- Common shares of Quantum eMotion Corp. (QNC) are now eligible for electronic clearing and settlement through the DTC
- DTC eligibility reduces costs and accelerates the settlement process for investors and brokers and opens the door to new investors
- Quantum eMotion’s Quantum Random Number Generator exploits quantum mechanics to provide enhanced security for high-value assets and critical systems
- Quantum eMotion (QNC) is up by 5 per cent on the day, trading at C$0.315 per share at 2:15 pm ET
Common shares of Quantum eMotion Corp. (QNC) are now eligible for electronic clearing and settlement through the DTC.
DTC eligibility reduces costs and accelerates the settlement process for investors and brokers allowing its common shares to be traded over a wider selection of brokerage firms.
Existing investors benefit from potentially greater liquidity and faster execution speeds. This also opens the door to new investors that may have been previously restricted from purchasing the company’s common shares and simplifies the process of trading them in the United States.
The company currently trades on the OTCQB under the symbol QNCCF.
Francis Bellido, CEO of Quantum eMotion, commented on the news.
“Our DTC eligibility marks another step towards improving liquidity of our common shares and increasing market awareness for QeM. We are working diligently to showcase the company’s platform technology as a compelling, and innovative solution in the space of quantum-safe cybersecurity. I am also pleased that our presence in the United States strengthens a few weeks after the White House announces a slate of measures to boost cybersecurity in the United States by mitigating risks to vulnerable cryptographic systems.”
Quantum’s mission is to address the growing demand for affordable hardware security for connected devices. The patented solution for a Quantum Random Number Generator provides enhanced security for high value assets and critical systems.
Quantum Emotion Corp. (QNC) is up 5 per cent on the day, trading at C$0.315 per share at 2:15 pm ET.
