Quantum Fintech (QFTA) has released an update.
Quantum has completed a significant business combination, with its warrants now assigned to New Pubco and exercisable for New Pubco Class A common stock, replacing the original Quantum warrants. In connection with this corporate restructuring, Quantum’s securities have been delisted from the NYSE American, and their conversion into New Pubco stock and warrants is underway. Furthermore, Quantum’s stockholders have approved a charter amendment, allowing for a business combination extension, which ultimately was unnecessary due to the timely completion of the merger. New Pubco has publicly announced this successful business combination, signaling a new chapter for the company and its investors.
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