Quantum eMotion Advances Toward US Stock Exchange Listing

Quantum eMotion CA74767K1030

Quantum eMotion has taken a formal step in its pursuit of a US capital markets presence. The cybersecurity firm, specializing in quantum-resistant encryption, has filed a Form 40-F Registration Statement with the US Securities and Exchange Commission (SEC). This filing represents a required component for Canadian issuers seeking to list their securities on a major American exchange.

The company's objective is a dual listing of its common shares on the NYSE American, while they continue to trade on the TSX Venture Exchange. It is critical to note that this submission does not guarantee a listing will occur. Final approval remains contingent upon two conditions: the SEC declaring the Form 40-F effective and the NYSE American granting explicit listing approval.

• Document Filed: Form 40-F Registration Statement
• Target Exchange: NYSE American
• Current Primary Trading Venue: TSX Venture Exchange
• Prerequisites: SEC effectiveness and NYSE American clearance

Building on Recent Operational Momentum

This regulatory move follows a series of corporate developments throughout the previous year. To bolster its US market initiatives, Quantum eMotion established a subsidiary named QeM America.

The company also strengthened its financial position in June 2025 by completing a brokered private placement, raising gross proceeds of 12 million CAD. The financing involved the issuance of 8 million units at a price of 1.50 CAD each.

Subsequent operational milestones were announced, including:
* A September 2025 development completion for "Qastle," described as a quantum-secured hot wallet, in collaboration with Krown Technologies.
* A strategic alliance formed with Taiwan's Jmem Technology in September 2025 for the co-development of a quantum-resilient System-on-Chip.
* An updated brand identity and expanded product portfolio launched in October 2025.
* Recognition as the largest holding in the Defiance Quantum ETF following the fund's semi-annual rebalancing in December 2025.

Financial Snapshot and Market Valuation

The company's most recent quarterly report (Q3 2025, published November 2025) revealed a substantial cash position of 24.7 million CAD as of September 30, 2025. However, the financial statements indicated no revenues for the reporting period. The net loss attributable to common shareholders over the trailing twelve months was reported as -7.71 million CAD.

Based on recent trading data from the TSX Venture Exchange, the company's market capitalization was approximately 1.1 billion CAD.

The Path Forward

All immediate timelines are now dependent on regulatory bodies. Quantum eMotion's aspiration for a NYSE American listing is firmly tethered to the SEC declaring its Form 40-F effective and subsequently receiving formal approval from the exchange itself. The company has characterized the filing as part of the standard procedural pathway.