Quantum

Plurilock has voted on acquiring Quantum eMotion.

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 21/10/2026, 15:49:25 UTC.

Briefings

Plurilock shareholders vote on a proposed acquisition of Quantum eMotion, where Quantum eMotion would acquire all Plurilock shares for C$0.084 cash and 0.0763 Quantum eMotion shares per share, implying a C$0.28 offer value. The board recommends approval citing an implied offer value double Plurilock's average trading price over the past 20 trading days and the potential for Quantum eMotion shares to trade more actively. The transaction is expected to complete in late November pending shareholder, court, and regulatory approvals. Shareholders eligible to vote are those holding shares at the close of business on October 1.

Key points

• Plurilock shareholders will vote on a proposed acquisition where Quantum eMotion acquires all outstanding Plurilock common shares for C$0.084 cash and 0.0763 Quantum eMotion shares per Plurilock share, implying an offer value of C$0.28 per share.
• The board recommends approval citing an implied offer value approximately double Plurilock's average trading price over the 20 trading days through Sept. 25, weighted by the number of shares traded each day.

Context

Plurilock is seeking to combine its cybersecurity operations and customer network with Quantum eMotion's quantum-based security technologies. The acquisition aims to bring Quantum eMotion's technology to more customers through Plurilock's existing sales and service operations, potentially improving the ability to serve government, defense, and critical infrastructure businesses. The deal requires specific voting thresholds and court approval to proceed.

Limitations

The evidence covers only the shareholder vote on the proposed acquisition, with no additional background on the companies' prior relationship or the specific outcomes of previous discussions. The implied offer value is based on historical trading data and remains a projection rather than a confirmed transaction value. The exact completion date is expected in late November but is subject to further approvals.

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