STOCK TITAN

Quantum X Labs (QXL) backer reports sub‑10% stake with blocker limits

(Neutral)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • None.
Shares outstanding 21,817,826 shares Common stock of Quantum X Labs Inc. used to calculate ownership percentages
Beneficial ownership – Nissim Daniel 7.61% 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 Daniel 350,271 shares Common shares held directly
Pre-funded warrant shares – Nissim Daniel 44,283 shares Shares issuable within 60 days subject to a 4.99% blocker
Shares held by J.B.D Innovation Ltd. 300,000 shares Common shares held directly
Option shares – J.B.D Innovation Ltd. 750,000 shares Issuable within 60 days upon exercise of options
Warrant shares – J.B.D Innovation Ltd. 300,000 shares Issuable within 60 days upon exercise of a warrant with 4.99% blocker
beneficial ownership financial
"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 warrant financial
"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 provision financial
"which includes a blocker provision under which Mr. Daniel does not have the right to exercise"
pecuniary interest financial
"disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest"
Sole Voting Power financial
"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.

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

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Learn about SEC filing dates





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




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




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



Nissim Daniel
Signature:/s/ Nissim Daniel
Name/Title:Nissim Daniel
Date:08/20/2026
J.B.D Innovation Ltd.
Signature:/s/ Nissim Daniel
Name/Title:Nissim Daniel/Chief Executive Officer
Date:08/20/2026
Exhibit Information

EXA - Joint Filing Agreement