Quantum X Labs Inc. (QXL) received an amended Schedule 13G filing reporting beneficial ownership by Nissim Daniel and J.B.D Innovation Ltd. Based on 21,817,826 common shares outstanding, Mr. Daniel is reported with beneficial ownership of 7.61% and J.B.D Innovation Ltd. with 5.90%.
Mr. Daniel’s beneficial position consists of 350,271 shares held directly and 44,283 shares issuable within 60 days under a pre-funded warrant, subject to a 4.99% blocker. J.B.D Innovation Ltd.’s position includes 300,000 shares held, plus 750,000 option shares and 300,000 warrant shares exercisable within 60 days, also subject to a 4.99% blocker. Mr. Daniel, as sole owner and director of J.B.D Innovation Ltd., may be deemed to share beneficial ownership, while each reporting person disclaims beneficial ownership beyond its pecuniary interest.
Shares outstanding21,817,826 sharesCommon stock of Quantum X Labs Inc. used to calculate ownership percentages
Beneficial ownership – Nissim Daniel7.61%Percentage of Quantum X Labs Inc. common stock beneficially owned
Beneficial ownership – J.B.D Innovation Ltd.5.90%Percentage of Quantum X Labs Inc. common stock beneficially owned
Shares held directly by Nissim Daniel350,271 sharesCommon shares held directly
Pre-funded warrant shares – Nissim Daniel44,283 sharesShares issuable within 60 days subject to a 4.99% blocker
Shares held by J.B.D Innovation Ltd.300,000 sharesCommon shares held directly
Option shares – J.B.D Innovation Ltd.750,000 sharesIssuable within 60 days upon exercise of options
Warrant shares – J.B.D Innovation Ltd.300,000 sharesIssuable within 60 days upon exercise of a warrant with 4.99% blocker
Key Terms
beneficial ownership, pre-funded warrant, blocker provision, pecuniary interest, +1 more
5 terms
beneficial ownershipfinancial
"Amount beneficially owned by the Reporting Persons consists of (i) 350,271 Shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pre-funded warrantfinancial
"44,283 Shares which may be acquired within 60 days ... through the exercise of a pre-funded warrant"
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.
blocker provisionfinancial
"which includes a blocker provision under which Mr. Daniel does not have the right to exercise"
pecuniary interestfinancial
"disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest"
Sole Voting Powerfinancial
"5 | Sole Voting Power 394,554.00 6 | Shared Voting Power 1,744,554.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
FAQ
What percentage of Quantum X Labs Inc. (QXL) does Nissim Daniel report owning?
Nissim Daniel reports beneficial ownership of 7.61% of Quantum X Labs Inc.’s common stock, based on 21,817,826 shares outstanding. His position includes directly held shares and shares issuable within 60 days upon exercise of a pre-funded warrant subject to a 4.99% blocker.
What percentage of QXL does J.B.D Innovation Ltd. report owning?
J.B.D Innovation Ltd. reports beneficial ownership of 5.90% of Quantum X Labs Inc.’s common stock, calculated on 21,817,826 outstanding shares. This includes held shares plus options and a warrant exercisable within 60 days, with the warrant subject to a 4.99% blocker.
How many Quantum X Labs (QXL) shares are outstanding for this Schedule 13G/A?
The reported ownership percentages are calculated using 21,817,826 shares of Quantum X Labs Inc. common stock outstanding as of the relevant date. This outstanding share count was provided to the reporting persons by the issuer.
What securities underlie Nissim Daniel’s beneficial ownership in QXL?
Nissim Daniel’s beneficial ownership consists of 350,271 common shares and 44,283 shares issuable within 60 days upon exercise of a pre-funded warrant. The warrant has a 4.99% blocker that limits exercises that would push his beneficial ownership above that level.
What securities underlie J.B.D Innovation Ltd.’s beneficial ownership in QXL?
J.B.D Innovation Ltd.’s beneficial ownership includes 300,000 common shares, 750,000 shares issuable upon options exercisable within 60 days, and 300,000 shares issuable upon a warrant exercisable within 60 days, with the warrant subject to a 4.99% blocker provision.
What is the relationship between Nissim Daniel and J.B.D Innovation Ltd. in the QXL filing?
Nissim Daniel is the sole owner and director of J.B.D Innovation Ltd. and may be deemed a beneficial owner of the shares beneficially owned by J.B.D. Both parties filed a joint Schedule 13G/A and each disclaims beneficial ownership except to the extent of pecuniary interest.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
QUANTUM X LABS INC.
