QuantumCore Ltd. Successfully Transitions Corporate Domicile to Ontario Under Business Corporations Act

QuantumCore Completes Corporate Domicile Shift to Ontario Following Shareholder Consent

QuantumCore Ltd. has completed its corporate continuance, transitioning its incorporation from Alberta to Ontario under the Business Corporations Act (Ontario). This update was disclosed to Canadian securities regulators on July 24, 2026, marking a significant corporate governance realignment for the quantum computing infrastructure developer.

The process commenced with the filing of articles of continuance, which shareholders approved during the company’s annual and special meeting on July 20, 2026. The continuance took effect on July 22, 2026, establishing a clear timeline for the company’s operational and regulatory transition for investors and stakeholders.

Shareholder Approval and Regulatory Process for Corporate Continuance

Shareholder approval was secured at the annual and special meeting on July 20, 2026, which addressed routine governance matters alongside the continuance proposal. The approval indicates strong shareholder support for the corporate domicile change.

Subsequent to shareholder consent, QuantumCore filed the articles of continuance with Ontario regulators. The Ministry of Public and Business Service Delivery processed the submission and issued the Certificate of Continuance, effective July 22, 2026. This certificate is publicly available on SEDAR+ (www.sedarplus.ca), enabling investors and market participants to verify the corporate status change and review supporting documentation.

Focus on Quantum Computing Infrastructure Technologies

QuantumCore Ltd. is advancing critical infrastructure technologies essential to the quantum computing industry’s development. The company’s expertise includes superconducting amplification, cryogenic signal processing, and advanced quantum hardware solutions designed to overcome key challenges in performance, scalability, and cost for next-generation quantum systems.

Its technology platforms concentrate on amplifier and photon detector solutions, supporting both emerging quantum computers and quantum networks. This strategic positioning addresses the increasing demand for specialized hardware and signal processing components within the expanding quantum computing ecosystem across research, commercial, and industrial sectors.

Multi-Exchange Listings Enhance Market Accessibility

QuantumCore's securities are traded on multiple exchanges, offering diverse access points for investors. The company is listed on the Canadian Securities Exchange under ticker QNCR, the OTCQB marketplace in the U.S. under ticker QNCRF, and the Frankfurt Stock Exchange in Europe under ticker K1Y. This multi-jurisdictional presence underscores QuantumCore’s appeal to investors across North American and European markets.

The corporate continuance from Alberta to Ontario aligns the company’s regulatory framework with Ontario’s securities and corporate governance standards, which govern a major segment of Canada’s capital markets. This change does not affect QuantumCore’s trading status or ticker symbols but better reflects its operational and regulatory environment.

Ontario Business Corporations Act Governance and Benefits

By continuing under Ontario’s Business Corporations Act, QuantumCore transitions from Alberta’s corporate legislation to Ontario’s jurisdiction. This shift impacts the company’s governance structure, shareholder rights, and regulatory oversight, bringing it under Ontario’s comprehensive corporate and securities regulatory regime. The Act governs share capital, shareholder meetings, director and officer duties, and corporate reporting obligations.

While the announcement does not specify the business rationale, the timing at the annual and special meeting suggests the move is part of a broader strategic plan aligned with the company’s business location, investor base, or capital markets strategy.

Public Access to Corporate Continuance Documents via SEDAR+

All documents related to the continuance, including the Certificate of Continuance issued by the Ministry of Public and Business Service Delivery, are available on SEDAR+ (www.sedarplus.ca), Canada’s official repository for securities and corporate filings. Investors and market participants can review these to confirm QuantumCore’s updated corporate status.

Additionally, QuantumCore’s Listing Statement dated March 31, 2026, is accessible on SEDAR+ under the company’s issuer profile. This document provides detailed insights into the company’s operations, risk factors, management, capital structure, and strategic direction. Investors are encouraged to consult these disclosures for comprehensive context on the company’s business and market positioning.

Forward-Looking Statements and Risk Disclosures from QuantumCore

The announcement contains a cautionary note regarding forward-looking information, highlighting that statements about strategies, expectations, planned operations, and future actions involve risks and uncertainties. QuantumCore identifies language such as "estimated," "potential," "future," "projected," "planned," and "will" as indicative of forward-looking statements that may differ materially from actual results.

Investors should review the Risk Factors section in the company’s Listing Statement dated March 31, 2026, available on SEDAR+, for detailed risk disclosures. QuantumCore disclaims any obligation to update forward-looking information except as required by law and advises investors not to rely unduly on such statements without considering associated risks and uncertainties in the quantum computing sector.

Market Reaction and Share Price Impact Following Continuance

No immediate share price impact was evident from public information. Corporate continuances are typically administrative and do not directly affect business operations, assets, or financial condition, thus rarely triggering price volatility. Investors may monitor trading on the CSE, OTCQB, and Frankfurt Stock Exchange to gauge market response to the announcement.

The continuance may be perceived as a formalization of QuantumCore’s Ontario-based operational structure or as a strategic step supporting future financing, partnerships, or operational initiatives benefiting from Ontario incorporation. Trading volume and price trends following the July 24, 2026 announcement may provide insights into investor sentiment regarding this corporate restructuring.

Investment Insights for Current and Prospective QuantumCore Investors

The corporate continuance does not alter QuantumCore’s core business or technology development trajectory. The company remains dedicated to advancing superconducting amplification, cryogenic signal processing, and quantum hardware solutions for the quantum computing industry. Shareholders should continue evaluating technology progress, market adoption, competitive positioning, and financial management as key value drivers.

Prospective investors should thoroughly review QuantumCore’s Listing Statement and regulatory filings to understand its business model, technology platforms, market potential, management team, and financial condition. The quantum computing infrastructure sector is nascent and capital-intensive, with significant technological and commercialization risks. The corporate continuance should not substitute for comprehensive due diligence regarding the company’s strategic direction, technical capabilities, and financial health.