Quantum Cyber N.V. 8-K

What Happened

• Quantum Cyber N.V. (QUCY) filed an 8-K (Item 1.02) reporting that on June 2, 2026 it delivered notice to Maxim Group LLC to terminate their at-the-market (ATM) issuance sales agreement (originally dated October 1, 2025; amended May 4, 2026), with termination effective June 7, 2026.
• Prior to termination, the company sold 3,280,927 Ordinary Shares under the Sales Agreement for net cash proceeds of approximately $4,388,515. The company stated there are no termination penalties.

Key Details

• Agreement counterparty: Maxim Group LLC (sales agent).
• Shares sold under the agreement: 3,280,927 Ordinary Shares.
• Net proceeds received: ≈ $4,388,515.
• Notice delivered: June 2, 2026; termination effective: June 7, 2026.
• Sales Agreement dates: entered Oct 1, 2025; amended May 4, 2026 (full texts previously filed as exhibits).

Why It Matters

• This filing ends Quantum Cyber’s ability to issue additional shares under that specific ATM program with Maxim.
• Investors should note the company raised roughly $4.4 million through the program and incurred no termination fees; this affects one channel the company had for raising equity but does not by itself disclose other financing or operational changes.