Mergers & Acquisitions ·
Quantum eMotion agrees to acquire Plurilock Security in C$0.084 cash plus 0.0763 shares per share
QNCQuantum eMotion Corp
Quantum eMotion Corp. has entered into an Arrangement Agreement to acquire Plurilock Security Inc. under a plan of arrangement governed by the British Columbia Business Corporations Act. The transaction provides shareholders and holders of restricted share units with C$0.084 in cash and 0.0763 shares of Quantum eMotion for each security held. Key conditions include approval by two-thirds of votes cast at a company meeting, regulatory clearances including CFIUS, and stock exchange approvals. The deal is expected to close on or before January 29, 2027, subject to satisfaction of closing conditions. Quantum eMotion Corp. operates in the cybersecurity industry, providing security solutions and services.