QTREX Quantum is trading 11.47% up at $0.95 after announcing a $10 million registered direct offering.
- The offering covers 11,111,111 ordinary shares priced at $0.90 each and is expected to raise approximately $10 million.
- Closing is expected on August 21, 2026, with institutional investor participation.
- Proceeds are intended for working capital and general corporate purposes; the announcement is the clearest company-specific catalyst behind the pre-market rebound following the August 20 selloff.