Quantum eMotion to acquire Plurilock in cash — and — stock deal

Quantum eMotion entered a definitive agreement to acquire Plurilock Security through a court-approved plan of arrangement. Plurilock shareholders are set to receive C$ 0.084 cash and 0.0763 of a Quantum eMotion common share per share. Post-close ownership is expected at about 95.97% for existing Quantum eMotion shareholders, 4.03% for former Plurilock shareholders. Quantum eMotion agreed to provide up to C$ 2,000,000 of secured bridge financing at 8.5% interest, maturing by Sept. 28, 2028. Closing is targeted shortly after a Plurilock shareholder meeting expected in November 2026, subject to court and exchange approvals. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quantum eMotion Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-115533), on October 13,