Business
Bondholders' Meeting & Update on Patents
Quantum Blockchain Technologies Plc is calling a bondholders' meeting to propose extending the maturity of its €5.5m Zero-Coupon Bonds from December 2026 to December 2028, lowering the conversion price from £0.03 to £0.02, and removing the de-listing redemption option, with a major bondholder holding 62.5% intending to vote in favour. Separately, the company received a "Final Rejection" for its US patent application for ASIC Ultra Boost, which it plans to contest, while its European patent application for "Message Schedule Arrays" has been published, granting provisional protection. Disclaimer*
About this update from Quantum Blockchain Technologies Plc
[{"type":"text","content":"\n\n \n \n \n \n \n \n \n \n 23 March 2026\n \n \n \n \n \n \n \n \n Quantum Blockchain Technologies Plc \n \n \n (“QBT” or “the Company”)\n \n \n \n \n \n \n \n \n \n Call of Bondholders’ Meeting and\n \n \n \n \n Update on US and European Patent Applications\n \n \n \n \n \n \n \n \n \n \n \n \n Bondholders’ Meeting\n \n \n \n Quantum Blockchain Technologies (AIM: QBT), the AIM listed investment company, announces that it has written to the holders of the Company’s Zero-Coupon Bonds (ISIN XS0891139031), originally issued in 2013 and most recently amended at the Bondholders' meeting held on 22 February 2024 (the “Bonds”), calling a meeting to seek Bondholders’ approval of the following proposals (the “Proposals”); \n \n \n \n \n \n -\n \n to extend the maturity of the Bonds from 15 December 2026 to 15 December 2028;\n \n \n \n \n \n -\n \n to amend certain terms of the Bondholders’ conversion right, modifying the conversion price from £0.03 to £0.02; and\n \n \n \n \n \n -\n \n to remove the terms regarding the redemption of the Bonds at the option of the Bondholders on a de-listing;\n \n \n \n \n \n All Bondholders are entitled to vote on the Proposals. Eufingest SA, which holds 62.5% of the Bonds, has confirmed to the Company that it intends to vote in favour of the Proposals. The current total face value of the Bonds is €5.5m. \n \n \n \n \n \n The meeting will be held at 10.00 a.m. (GMT) on Wednesday 15 April 2026 at the Company’s registered office, First Floor, 1 Chancery Lane, London, England, WC2A 1LF. \n \n \n \n \n \n The Bondholders' meeting requires a quorum of two Bondholders holding at least 66.66 per cent of the Bonds. If the meeting is inquorate, it will be adjourned for 14 days. At any adjourned meeting, any number of Bondholders will represent a valid quorum. Bondholders who wish to vote and whose Bonds are held in the name of a broker, dealer, commercial bank, trust company or other nominee institution (including as CDIs) must contact such nominee promptly and instruct or make arrangements with such nominee to vote in accordance with the customary procedures of the clearing systems o...