(Name of Issuer)
Common Stock, $0.0001 par value per share
(Title of Class of Securities)
926711300
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
926711300
1
Names of Reporting Persons
Nissim Daniel
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ISRAEL
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
394,554.00
6
Shared Voting Power
1,744,554.00
7
Sole Dispositive Power
394,554.00
8
Shared Dispositive Power
1,744,554.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,744,554.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.61 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: *Percentage calculated based on 21,817,826 shares of common stock, $0.0001 par value per share (the "Shares"), of Quantum X Labs Inc. (the "Issuer") issued and outstanding as of the date hereof, which amount was provided to the Reporting Person by the Issuer.
SCHEDULE 13G
CUSIP Number(s):
926711300
1
Names of Reporting Persons
J.B.D Innovation Ltd.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ISRAEL
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,350,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,350,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,350,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.90 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: *Percentage calculated based on 21,817,826 shares of common stock, $0.0001 par value per share (the "Shares"), of Quantum X Labs Inc. (the "Issuer") issued and outstanding as of the date hereof, which amount was provided to the Reporting Person by the Issuer.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
QUANTUM X LABS INC.
(b)
Address of issuer's principal executive offices:
Atrium Tower, 2 Jabotinsky Street, Ramat Gan, Israel 5252903
Item 2.
(a)
Name of person filing:
This Schedule 13G is being filed by each of J.B.D Innovation Ltd., a company incorporated under the laws of the State of Israel, and Mr. Nissim Daniel (each, a "Reporting Person" and together, the "Reporting Persons").
The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit A, pursuant to which the Reporting Persons have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k)(1) of the Securities Exchange Act of 1934, as amended.
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of Nissim Daniel is 5 Harav Levin Street, Ramat Gan, Israel 5226039.
The address of the principal business office of J.B.D Innovation Ltd. is 98 Ha'Yarden Street, Ramat Gan, Israel 5224705.
(c)
Citizenship:
Mr. Nissim Daniel is a citizen of the State of Israel.
J.B.D Innovation Ltd. is a company incorporated under the laws of the State of Israel.
(d)
Title of class of securities:
Common Stock, $0.0001 par value per share
(e)
CUSIP No.:
926711300
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See items 5-11 of the cover pages hereto for beneficial ownership, percentage of class and dispositive power of the Reporting Persons, which is incorporated herein.
Amount beneficially owned by the Reporting Persons consists of (i) 350,271 Shares held by Mr. Nissim Daniel, (ii) 44,283 Shares which may be acquired within 60 days of the date hereof through the exercise of a pre-funded warrant held by Mr. Daniel, which includes a blocker provision under which Mr. Daniel does not have the right to exercise the warrant to the extent (but only to the extent) that such exercise would result in beneficial ownership by Mr. Daniel, together with Mr. Daniel's affiliates, and any other persons acting as a group together with Mr. Daniel or any of Mr. Daniel's affiliates, of more than 4.99% of the Shares, (iii) 300,000 Shares held by J.B.D Innovation Ltd. ("J.B.D."), (iv) 750,000 Shares which may be acquired within 60 days of the date hereof through the exercise of options held by J.B.D. and (v) 300,000 Shares which may be acquired within 60 days of the date hereof through the exercise of a warrant held by J.B.D., which includes a blocker provision under which J.B.D. does not have the right to exercise the warrant to the extent (but only to the extent) that such exercise would result in beneficial ownership by J.B.D., together with J.B.D.'s affiliates, and any other persons acting as a group together with J.B.D.or any of J.B.D.'s affiliates, of more than 4.99% of the Shares.
Mr. Nissim Daniel does not directly own any shares of the Issuer's common stock held by J.B.D Innovation Ltd. Mr. Daniel, as the sole owner and director of J.B.D Innovation Ltd. may be deemed a beneficial owner of any shares of the Issuer's common stock beneficially owned by J.B.D Innovation Ltd. Each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
(b)
Percent of class:
See items 5-11 of the cover pages hereto for beneficial ownership, percentage of class and dispositive power of the Reporting Persons, which is incorporated herein. %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See items 5-11 of the cover pages hereto for beneficial ownership, percentage of class and dispositive power of the Reporting Persons, which is incorporated herein.
(ii) Shared power to vote or to direct the vote:
See items 5-11 of the cover pages hereto for beneficial ownership, percentage of class and dispositive power of the Reporting Persons, which is incorporated herein.
(iii) Sole power to dispose or to direct the disposition of:
See items 5-11 of the cover pages hereto for beneficial ownership, percentage of class and dispositive power of the Reporting Persons, which is incorporated herein.
(iv) Shared power to dispose or to direct the disposition of:
See items 5-11 of the cover pages hereto for beneficial ownership, percentage of class and dispositive power of the Reporting Persons, which is incorporated herein.
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.