Viewbix Inc. has received the necessary stockholder approval for its planned acquisition of Quantum X Labs Ltd., a company specializing in quantum algorithms, navigation, and atomic clocks. Under the terms of the agreement, Viewbix will issue common stock and pre-funded warrants representing approximately 40% of its capital stock at closing, including shares to be issued in a related private placement. Additional shares or warrants may be issued if certain post-closing milestones are met. The acquisition will include Quantum X Labs’ portfolio of proprietary intellectual property, such as a patent for AI-Quantum Error Correction. The transaction is expected to close in the coming weeks, pending the satisfaction of remaining conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Viewbix Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9619730-en) on January 05, 2026, and is solely responsible for the information contained therein.