BTQ Technologies Launches C$150M ATM Share Offering to Strengthen Balance Sheet
BTQ•BTQ Technologies has established an at-the-market equity program to offer up to C$150 million of common shares through Cantor Fitzgerald’s Canadian and U.S. agents, enabling sales on Cboe Canada, Nasdaq and other marketplaces. The program, under prospectus supplements dated June 18, 2026, will fund working capital and strengthen balance sheet.
1. ATM Program Announcement
BTQ Technologies has established an at-the-market equity program to offer and sell up to C$150 million of common shares through Cantor Fitzgerald’s Canadian and U.S. agents, enabling sales on Cboe Canada, Nasdaq and other marketplaces.
2. Use of Proceeds
The company plans to deploy net proceeds to fund working capital requirements and strengthen its balance sheet, aiming to enhance operational flexibility and support potential acquisitions in quantum computing hardware, middleware and security solutions.
3. Program Mechanics and Terms
Sales will occur at prevailing market prices at BTQ’s discretion with no minimum offering requirement, and the ATM program will remain effective until all shares are sold, it is terminated under the sales agreement, or the prospectus expires.
