Arqit Quantum Inc. Announces 25:1 Reverse Share Split
Arqit Quantum Inc. (ARQQ)
Company Research
Source: GlobeNewswire
LONDON, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ) (“Arqit” or the “Company”), a leader in quantum safe encryption, today announces that, following approval by the Company’s shareholders at its annual general meeting held on September 18, 2024, the Company’s Board of Directors has determined to effect a 25:1 reverse share split (the “25:1 Reverse Share Split”). Accordingly, the authorized share capital of the Company will be consolidated as follows: from US$50,000 divided into 469,000,001 ordinary shares of a par value of US$0.0001 each and 30,999,999 preference shares of a par value of US$0.0001 each, to US$50,000 divided into 18,760,000 ordinary shares of a par value of US$0.000004 each and 1,240,000 preference shares of a par value of US$0.000004 each. The ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol “ARQQ” and will begin trading on a split-adjusted basis on Wednesday, September 25, 2024. The new CUSIP for the ord
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News
- Insiders with their considerable ownership were the key benefactors as Arqit Quantum Inc. (NASDAQ:ARQQ) touches US$100m market cap [Yahoo! Finance]Yahoo! Finance
- Arqit Quantum Inc. Announces $13.6 Million Registered Direct OfferingGlobeNewswire
- Arqit Quantum CEO steps down [Seeking Alpha]Seeking Alpha
- Arqit announces leadership transition with the appointment of a new Chief Executive OfficerGlobeNewswire
ARQQ
Sec Filings
- 11/14/24 - Form SC
- 10/15/24 - Form 144
- 10/15/24 - Form 144
- ARQQ's page on the SEC website