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Quantum Cyber Aligns Company Strategy With Trump Administration's National Cybersecurity Strategy

Benzinga·03/17/2026 12:34:04
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The Company is also pleased to announce that David Lazar, a significant shareholder and strategic supporter, has pre-funded the second tranche in the amount of $3,000,000, pursuant to a previously announced private placement contemplated by that certain securities purchase agreement between the Company and Mr. Lazar, dated February 13, 2026. As previously disclosed, the consummation of the second tranche transactions and the issuance of the shares of series D preferred stock and series E preferred stock in connection therewith are subject to certain customary closing conditions, as well as receipt of approval by the shareholders of the Company. As a result of this additional funding, the Company has now received a total of $6,000,000 from Mr. Lazar under this commitment.

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