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Quantum X signs LOI to buy 80% stake in TraderMade Systems for US$550,000 in stock

PUBT·10/06/2026 19:02:06
Quantum X signs LOI to buy 80% stake in TraderMade Systems for US$550,000 in stock
  • Quantum X entered a binding LOI to buy 80% of UK market-data provider TraderMade from Currency Mountain Holdings.
  • Fixed price of USD 550,000, paid via 550,000,000 Quantum X common shares priced at USD 0.001 each.
  • Deal includes assignment of a GBP 412,162.47 receivable owed by TraderMade, including accrued interest.
  • Shares issued as consideration carry a six-month lock-up; share count remains fixed despite pre-closing price moves.
  • Closing targeted within 90 days, subject to due diligence, an independent valuation, key staff retention, consents, clean title.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quantum X Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610061500PR_NEWS_USPR_____NY65291) on October 06, 2026, and is solely responsible for the information contained therein.