Mergers & Acquisitions ·
Quantum eMotion agrees to acquire Plurilock Security for C$33.8M in stock and cash
QNCQuantum eMotion Corp
Quantum eMotion Corp. announced a definitive agreement to acquire Plurilock Security Inc. in an all-in transaction valued at approximately C$33.8 million. The consideration consists of 70% Quantum eMotion common shares and 30% cash, translating to C$0.084 in cash and 0.0763 Quantum eMotion shares per Plurilock share. This implies a total value of C$0.28 per Plurilock share, representing a roughly 100% premium over its 20-day volume-weighted average price as of September 25, 2026. The acquisition aims to accelerate Quantum eMotion's commercialization by combining its quantum-secure technologies with Plurilock’s established cybersecurity revenue base and public-sector procurement channels. Quantum eMotion is a developer of quantum-secure cybersecurity technologies.