STOCK TITAN

Kreos exercises IQM Quantum Computers (IQMX) warrants for 577,237 shares

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

IQM Quantum Computers reported that Kreos Capital VII Aggregator SCSp exercised all outstanding warrants granted under a warrant agreement dated December 23, 2025, using a net exercise structure. This resulted in the issuance of 577,237 new shares, compared with a maximum 1,015,511 shares originally available under the warrants.

The new shares carry an aggregate subscription price of EUR 5,772.37, or EUR 0.01 per share, which will be recorded entirely in the company’s reserve for invested unrestricted equity. Following registration on July 16, 2026, IQM has 263,039,597 shares and votes outstanding, and no warrants remain under the agreement. The new shares provide full shareholder rights from registration and are expected to begin trading on the regulated market of Nasdaq Helsinki alongside existing shares on or about July 20, 2026.

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New shares issued 577,237 shares Shares issued to Kreos upon net exercise of all outstanding warrants
Maximum shares under warrants 1,015,511 shares Subscription entitlement granted to Kreos under December 23, 2025 warrant agreement
Aggregate subscription price EUR 5,772.37 Total subscription price for 577,237 new shares at EUR 0.01 per share
Subscription price per share EUR 0.01 per share Price per share for the warrants exercised by Kreos
Total shares outstanding 263,039,597 shares Total number of IQM shares and votes after registration on July 16, 2026
Warrant agreement date December 23, 2025 Date of the warrant agreement under which Kreos received subscription rights
net exercise financial
"Kreos exercised all outstanding warrants through a net exercise, whereby instead..."
A net exercise is a way to convert stock options into shares without paying cash up front: instead of handing over money to buy the optioned shares, the holder receives only the number of shares equal to the option’s value after the company withholds a portion of shares to cover the exercise price and taxes. It matters to investors because it changes how many new shares are issued, affects dilution of existing shareholders, and alters company cash flow compared with a cash exercise.
reserve for invested unrestricted equity financial
"will be entered in its entirety into the Company’s reserve for invested unrestricted equity."
Finnish Trade Register regulatory
"The new shares subscribed for with the warrants have been registered with the Finnish Trade Register..."
regulated market regulatory
"The new shares will be admitted to trading on the regulated market of Nasdaq Helsinki Ltd together with..."
A regulated market is an organized trading venue overseen by government or independent authorities that enforces rules on who can list, what information must be published, and how trades are executed. Think of it like a store that must pass safety inspections and display clear labels: the oversight promotes honesty, regular reporting, and fair access, which helps investors compare options, find buyers and sellers, and reduces the risk of fraud or hidden problems.

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

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FAQ

What warrant exercise did IQM Quantum Computers (IQMX) disclose in July 2026?

IQM Quantum Computers disclosed that Kreos Capital VII Aggregator SCSp exercised all outstanding warrants, leading to the issue of 577,237 new shares. The warrants were originally granted under a December 23, 2025 agreement allowing subscription for up to 1,015,511 shares.

How many new shares did Kreos receive from IQM Quantum Computers (IQMX) and at what price?

Kreos received 577,237 new shares of IQM Quantum Computers at a subscription price of EUR 0.01 per share. The aggregate subscription price of EUR 5,772.37 will be entered into the company’s reserve for invested unrestricted equity.

What is the new total share count of IQM Quantum Computers (IQMX) after the warrant exercise?

After registering the new shares on July 16, 2026, IQM Quantum Computers has 263,039,597 shares and votes outstanding. This total includes the 577,237 shares issued to Kreos through the net exercise of all warrants under the December 2025 warrant agreement.

When will the new IQM Quantum Computers (IQMX) shares start trading on Nasdaq Helsinki?

The new IQM Quantum Computers shares are expected to begin trading on the regulated market of Nasdaq Helsinki on or about July 20, 2026. They will trade together with the company’s pre-existing shares and carry full shareholder rights from registration.

How was the subscription price from the IQM Quantum Computers (IQMX) warrant exercise accounted for?

The aggregate subscription price of EUR 5,772.37 from the warrant exercise will be entered entirely into IQM Quantum Computers’ reserve for invested unrestricted equity. The transaction follows a net exercise, under which Kreos received a reduced number of shares instead of paying cash.
 
 

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 July 2026

Commission File Number: 001-43383

 

 

IQM Quantum Computers Oyj

(Translation of registrant’s name into English)

 

 

Keilaranta 19

FI-02150 Espoo

Finland

(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

 

 
 


INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K

On July 16, 2026, IQM Quantum Computers Oyj (the “Company”) issued, via stock exchange release (the “Release”) made with Nasdaq Helsinki Ltd. (“Nasdaq Helsinki”), notification and public disclosure regarding the subscription for Company shares with the exercise of the Company warrants. The Release is attached hereto as Exhibit 99.1.

 

Exhibit
No.
  

Description

99.1    Stock Exchange Release, dated July 16, 2026


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.

 

    IQM QUANTUM COMPUTERS OYJ
Date: July 20, 2026     By:   /s/ Jan Goetz
      Name: Jan Goetz
      Title: Chief Executive Officer

Exhibit 99.1

 

IQM Quantum Computers Plc

Total number of voting rights and

shares

IQM Quantum Computers Plc’s new shares subscribed for with warrants have been registered with the Finnish Trade Register

IQM Quantum Computers Plc, Stock Exchange Release, July 16, 2026 at 17:15 (EEST)

A total of 577,237 new shares have been subscribed for with IQM Quantum Computers Plc’s (“IQM or the “Company”) warrants. The warrants were exercised by Kreos Capital VII Aggregator SCSp (“Kreos”) to whom the warrants were issued in connection with a financing arrangement pursuant to a warrant agreement dated December 23, 2025.

Under the warrant agreement, the warrants entitled Kreos to subscribe for a maximum of 1,015,511 shares. Kreos exercised all outstanding warrants through a net exercise, whereby instead of paying the aggregate subscription price in cash, Kreos elected to receive a reduced number of shares. As a result, 577,237 new shares were issued to Kreos. The aggregate subscription price of EUR 5,772.37 (EUR 0.01 per share) will be entered in its entirety into the Company’s reserve for invested unrestricted equity. Following this exercise of warrants, no warrants remain outstanding under the warrant agreement.

The new shares subscribed for with the warrants have been registered with the Finnish Trade Register today, July 16, 2026. As a result of the registration, the total number of IQM’s shares and votes is 263,039,597. The new shares confer shareholder rights on their holders from the date of registration. The new shares will be admitted to trading on the regulated market of Nasdaq Helsinki Ltd together with the pre-existing shares on or about July 20, 2026.

For further information, please contact:

Blair Robertson, Vice President, Strategy & Corporate Development

Investor Relations Officer

Investors@iqm.tech

About IQM Quantum Computers

IQM Quantum Computers (Nasdaq: IQMX) is a global leader in superconducting quantum computers, delivering full-stack quantum systems and cloud platform access to enterprises, research institutions, universities, high-performance computing centers, and national laboratories worldwide. IQM’s on-premises deployment model gives customers direct ownership and control of their quantum infrastructure. Founded in 2018 and headquartered in Finland, with major operations in Munich, IQM employs over 400 people and operates across Europe, Asia, and North America. IQM is the first publicly listed European quantum company on Nasdaq Stock Market.

Filing Exhibits & Attachments

1 document