Arqit Quantum Inc. Shareholder Purchase Agreement
Ticker: ARQQW · Form: 6-K · Filed: Oct 1, 2024 · CIK: 1859690
| Field | Detail |
|---|---|
| Company | Arqit Quantum INC. (ARQQW) |
| Form Type | 6-K |
| Filed Date | Oct 1, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $13.6 million, $0.000004, $2.50, $5.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: securities-purchase, shareholder-agreement, insider-activity
TL;DR
Arqit inks deal with major shareholders; director involved with Heritage Assets.
AI Summary
On September 30, 2024, Arqit Quantum Inc. entered into a securities purchase agreement with existing shareholders Heritage Assets SCSP, Notion Capital Managers LLP, Carlo Calabria, and Garth Ritchie. Arqit director Manfredi Lefebvre d'Ovidio has shared investment and voting power over shares held by Heritage Assets SCSP.
Why It Matters
This filing details a securities purchase agreement involving key shareholders and a director, indicating potential shifts in ownership or investment strategy.
Risk Assessment
Risk Level: medium — The filing involves a securities purchase agreement with existing shareholders, which could indicate financing needs or strategic adjustments that carry inherent risks.
Key Players & Entities
- Arqit Quantum Inc. (company) — Registrant
- September 30, 2024 (date) — Date of Purchase Agreement
- Heritage Assets SCSP (company) — Purchaser
- Notion Capital Managers LLP (company) — Purchaser
- Carlo Calabria (person) — Purchaser
- Garth Ritchie (person) — Purchaser
- Manfredi Lefebvre d'Ovidio (person) — Arqit Director
FAQ
What is the nature of the securities purchase agreement entered into by Arqit Quantum Inc.?
Arqit Quantum Inc. entered into a securities purchase agreement with certain existing shareholders on September 30, 2024.
Who are the parties involved in the securities purchase agreement as purchasers?
The purchasers are Heritage Assets SCSP, Notion Capital Managers LLP, Carlo Calabria, and Garth Ritchie.
What is the date of the securities purchase agreement?
The agreement was entered into on September 30, 2024.
What is the relationship between Arqit director Manfredi Lefebvre d'Ovidio and the purchasers?
Manfredi Lefebvre d'Ovidio has shared investment and voting power over the shares held by Heritage Assets SCSP.
What is the filing type and period of report for this document?
This is a Form 6-K, Report of Foreign Private Issuer, for the month of October 2024, filed as of October 1, 2024.
Filing Stats: 990 words · 4 min read · ~3 pages · Grade level 12 · Accepted 2024-10-01 08:42:47
Key Financial Figures
- $13.6 million — eeds from the offering of approximately $13.6 million. The transaction is expected to close o
- $0.000004 — pany’s ordinary shares, par value $0.000004 per share (the “ Ordinar y Shares
- $2.50 — Warrants will have an exercise price of $2.50 per share and will become exercisable o
- $5.00 — the Nasdaq Capital Market has exceeded $5.00 for 60 consecutive trading days (such l
Filing Documents
- tm2425099d4_6k.htm (6-K) — 19KB
- tm2425099d4_ex4-1.htm (EX-4.1) — 77KB
- tm2425099d4_ex5-1.htm (EX-5.1) — 29KB
- tm2425099d4_ex10-1.htm (EX-10.1) — 202KB
- tm2425099d4_ex99-1.htm (EX-99.1) — 14KB
- tm2425099d4_ex99-1img001.jpg (GRAPHIC) — 16KB
- tm2425099d4_ex99-1img002.jpg (GRAPHIC) — 14KB
- tm2425099d4_ex5-1img01.jpg (GRAPHIC) — 3KB
- tm2425099d4_ex5-1img02.jpg (GRAPHIC) — 42KB
- 0001104659-24-104674.txt ( ) — 446KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ARQIT QUANTUM INC. By: /s/ Nick Pointon Name: Nick Pointon Title: Chief Financial Officer Date: October 1, 2024