Viewbix Inc. Signs New Term Sheet to Acquire <a href="https://laohu8.com/S/QMCO">Quantum</a> X Labs
Viewbix Inc. has entered into a new non-binding term sheet with Quantum X Labs Ltd., an Israeli company specializing in quantum computing and AI, and all of Quantum's shareholders. Under the proposed terms, Viewbix would acquire 100% of Quantum's issued and outstanding share capital on a fully diluted, post-closing basis in exchange for newly issued securities. Additional earn-out securities may be issued if Quantum achieves certain milestones within 30 and 36 months following the closing, such as reaching beta testing of its platform with partners or filing additional patents. Completion of the acquisition remains subject to final due diligence, execution of definitive agreements, regulatory approvals, stockholder approval, and customary closing conditions.
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