UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the Month of June 2026
Commission File Number: 001-40303
Qtrex Quantum.
Ltd.
(Translation of registrant’s name into
English)
2 Ha-Tidhar St.
Ra’anana 4366504, Israel
(Address of principal executive office)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F:
☒ Form 20-F ☐ Form
40-F
CONTENTS
On May 29, 2026, Qtrex Quantum
Ltd. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) and a Registration
Rights Agreement (the “Registration Rights Agreement”) with a single institutional investor (the “Purchaser”).
Pursuant to the Purchase Agreement, the Company agreed to issue and sell, in a private placement offering by the Company directly to the
Purchaser (the “Offering”): (i) 3,895,000 of the Company’s ordinary shares, no par value per share (the “Ordinary
Shares”), at an offering price of $1.50 per share; and (ii) pre-funded warrants to acquire up to 2,771,667 Ordinary Shares (the
“Pre-Funded Warrants”) at an offering price of $1.4999 per Pre-Funded Warrant.
The Pre-Funded Warrants were
sold to the Purchaser, whose purchase of Ordinary Shares in the Offering would otherwise have resulted in the Purchaser, together with
its affiliates and certain related parties, beneficially owning more than 9.99% of the outstanding share capital of the Company following
the consummation of the Offering. Each Pre-Funded Warrant represents the right to purchase one Ordinary Share at an exercise price of
$0.0001 per share. The Pre-Funded Warrants are exercisable immediately and may be exercised at any time until the Pre-Funded Warrants
are exercised in full (subject to the beneficial ownership limitation described above).
The Offering resulted in gross
proceeds to the Company of $10 million. The Company intends to use the net proceeds from the Offering for working capital and general
corporate purposes. The Offering closed on June 1, 2026, following the satisfaction of customary closing conditions.
The Purchase Agreement contains
customary representations, warranties and agreements by the Company, customary conditions for closing, indemnification obligations of
the Company, other obligations of the parties, and termination provisions. In addition, Pursuant to the Purchase Agreement, the Company
nor any subsidiary has agreed not to issue, enter into any agreement to issue, or announce the issuance or proposed issuance of any Ordinary
Shares or Ordinary Share equivalents, or file any registration statement or any amendment or supplement thereto, for a period of 30 days
after the closing of the Offering, subject to certain exceptions.
The Registration Rights Agreement
requires the Company to file a registration statement on Form F-3 (or any other available form), as soon as practicable (and in any event
within 5 trading days of the date of the Registration Rights Agreement), to register the Ordinary Shares and the Ordinary Shares issuable
upon exercise of the Pre-Funded Warrants and to use commercially reasonable efforts to cause such registration statement to become effective
within 30 calendar days (or within 45 calendar days or 60 calendar days of the date of the Registration Rights Agreement in the event
of a limited review or a full review, respectively, by the Commission), and to keep such registration statement effective as provided
in the Registration Rights Agreement.
The Ordinary Shares and the
Ordinary Shares issuable upon the exercise of the Pre-Funded Warrants are not being registered under the Securities Act of 1933, as amended
(the “Securities Act”), and were offered pursuant to the exemption provided in Section 4(a)(2) under the Securities Act and/or
Regulation D promulgated thereunder.
On May 29, 2026, the
Company entered into a Placement Agency Agreement (the “Placement Agency Agreement”) with A.G.P./Alliance Global Partners
(the “Placement Agent”), pursuant to which the Company engaged the Placement Agent as the exclusive placement agent in connection
with the Offering. The Placement Agent agreed to use its reasonable best efforts to arrange for the sale of the Securities. In addition,
under the Placement Agency Agreement the Company agreed to pay the Placement Agent a placement agent fee in cash equal to seven percent
(7.0%). The Company agreed to reimburse the Placement Agent at closing for legal and other expenses incurred by them in connection with
the offering in an amount not to exceed $50,000, and to pay non-accountable expenses in the amount of $12,500.
The foregoing summaries of
the Purchase Agreement, the Registration Rights Agreement, the Placement Agency Agreement and the Pre-Funded Warrants do not purport to
be complete and are subject to, and qualified in their entirety by, such documents filed as Exhibits 10.1, 10.2, 10.3 and 4.1, respectively,
hereto and incorporated by reference herein.
A copy of the press release
related to the Offering entitled “QTREX Announces Pricing of a $10 Million Private Placement of Ordinary Shares with a New Fundamental
Institutional Investor” is furnished as Exhibit 99.1 hereto and is incorporated by reference herein.
