Liberum Wealth Discloses 20M Share Stake in Arqit Quantum
Ticker: ARQQW · Form: SC 13G · Filed: Jan 26, 2024 · CIK: 1859690
| Field | Detail |
|---|---|
| Company | Arqit Quantum INC. (ARQQW) |
| Form Type | SC 13G |
| Filed Date | Jan 26, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $0.78 |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: institutional-ownership, shareholder-update, investment-firm
TL;DR
**Liberum Wealth just bought a huge chunk of Arqit Quantum, signaling big institutional confidence.**
AI Summary
Liberum Wealth Limited, a Guernsey-based investment firm, has disclosed a significant stake in Arqit Quantum Inc., holding 20,011,538 ordinary shares with shared voting and dispositive power. This represents a substantial ownership position, indicating Liberum's confidence in Arqit Quantum's future. For investors, this matters because a large institutional holding can signal validation of the company's strategy and potentially reduce stock volatility due to a stable shareholder base.
Why It Matters
This filing reveals a major institutional investor, Liberum Wealth Limited, now holds a significant portion of Arqit Quantum's shares, which can influence the company's governance and market perception.
Risk Assessment
Risk Level: low — The filing indicates a large institutional investment, which generally adds stability and reduces risk for existing shareholders.
Analyst Insight
A smart investor would view this as a positive signal, suggesting institutional confidence in Arqit Quantum. It might warrant further research into Arqit's fundamentals and Liberum Wealth's investment thesis.
Key Numbers
- 20,011,538 — Ordinary Shares (Total shares beneficially owned by Liberum Wealth Limited)
Key Players & Entities
- Liberum Wealth Limited (company) — reporting person, beneficial owner of shares
- Arqit Quantum Inc. (company) — subject company, issuer of ordinary shares
- Notion Capital III GP LLP (company) — filer of the SC 13G
- Guernsey (company) — place of organization for Liberum Wealth Limited
Forward-Looking Statements
- Liberum Wealth Limited will maintain its significant stake in Arqit Quantum Inc. for the foreseeable future. (Liberum Wealth Limited) — medium confidence, target: 2025-01-26
FAQ
Who is the reporting person in this SC 13G filing?
The reporting person in this SC 13G filing is Liberum Wealth Limited, as stated in Item 1 of the filing.
What type of securities does Liberum Wealth Limited beneficially own in Arqit Quantum Inc.?
Liberum Wealth Limited beneficially owns 'Ordinary Shares' of Arqit Quantum Inc., as specified under 'Title of Class of Securities' in the filing.
How many shares does Liberum Wealth Limited have shared voting power over?
Liberum Wealth Limited has shared voting power over 20,011,538 shares, as indicated in Row 6 of the cover page.
What is the place of organization for Liberum Wealth Limited?
Liberum Wealth Limited's place of organization is Guernsey, as stated in Row 4 of the cover page.
What is the CUSIP number for Arqit Quantum Inc.'s ordinary shares?
The CUSIP number for Arqit Quantum Inc.'s ordinary shares is G0567U101, as listed in the filing.
Filing Stats: 920 words · 4 min read · ~3 pages · Grade level 9.7 · Accepted 2024-01-26 11:15:55
Key Financial Figures
- $0.0001 — cludes 3,102 ordinary shares, par value $0.0001 per share (the Ordinary Shares) held by
- $0.78 — rchase one Ordinary Share at a price of $0.78 per share. (3) Percentage calculated
Filing Documents
- d733953dsc13g.htm (SC 13G) — 38KB
- 0001193125-24-016353.txt ( ) — 40KB
(a)
Item 1(a). Name of Issuer Arqit Quantum Inc.
(b)
Item 1(b). Address of Issuers Principal Executive Offices 3 More London Riverside, 1st Floor, London SE1 2RE, United Kingdom CUSIP No. G0567U101 SCHEDULE 13G Page 2 of 5
(a)
Item 2(a). Name of Person Filing Liberum Wealth Limited (1)
(b)
Item 2(b). Address of Principal Business Office or, if None, Residence 1st Floor Royal Chambers, St Julians Avenue, St Peters Port, GY1 3JX, Guernsey
(c)
Item 2(c). Citizenship Not applicable.
(d)
Item 2(d). Title of Class of Securities Ordinary Shares.
(e)
Item 2(e). CUSIP Number G0567U101 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: Not applicable. Item 4. Liberum Wealth Limited (a) Amount beneficially owned: 20,011,538 (1)(2) ordinary shares (b) Percent of class: 9.649% (3) (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 0 (ii) Shared power to vote or to direct the vote 20,011,538 (1)(2) (iii) Sole power to dispose or to direct the disposition of 0 (iv) Shared power to dispose or to direct the disposition of 20,011,538 (1)(2) (1) Includes 3,102 ordinary shares, par value $0.0001 per share (the Ordinary Shares) held by Notion Platform Limited. (2) Includes 1,909,522 Ordinary Shares that could be obtained upon the conversion of 1,909,522 registered direct warrants (the Registered Direct Warrants) received in connection with the securities purchase agreement, dated September 8, 2023 by and among the Issuer and certain purchasers, with each Registered Direct Warrant providing the right to purchase one Ordinary Share at a price of $0.78 per share. (3) Percentage calculated based on 207,388,051 ordinary shares issued and outstanding as of November 21, 2023, as reported in Issuers Form 20-F (No. 001-40777) as filed with the Securities and Exchange Commission. CUSIP No. G0567U101 SCHEDULE 13G Page 3 of 5 Item 5. Not applicable. Item 6. Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not applicable. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below, the undersigned certifie