Arqit director exercises 73,562 warrants at $2.50
Arqit Quantum Inc. director Ritchie Garth exercised Ordinary Share Purchase Warrants to acquire additional equity in the company.
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Rhea-AI Filing Summary
Arqit Quantum Inc. director Ritchie Garth exercised Ordinary Share Purchase Warrants to acquire additional equity in the company. He exercised warrants covering 73,562 Ordinary Shares at an exercise price of $2.50 per share, converting a derivative position into common equity.
Following the exercise, Garth directly holds 104,249 Ordinary Shares of Arqit Quantum Inc. The warrants exercised relate to Ordinary Share Purchase Warrants that now show zero remaining derivative balance in this filing, indicating a full exercise of that specific warrant block with no same-day share sales reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Ordinary Share Purchase Warrants (right to buy) | 73,562 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 73,562 | $2.50 | $184K |
Footnotes (1)
- F1. Ordinary Share Purchase Warrants exercised at $2.50 per share for ARQQ ordinary shares.
Key Figures
Key Terms
derivative security financial
exercise price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Arqit Quantum Inc. (ARQQ) report for Ritchie Garth?
At what price did Ritchie Garth exercise Arqit Quantum (ARQQ) warrants?
What derivative securities were involved in the Arqit Quantum (ARQQ) Form 4?
When did Ritchie Garth’s Arqit Quantum (ARQQ) warrant exercise occur?
AI-generated analysis. How Rhea-AI works. Not financial advice.