QTREX Announces Management Share Purchase Plan

QTREX Quantum (Nasdaq: QTEX) announced that its CEO Dagi Ben-Noon, Chairman Tal Parnas and senior management intend to use personal funds to purchase up to 2,000,000 ordinary shares over the next 12 months starting June 22, 2026.

Rhea-AI Summary

QTREX Quantum (Nasdaq: QTEX) announced that its CEO Dagi Ben-Noon, Chairman Tal Parnas and senior management intend to use personal funds to purchase up to 2,000,000 ordinary shares over the next 12 months starting June 22, 2026.

Purchases, mainly via open-market transactions, will begin after financial results for the period ending June 30, 2026 and will follow insider trading rules. QTREX continues to advance its AME-based quantum connectivity strategy and plans to update shareholders on material milestones.

Positive

• Management intends to purchase up to 2,000,000 ordinary shares over 12 months
• Purchases will be funded with personal funds, not company capital

Negative

• Planned share purchases are intentions only and are not guaranteed to occur
• Transactions remain subject to blackout periods, trading policies and market conditions

Key Figures

Planned insider purchases: up to 2,000,000 shares Plan duration: 12 months Registered resale shares: 531,766 shares +5 more

Planned insider purchases

up to 2,000,000 shares

Management share purchase plan over the next 12 months

Plan duration

12 months

Management intends to buy shares over 12 months from June 22, 2026

Registered resale shares

531,766 shares

Ordinary Shares registered for resale by selling shareholders in POS AM

Resale ordinary shares

326,739 shares

Portion of registered Ordinary Shares offered for resale

Warrant shares

205,027 shares

Ordinary Shares issuable upon exercise of registered warrants

Warrant exercise price

$1.60 per share

Exercise price for warrants registered in POS AM filing

Potential warrant proceeds

$0.3 million

Maximum cash proceeds to company if all warrants exercised

Shares outstanding

52,600,854 shares

Ordinary Shares outstanding as of June 12, 2026

Historical Context

5 past events · Latest: Jun 18

5 events

1. Jun 18

   Product expansion

   24h Move

   +12.8%

   Cryogenic chip carrier extends AME platform into processor-interface layer.

2. Jun 15

   Manufacturing validation

   24h Move

   +70.5%

   AME technology validated with 97% yield at major interconnect manufacturer.

3. Jun 09

   Government grant

   24h Move

   +13.5%

   Israel Innovation Authority grant to develop RF dielectric for quantum connectivity.

4. Jun 02

   Conference showcase

   24h Move

   -24.7%

   Planned presentation of AME-based monolithic connectivity components at conference.

5. Jun 01

   Customer order

   24h Move

   +0.3%

   Fortune 500 purchase order for AME system and related materials.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

additively manufactured electronics, insider trading policy, open-market transactions, block trades, +1 more

5 terms

additively manufactured electronics technical

"a company focused on advancing Additively Manufactured Electronics ("AME") for quantum"

Additively manufactured electronics are electronic components and circuits created by layer-by-layer printing techniques instead of traditional machining or assembly. Think of building a cake where each layer can contain wiring, sensors or conductive traces so a finished part can combine structure and electronics in one piece. For investors, this can cut production time and part counts, enable custom or lightweight designs, and open new product opportunities or cost savings across manufacturing and supply chains.

insider trading policy regulatory

"subject to applicable rules and regulations as well as the Company’s insider trading policy."

A written set of rules that tells employees, executives and board members what information they may not use to buy or sell a company's stock and when trading is allowed. Think of it as a playbook or house rules that prevent people with secret knowledge from getting an unfair advantage; it matters to investors because it helps protect fair markets, preserves trust in management, and reduces the risk of legal penalties that can hurt a company’s value.

open-market transactions financial

"expected to be made primarily through open-market transactions at prevailing market prices"

Open-market transactions are purchases or sales of a company’s securities that take place on public exchanges rather than through private agreements. They matter to investors because these trades change the number of shares available, can move the stock price, and often signal management’s view of the company’s value—like a store restocking or clearing shelves, altering supply and the price shoppers see.

block trades financial

"and may also be made from time to time in privately negotiated transactions, block trades"

A block trade is a single, large buy or sell of shares or bonds arranged privately between big traders rather than piecemeal on the public market. Think of it like buying a whole shipment at once instead of many small shopping trips; it lets large holders move big positions with less immediate disruption but can signal strong buying or selling pressure and cause price swings once the trade is known, so investors watch block trades for clues about market sentiment and liquidity.

cryogenic interconnect technical

"AME-based quantum connectivity strategy across cryogenic interconnect applications, cryogenic"