This Report of Foreign Private
Issuer on Form 6-K (this “Form 6-K”) shall not constitute an offer to sell any securities or a solicitation of an offer to
buy any securities, nor shall there be any sale of any securities in any state or jurisdiction in which such an offer, solicitation or
sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
This 6-K is incorporated by
reference into the Company’s Registration Statements on Form F-3 (Registration Nos. 333-284308
and 333-289324) and Form S-8
(Registration Nos. 333-259057,
333-277980, 333-285565,
333-290162 and 333-292592),
filed with the Securities and Exchange Commission,
to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently
filed or furnished.
| Exhibit
No. |
|
Description
|
| 4.1 |
|
Form of Pre-Funded Warrant |
| 10.1 |
|
Form of Securities Purchase
Agreement, dated as of May 29, 2026, by and between the Company and the purchaser party thereto. |
| 10.2 |
|
Form of Registration Rights
Agreement, dated as of May 29, 2026, by and between the Company and the purchaser party thereto. |
| 10.3 |
|
Placement Agency Agreement,
dated as of May 29, 2026, by and between the Company and A.G.P./Alliance Global Partners. |
| 99.1 |
|
Press Release issued by
Qtrex Quantum Ltd. on May 29, 2026, titled “QTREX Announces Pricing of a $10 Million Private Placement of Ordinary Shares with
a New Fundamental Institutional Investor.” |
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.
| |
Qtrex Quantum. Ltd. |
| |
|
|
| Date: June 1, 2026 |
By: |
/s/ Dagi Ben-Noon |
| |
|
Name: |
Dagi Ben-Noon |
| |
|
Title: |
Chief Executive Officer |
3
Exhibit 99.1
QTREX Announces
Pricing of a $10 Million Private Placement of Ordinary Shares with a New Fundamental Institutional Investor
Nes Ziona, Israel, May 29, 2026 (GLOBE NEWSWIRE)
-- QTREX Quantum Ltd. (Nasdaq: QTEX) ("QTREX" or the "Company") a developer of additively manufactured electronics
("AME") technologies for cryogenic interconnect and quantum hardware infrastructure, today announced that it has entered into
a securities purchase agreement with a new fundamental institutional investor for the purchase and sale of 6,666,667 ordinary shares (or
ordinary share equivalents in lieu thereof) in a private placement. The gross proceeds from the offering are expected to be approximately
$10 million, before deducting placement agent fees and other estimated offering expenses.
The closing of the offering is expected to occur
on or about June 1, 2026, subject to the satisfaction of customary closing conditions. The Company expects to use the net proceeds from
the offering for working capital and general corporate purposes.
“We are pleased to welcome a new global
institutional investor at a pivotal moment in QTREX’s transformation into a quantum hardware infrastructure company,” said
Dagi Ben-Noon, Chief Executive Officer of QTREX. “This financing strengthens our ability to accelerate the commercialization of
our AME-based cryogenic interconnect platform, scale our newly acquired AME capabilities, and support research and development across
quantum and other mission-critical hardware applications.”
A.G.P./Alliance Global Partners is acting as sole
placement agent for the offering.
The offer and sale of the foregoing securities
is being made in reliance on an exemption from the registration requirement under Section 4(a)(2) of the Securities Act of 1933, as amended
(the "Securities Act"), and/or Regulation D promulgated thereunder, and applicable state securities laws, and the securities
have not been and will not initially be registered under the Securities Act, or applicable state securities laws. Accordingly, the securities
may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from
the registration requirements of the Securities Act and such applicable state securities laws. Pursuant to the terms of a registration
rights agreement entered into with the investor, the Company has agreed to file a registration statement with the U.S. Securities and
Exchange Commission (the "SEC") covering the resale of the ordinary shares and ordinary shares underlying pre-funded warrants
sold in the offering.
This press release shall not constitute an offer
to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction
in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such
state or other jurisdiction.
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. Inspira 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: www.q-trex.com and www.inspira-technologies.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 a number of 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 expected closing of the transaction; the expected gross proceeds and their expected use; the transformation of the Company
into a quantum hardware infrastructure company; the Company’s abilities to accelerate the commercialization of its AME-based cryogenic
interconnect platform, scale its newly acquired AME capabilities, and support research and development across quantum and other mission-
critical hardware application; and the anticipated filing of a registration statement covering the resale of the ordinary shares and ordinary
shares underlying pre-funded warrants sold in the offering.. These forward-looking statements and their implications are based solely
on the current expectations of the Company’s management and are subject to a number of factors and uncertainties that could cause
actual results to differ materially from those described in the forward-looking statements. Except as otherwise required by law, the Company
undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting
the Company is contained under the heading “Risk Factors” in the Company’s annual report on Form 20-F for the fiscal
year ended December 31, 2025, filed with the SEC, which is available on the SEC’s website at www.sec.gov.
Company Contact
QTREX Quantum Ltd
Email: info@q-trex.com
Phone: +972-9-9664485