Recent Updates — LSH
Quanome Technologies entered into an At The Market Offering Agreement with Maxim Group LLC on October 21, 2026, allowing the company to sell shares of its common stock having an aggregate offering price of up to US$9,754,475. Sales will be conducted through Maxim acting as sales agent or principal under the company's existing shelf registration statement declared effective on October 16, 2026. The company will pay a transaction fee of 3.0% of gross sales price and reimburse expenses up to $40,000. Proceeds are intended for working capital, general corporate purposes, business development, and potential strategic transactions. Quanome Technologies operates in the technology sector.
Quanome Technologies' subsidiary XDT Infrastructure I has entered into a Master Services Agreement and initial order to provide dedicated computing capacity for artificial intelligence inference. The agreement features a 60-month term with a total commitment value exceeding $100 million, subject to service-start conditions that are expected to be met within approximately two months. Additionally, Quanome agreed to purchase 32 GPU server units for approximately $18.8 million to support the infrastructure. This marks the company's first customer agreement and signals progress in its AI computing business strategy. Quanome Technologies operates in the quantum and artificial intelligence systems sector.
Quanome Technologies entered into a Revolving Loan Agreement with Chairman and CEO Yang Li on September 28, 2026, providing access to up to $15.0 million in non-dilutive growth capital. The facility bears interest at 6.0% per annum, payable monthly, and matures three months after the effective date, accelerating upon Mr. Li's departure from his executive roles. Proceeds are designated for working capital and general corporate purposes, with each advance subject to the lender's written approval. This transaction was independently reviewed and approved by the company's Audit Committee of independent directors. Quanome Technologies operates in the quantum computing and artificial intelligence sector.
Lakeside Holding Limited received a second notice from Nasdaq on July 9, 2026, granting an additional 180-day compliance period to resolve a minimum bid price deficiency. The company failed to meet the $1.00 per share requirement, but Nasdaq determined it is eligible for an extension until January 4, 2027, because it meets other market value and listing requirements. The company has expressed its intention to cure the deficiency, potentially through a reverse stock split if necessary. Lakeside Holding Limited is a holding company.