Quantum Cyber ends Maxim $4.4M share sale deal
Quantum Cyber N.V. terminated its at-the-market issuance sales agreement with Maxim Group LLC, effective June 7, 2026, under the agreement’s terms.
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Rhea-AI Filing Summary
Quantum Cyber N.V. terminated its at-the-market issuance sales agreement with Maxim Group LLC, effective June 7, 2026, under the agreement’s terms. This arrangement, originally dated October 1, 2025 and amended May 4, 2026, allowed the company to sell shares into the market over time.
Before ending the program, Quantum Cyber sold 3,280,927 Ordinary Shares for net cash proceeds of about $4,388,515. The company states it will not owe any termination penalties, so ending the agreement does not trigger extra costs.
8-K Event Classification
FAQ
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What did Quantum Cyber N.V. (MYNZ) disclose in this 8-K filing?
How much cash did Quantum Cyber N.V. (MYNZ) raise through the ATM agreement?
When does the termination of Quantum Cyber N.V.’s (MYNZ) ATM agreement become effective?
Does Quantum Cyber N.V. (MYNZ) owe any penalties for ending the ATM agreement?
Who was the counterparty to Quantum Cyber N.V.’s (MYNZ) ATM sales agreement?
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