim Group LLC (the "ATM Facility"), originally dated October... More