SuperQ Quantum Announces Brokered LIFE Financing for up to $3,000,000

Executive Summary

• SuperQ Quantum Computing Inc. announced a private placement offering of 1,666,666 – 2,857,142 units at $1.05 per unit, targeting minimum gross proceeds of $1.75 M and up to $3.00 M.
• Each unit consists of one common share and one warrant (exercise price $1.40, 36‑month term); the agent also received an option for up to 428,571 additional units.
• Net proceeds will be used to fund quantum hardware development, lab facilities, software, equipment, personnel and general working capital.

Key Details

• Offering Structure: Minimum 1,666,666 Units; Maximum 2,857,142 Units at $1.05 per Unit.
• Gross Proceeds: Minimum $1,750,000; Maximum up to $3,000,000.
• Unit Composition: 1 common share + 1 common‑share purchase warrant (exercise price $1.40 per Share, exercisable for 36 months from closing).
• Agent’s Option: Hampton Securities Limited may sell up to an additional 428,571 Units at the offering price, providing up to $450,000 extra gross proceeds.
• Use of Proceeds: Quantum hardware development (human resources, lab facilities, software, equipment), research and product development, and general working capital.
• Closing Date: Expected on or about October 24, 2025, subject to regulatory approvals and other closing conditions.
• Compensation to Agent: 7.0% cash fee of gross proceeds (including option) plus compensation options equal to 7.0% of total Units issued; each option allows purchase of one Share at $1.05 for 36 months post‑closing.
• Exemptions & Jurisdictions: Offering made under NI 45-106 Part 5A and COBO 45‑935, limited to Canadian investors (excluding Québec) and other qualifying jurisdictions on a private placement basis; no hold period for Canadian subscribers.
• Regulatory Notices: Securities not registered in the United States; offering not available to U.S. persons unless exemption obtained.

Notable Quotes

• “We are pleased to engage Hampton Securities as lead agent to secure the capital needed to accelerate our quantum hardware roadmap and expand our development capabilities,” – Dr. Muhammad Khan, CEO, SuperQ Quantum Computing Inc.