A cryogenic interconnect is the physical wiring and connector system that carries electrical signals and power between room-temperature electronics and devices kept at extremely low temperatures. Think of it as specially insulated plumbing that preserves delicate signals while bridging a warm control room and a very cold device; its quality affects system speed, error rates, and scalability, so investors watch it as a key enabler for commercial quantum computing and other low-temperature technologies.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Nes Ziona, Israel, June 22, 2026 (GLOBE NEWSWIRE) -- QTREX Quantum Ltd. (Nasdaq: QTEX) ("QTREX" or the "Company") a company focused on advancing Additively Manufactured Electronics ("AME") for quantum computing infrastructure today announced that Dagi Ben-Noon, Chief Executive Officer of QTREX, Tal Parnas, Chairman of the Company’s Board of Directors, and members of the Company’s senior management team have informed QTREX’s Board of Directors of their intention to use personal funds to purchase up to an aggregate of 2,000,000 of the Company’s ordinary shares, no par value per share (the “Ordinary Shares”) over the next 12 months from June 22, 2026, pursuant to and subject to applicable rules and regulations as well as the Company’s insider trading policy.

The actual share purchases under the repurchase plan will commence following the release of the Company’s financial results for the period ending June 30, 2026 and will remain subject to applicable rules and regulations, the Company’s insider trading policy, blackout periods, reporting obligations and any applicable trading plan requirements.

The Company’s management share purchases are expected to be made primarily through open-market transactions at prevailing market prices and may also be made from time to time in privately negotiated transactions, block trades and/or other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations.

QTREX continues to advance its AME-based quantum connectivity strategy across cryogenic interconnect applications, cryogenic chip carrier development, advanced materials and strategic industry collaborations. The Company will continue to update shareholders on material business milestones as appropriate.

About QTREX Quantum
QTREX Quantum Ltd. (Nasdaq: QTEX) is a technology company focused on advanced connectivity and electronics manufacturing solutions for next-generation hardware markets. Following its acquisition of the AME platform, the Company is developing high-density, thermally optimized quantum connectivity solutions for dilution cryostats and advancing AME applications for defense, aerospace, missile, space, and other mission-critical environments. The Company also continues to advance its medical technology portfolio, including respiratory support and blood monitoring platforms, while actively working to monetize certain parts of the medical business.

For more information, please visit: http://q-trex.com/

Forward-Looking Statement Disclaimer
This press release contains express or implied forward-looking statements pursuant to U.S. Federal securities laws. These forward-looking statements are based on the current expectations of the management of the Company only and are subject to factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For example, the Company is using forward-looking statements when it discusses the repurchase plan and the ability of the Company’s management to implement it. Except as otherwise required by law, the Company undertakes no obligation to publicly release any revisions to these forward-looking statements. More detailed information about the risks and uncertainties affecting the Company is contained under “Risk Factors” in the Company’s annual report on Form 20-F for the fiscal year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission.

Company Contact
QTREX Quantum
Email: info@q-trex.com
Phone: +972-9-9664485

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is QTREX (Nasdaq: QTEX) management share purchase plan announced on June 22, 2026?

QTREX announced that its CEO, chairman and senior management plan to buy up to 2,000,000 ordinary shares using personal funds. According to QTREX, these purchases may occur over 12 months starting June 22, 2026, subject to regulations and company trading policies.

How many QTREX (QTEX) shares could management buy under the June 2026 plan?

QTREX management indicated an intention to purchase up to an aggregate 2,000,000 ordinary shares. According to QTREX, these potential purchases will be made over the next 12 months, mainly via open-market transactions and other legally permissible methods, depending on market conditions and regulations.

When will QTREX (QTEX) management begin purchasing shares under the announced plan?

Purchases are expected to start after QTREX releases financial results for the period ending June 30, 2026. According to QTREX, transactions will then proceed over a 12‑month window, subject to insider trading policy, blackout periods and applicable trading plan requirements.

How will QTREX (QTEX) management fund the planned share purchases?

QTREX stated that its CEO, chairman and senior management will use personal funds for these potential share purchases. According to QTREX, the plan covers up to 2,000,000 ordinary shares, acquired through open-market and possibly privately negotiated transactions, block trades or other lawful means.

What trading methods may be used in the QTREX (QTEX) management share purchase plan?

QTREX expects most purchases to occur via open-market transactions at prevailing prices. According to QTREX, management may also execute privately negotiated deals, block trades or other legally permissible methods, all in accordance with company insider trading policy and applicable rules.

Does the QTREX (QTEX) management share purchase plan affect its quantum connectivity strategy?

The announcement does not change QTREX’s AME-based quantum connectivity strategy. According to QTREX, the company continues work on cryogenic interconnect applications, chip carrier development, advanced materials and strategic collaborations, and plans to update shareholders on material business milestones as appropriate.