PharmaCyte Biotech 8-K/A adds Q/C deal $3M financial details
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Rhea-AI Filing Summary
PharmaCyte Biotech, Inc. filed an amended Form 8-K to supplement its earlier disclosure about a strategic investment in Q/C Technologies, Inc. The company previously purchased Q/C Series H convertible preferred stock and warrants for an aggregate price of $3,000,000, with the preferred shares convertible into 600,000 Q/C common shares and the warrants exercisable for up to 600,000 additional Q/C common shares. The amendment adds Q/C’s audited financial statements for the years ended December 31, 2024 and 2023, unaudited financials as of June 30, 2025, and unaudited pro forma condensed combined financial information showing how the Transaction would have affected PharmaCyte’s results. The pro forma data are presented for informational and illustrative purposes only and are not projections of future performance.
8-K Event Classification
FAQ
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What did PharmaCyte Biotech (PMCB) disclose in this Form 8-K/A?
PharmaCyte Biotech filed an amended Form 8-K to add historical financial statements of Q/C Technologies and unaudited pro forma condensed combined financial information related to its previously announced investment in Q/C. No other changes were made to the original Form 8-K.
What is the size and structure of PharmaCyte Biotech’s investment in Q/C Technologies?
PharmaCyte invested $3,000,000 in Q/C Technologies in a private placement, purchasing Series H convertible preferred stock that is convertible into 600,000 Q/C common shares and warrants to purchase up to 600,000 additional Q/C common shares, with the warrants expiring five years after Q/C stockholder approval of the share issuance.
What financial statements for Q/C Technologies are now available through this PMCB 8-K/A?
The amendment includes Q/C’s audited consolidated financial statements as of December 31, 2024 and 2023 and for the years then ended (Exhibit 99.1), and unaudited condensed consolidated financial statements as of June 30, 2025 and for the six months then ended (Exhibit 99.2).
Does the pro forma information in PharmaCyte’s 8-K/A predict future results?
No. The unaudited pro forma condensed combined financial information is stated to be for informational and illustrative purposes only. It does not represent actual results that would have occurred if the companies had been combined during the periods presented and is not intended to project future results after the Transaction.
When did the Q/C Technologies transaction close for PharmaCyte Biotech?
The closing of the Transaction, under which PharmaCyte purchased Q/C preferred shares and warrants for $3,000,000, occurred on September 4, 2025, as described in the amendment.
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