Quanome CEO to Back Quantum Strategy with Up to $15 Million in Non-Dilutive Growth Capital
Globe Newswire•01/10/2026•09:25 ET
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Key Highlights
- ➤Quanome Technologies (QNME) secured up to $15 million in non-dilutive revolving loan capital
- ➤Loan advances carry 6.0% annual interest and require CEO approval
- ➤Proceeds will fund working capital and general corporate purposes
- ➤Audit Committee independently approved the agreement as fair and reasonable
Expert Statements
Yang Li, CEO and Chairman of Quanome Technologies
“I am deeply committed to Quanome's quantum-focused strategy and the long-term potential of the growth opportunities we are pursuing”
Yang Li, CEO and Chairman of Quanome Technologies
“Providing this financial support is a practical expression of my confidence in our future.”
Yang Li, CEO and Chairman of Quanome Technologies
“Our ambition remains steadfast: to connect quantum science, artificial intelligence and advanced computing with real-world applications that can create tangible social and economic value for communities and economies, world-wide.”
Insider Scaled Capital Support Reflects Confidence in Quanome's Strategic Direction and Future Potential
NEW YORK, NY, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Quanome Technologies, Inc. (Nasdaq: QNME) ("Quanome" or the "Company"), has entered into a revolving loan agreement with the Company’s CEO and Chairman, Yang Li, for up to $15 million in non-dilutive growth capital. The arrangement gives Quanome an additional potential source of capital as it executes its strategic priorities in the quantum computing space.
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