Quantum X Labs (QXL) Co-CEO discloses stock and large pre-funded warrant stake

Rhea-AI Filing Summary

QUANTUM X LABS INC. Co-CEO Baranes Yakov has filed an initial Form 3 to report his holdings in the company. He reports direct ownership of 106,790 shares of common stock.

He also holds a Pre-Funded Warrant that is exercisable into 246,387 shares of common stock at an exercise price of $0.0001 per share. According to the disclosure, these Pre-Funded Warrants will not expire until they are exercised in full. The filing does not show any new purchases or sales, only the positions he already holds.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Baranes Yakov

Role Co-CEO

Type	Security	Shares	Price	Value
holding	Pre-Funded Warrant to purchase common stock	--	--	--
holding	Common Stock, par value $0.0001 per share	--	--	--

Holdings After Transaction: Pre-Funded Warrant to purchase common stock — 246,387 shares (Direct, null); Common Stock, par value $0.0001 per share — 106,790 shares (Direct, null)

Footnotes (1)

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Key Figures

Direct common shares held: 106,790 shares Underlying shares via pre-funded warrant: 246,387 shares Pre-funded warrant exercise price: $0.0001 per share +1 more

4 metrics

Direct common shares held 106,790 shares Common Stock, par value $0.0001 per share

Underlying shares via pre-funded warrant 246,387 shares Pre-Funded Warrant to purchase common stock

Pre-funded warrant exercise price $0.0001 per share Exercise price for Pre-Funded Warrant

Form 3 holding entries 2 entries One common stock position and one warrant position

Key Terms

Form 3, Pre-Funded Warrant, exercise price, underlying shares

4 terms

Form 3 regulatory

"Co-CEO Baranes Yakov has filed an initial Form 3 to report his holdings"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

Pre-Funded Warrant financial

"He also holds a Pre-Funded Warrant that is exercisable into 246,387 shares"

A pre-funded warrant is a financial instrument that gives the holder the right to buy shares of a company's stock at a set price, with most of the purchase cost already paid upfront. It functions like a nearly fully paid option, allowing investors to secure shares quickly while minimizing the amount of additional money they need to invest later. This helps investors gain ownership rights efficiently, often used to avoid certain regulatory restrictions or to prepare for future stock purchases.

exercise price financial

"exercisable into 246,387 shares of common stock at an exercise price of $0.0001 per share"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

underlying shares financial

"a Pre-Funded Warrant for 246,387 underlying shares, providing a baseline view"

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Baranes Yakov

(Last) (First) (Middle)

C/O QUANTUM X LABS INC.

2 JABOTINSKY ST, 18TH FL

(Street)

RAMAT GAN L3 5252903

(City) (State) (Zip)

ISRAEL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
05/28/2026

3. Issuer Name and Ticker or Trading Symbol
QUANTUM X LABS INC. [ QXL ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-CEO

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.0001 per share	106,790	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Pre-Funded Warrant to purchase common stock	03/04/2026	(1)	Common Stock	246,387	$0.0001	D

Explanation of Responses:

1. The Pre-Funded Warrants will not expire until exercised in full.

	/s/ Yakov Baranes	06/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Form 3 filing by QXL Co-CEO Baranes Yakov disclose?

The Form 3 discloses Baranes Yakov’s existing holdings in QUANTUM X LABS INC. He reports 106,790 common shares and a Pre-Funded Warrant for 246,387 underlying shares, providing a baseline view of his equity exposure as an insider.

How many QXL common shares does Baranes Yakov directly own?

Baranes Yakov directly owns 106,790 shares of QUANTUM X LABS INC. common stock. This figure represents his reported direct ownership position as of the Form 3 filing date, separate from any shares underlying derivative securities like warrants.

What are the key terms of Baranes Yakov’s Pre-Funded Warrant in QXL?

The Pre-Funded Warrant held by Baranes Yakov is exercisable into 246,387 shares of QXL common stock at an exercise price of $0.0001 per share. The warrant will not expire until it is fully exercised, giving long-duration optionality over these shares.

Does the QXL Form 3 show any insider buying or selling activity?

The Form 3 does not show insider buying or selling activity. It serves as an initial statement of beneficial ownership, listing existing holdings in common stock and a Pre-Funded Warrant, rather than recording new market transactions or option exercises.

How much total QXL share exposure does Baranes Yakov report on Form 3?

Baranes Yakov reports exposure to 106,790 common shares plus 246,387 underlying shares via a Pre-Funded Warrant. Together, these positions outline his potential equity stake in QUANTUM X LABS INC., combining current stock ownership and warrant-based rights.