Hampton Securities Limited Completes $2.35 Million Offering for ONE
Hampton Securities Limited's Successful $2.35 Million Placement
Hampton Securities Limited has successfully concluded a private placement, raising $2.35 million through the sale of 4,892,499 units for 01 Quantum Inc. This key offering allows 01 Quantum to expand its reach in the cybersecurity sector, particularly in response to growing demands in the era of quantum computing.
Details of the Private Placement
Each unit sold in this placement was priced at $0.48, consisting of a common share and a warrant. The warrant grants purchasers the right to buy additional shares at $0.75 over a three-year period, providing an exciting opportunity for investors as the company seeks to advance its operations.
Role of Hampton Securities Limited
Hampton acted as the exclusive agent for this offering. In exchange for their services, they received a 7% cash fee based on the gross proceeds. Additionally, 342,475 compensation options were granted, allowing Hampton additional opportunities to benefit from this investment.
Utilization of Proceeds
The funds raised are earmarked for critical initiatives at 01 Quantum. These initiatives include advancing product development and enhancing marketing efforts, crucial for commercializing its innovative technologies. The team's commitment to utilizing these proceeds effectively indicates a strategic approach to growing in a competitive landscape.
About 01 Quantum Inc.
01 Quantum Inc. is recognized as a pioneering provider in the cybersecurity field, focusing on solutions tailored for the quantum landscape. As new cybersecurity threats evolve, 01 Quantum strives to establish a strong foothold with cutting-edge offerings designed to safeguard organizations in this new computing era.
Hampton Securities' Expertise
Hampton Securities Limited stands out as a full-service investment dealer. Based in Toronto, HSL provides a broad range of services including wealth management, capital markets solutions, and assistance with public listings. This diversified service model ensures that they can meet a variety of client needs, particularly in navigating complex market dynamics.
Future Outlook
As 01 Quantum utilizes the newly acquired funding, the anticipation surrounding its advancements grows. With an increasing number of organizations aware of the necessity for robust cybersecurity measures, the timing of this offering aligns well with market needs. Investors and stakeholders alike are watching closely to see how the company leverages its innovative technologies to enhance its competitive stance.
Frequently Asked Questions
What is the total amount raised by Hampton Securities Limited for 01 Quantum?
Hampton Securities Limited raised a total of $2.35 million through the private placement.
What does each unit in the private placement consist of?
Each unit consists of one common share and one-half of a common share purchase warrant.
What is the exercise price of the warrants associated with the placement?
The warrants can be exercised at a price of $0.75 each for a period of three years.
How will 01 Quantum use the funds from this offering?
The funds will be used to advance product development, enhance marketing efforts, and cover general working capital needs.
What role does Hampton Securities Limited play in this investment?
Hampton acted as the sole agent for the offering and received a cash fee along with compensation options as part of their services.
About The Author
Contact Olivia Taylor privately here. Or send an email with ATTN: Olivia Taylor as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.
