BTQ Technologies Announces 2026 AGM Results
Rhea-AI Summary
BTQ Technologies (NASDAQ: BTQ) reported the voting outcomes from its 2026 Annual Meeting of shareholders held on August 12, 2026 in Vancouver, British Columbia. Shareholders approved fixing the number of directors at five, with 70,511,148 votes (99.52%) in favour and 341,448 votes (0.48%) against.
All director nominees listed in the June 29, 2026 management proxy circular were elected, receiving between approximately 94.9% and 99.5% of votes cast in favour. MNP LLP was appointed auditor for the ensuing year, with 99.34% of votes for and 0.66% withheld. Shareholders also reapproved BTQ’s omnibus equity incentive plan, with 47,773,250 votes (92.32%) for and 3,973,272 votes (7.68%) against.
A total of 70,852,597 common shares were voted at the meeting, representing about 49.97% of BTQ’s issued and outstanding common shares. No other business was voted upon, and the board expressed its appreciation to shareholders for their participation and support.
Positive
- None.
Negative
- None.
News Explained
The AGM also authorized BTQ’s board to set MNP LLP’s remuneration for the ensuing audit year, giving the board the disclosed authority over that auditor fee.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Aug 13 | Korean security MOU | Positive | -5.5% | BTQ signed a quantum-security collaboration framework with Korean IT group ITCENGLOBAL. |
| Aug 11 | Q2 results webinar | Neutral | -1.8% | BTQ scheduled a webinar to discuss Q2 2026 financial results and corporate updates. |
| Aug 7 | QCIM milestone | Positive | +2.5% | BTQ completed the first milestone validating its QCIM architecture with ITRI. |
| Jul 22 | Quantum platform partnership | Positive | +0.3% | QPerfect partnered with the University of Strasbourg on a neutral-atom quantum platform. |
| Jul 20 | Data center collaboration | Positive | -2.1% | BTQ and TIDAL PWR announced a trusted quantum data center architecture collaboration. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
BTQ's recent news reactions were mixed, with positive announcements producing both gains and declines.
Key Terms
omnibus equity incentive plan financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
VANCOUVER, BC, Aug. 13, 2026 /PRNewswire/ -- BTQ Technologies Corp. ("BTQ" or the "Company") (NASDAQ: BTQ) (CBOE CA: BTQ), a global technology company building the trust infrastructure for the quantum era, is pleased to provide the voting results from the 2026 Annual Meeting of shareholders. The Company announces that the nominees listed in the management proxy circular dated June 29, 2026 (the "Circular") for the 2026 annual meeting of shareholders of the Company (the "Meeting") were elected as directors of the Company.
Detailed results of the vote for the election of directors held at the Meeting on August 12, 2026 in Vancouver, British Columbia are set out below.
Fixing Number of Directors at five (5)
The number of directors of the Company was fixed at five (5). The results of the votes cast are set out below:
Votes For | % For | Votes Against | % Against | |||
70,511,148 | 99.52 % | 341,448 | 0.48 % |
Election of Directors
The shareholders approved the election of the persons listed below as directors, based on the following vote.
Name | Votes For | % For | Votes Withheld | % Withheld |
Olivier Roussy Newton | 49,120,272 | 94.92 % | 2,626,252 | 5.08 % |
Chris Tam | 51,485,125 | 99.49 % | 261,399 | 0.51 % |
Philippe Lucet | 49,100,314 | 94.89 % | 2,646,210 | 5.11 % |
Mansour Al Suwaidi | 50,241,123 | 97.09 % | 1,505,401 | 2.91 % |
Lionel de Saint-Exupery | 51,439,834 | 99.41 % | 306,690 | 0.59 % |
Appointment of Auditors
MNP LLP was appointed as the auditor of the Company for the ensuing year and the board of directors of the Company was authorized to fix the remuneration of the auditor. The results of the votes cast are set out below:
Votes For | % For | Votes Withheld | % Withheld | |||
70,384,560 | 99.34 % | 468,037 | 0.66 % |
Reapproval of the Omnibus Plan
The omnibus equity incentive plan of the Company was reapproved. The results of the vote cast are set out below:
Votes For | % For | Votes Against | % Against | |||
47,773,250 | 92.32 % | 3,973,272 | 7.68 % |
No other business was voted upon at the Meeting.
A total of 70,852,597 common shares were voted in connection with the Meeting, representing approximately
The Company's board would like to express its gratitude to its shareholders for their participation and support.
About BTQ
BTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ) is a quantum technology company focused on accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio and deep technical expertise, BTQ is developing a full-stack, neutral-atom quantum computing platform spanning hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.
Connect with BTQ: Website | LinkedIn | X/Twitter
About QPerfect
QPerfect, a wholly owned subsidiary of BTQ Technologies, is a French quantum computing company based in Strasbourg, led by a team of scientists and engineers recognized for their pioneering work in neutral atom physics, quantum optics, and quantum software engineering, and specializing in quantum computing and quantum design automation. Founded in 2023, the deeptech company has received the i-Lab Grand Prix and provides powerful technology to enable researchers, developers, and manufacturers to realize the full potential of quantum computers.
At the core of QPerfect's innovation is the Quantum Logic Unit (QLU), a multi-layered framework designed to accelerate quantum development. Its flagship product, MIMIQ™, forms the first layer of the QLU™ and offers a cutting-edge platform that executes quantum algorithms with unmatched speed, accuracy, and flexibility -- surpassing existing simulators and current quantum computers. For more information, please visit https://qperfect.io
ON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, Chairman
Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws, including statements with respect to the Company's business plans, research partnerships, and anticipated market listings. Forward-looking statements can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and variations thereof.
Although the Company believes the expectations represented by such statements are reasonable, there can be no assurance that forward-looking statements herein will prove to be accurate. Forward-looking statements involve known and unknown risks which may cause actual results to differ materially, including risks relating to: the availability of financing; business and economic conditions in the quantum computing and post-quantum security industries; the speculative nature of the Company's research and development programs; unanticipated regulatory, licensing or environmental matters; changes in general economic conditions or conditions in the financial markets; and changes in applicable laws. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
View original content to download multimedia:https://www.prnewswire.com/news-releases/btq-technologies-announces-2026-agm-results-302851510.html
SOURCE BTQ Technologies Corp.