Financing ·
BTQ Technologies Corp. filed its unaudited interim financial statements for the six months ended June 30, 2026…
BTQQFBTQ Technologies Corp.
BTQ Technologies Corp. filed its unaudited interim financial statements for the six months ended June 30, 2026, reporting a net loss of $36,673,087 CAD and zero revenue. The company raised $4,465,233 CAD from issuing 579,800 common shares under its base shelf prospectus supplement during the period. Subsequent to quarter-end, BTQ issued an additional 2,272,768 shares for net proceeds of $12,628,295 CAD and completed the acquisition of remaining QPerfect shares by issuing 2,195,929 shares and paying $3,306,416 CAD. The filing highlights a material uncertainty regarding the company's ability to continue as a going concern due to negative operating cash flow of $13,913,928 CAD and an accumulated deficit exceeding $101 million. BTQ Technologies Corp. develops computer-based technology related to post-quantum cryptography for blockchain and security applications.