Hampton Securities Limited Completes $3.45 Million LIFE Offering for SuperQ Quantum Computing Inc.

Private Placement Announcement: Hampton Securities Limited has successfully closed a private placement for SuperQ Quantum Computing Inc., raising $3,450,000 by selling 3,285,713 units at $1.05 each, including an over-allotment option.

Unit Composition: Each unit consists of one common share and one share purchase warrant, allowing holders to acquire additional shares at $1.40 for three years post-closing.

Use of Proceeds: The funds raised will be allocated towards quantum hardware development, including resources for research, product development, and general working capital.

Regulatory Compliance: The offering was conducted under Canadian securities laws, with specific exemptions, and the securities are not registered for sale in the United States.