STOCK TITAN

Quantum BioPharma Ltd - QNTM STOCK NEWS

Welcome to our dedicated page for Quantum BioPharma news (Ticker: QNTM), a resource for investors and traders seeking the latest updates and insights on Quantum BioPharma stock.

About Quantum BioPharma Ltd. (NASDAQ: QNTM)

Quantum BioPharma Ltd. is a pioneering biopharmaceutical company committed to developing innovative solutions for some of the most challenging medical conditions, including neurodegenerative, neuropsychiatric, and inflammatory disorders. The company operates through two primary segments: Biopharmaceutical and Strategic Investments, reflecting its multifaceted approach to creating value in the healthcare and investment sectors.

Biopharmaceutical Segment

At the core of Quantum BioPharma's operations is its robust pipeline of drug candidates designed to address unmet medical needs:

  • FSD201: An ultra-micronized formulation of palmitoylethanolamide (PEA) targeting inflammatory diseases. This compound is being explored for its potential to modulate inflammatory processes effectively.
  • Lucid-Psych: A novel therapeutic aimed at treating mental health disorders, reflecting the company's commitment to addressing the growing global burden of psychiatric conditions.
  • Lucid-MS: A patented new chemical entity designed to prevent and reverse myelin degradation, the underlying cause of multiple sclerosis. Preclinical models have demonstrated its potential to transform the treatment landscape for this debilitating neurodegenerative disorder.

Through its wholly owned subsidiary, Lucid Psycheceuticals Inc., Quantum BioPharma spearheads groundbreaking research and development initiatives to advance these candidates through the clinical pipeline.

Strategic Investments

Quantum BioPharma complements its pharmaceutical endeavors with a diversified portfolio of strategic investments managed through its subsidiary, FSD Strategic Investments Inc.. These investments include loans secured by residential and commercial properties, providing the company with a stable financial foundation and additional revenue streams. This dual focus on biopharmaceutical innovation and strategic investments underscores Quantum BioPharma's unique business model.

Innovative Products and Partnerships

Quantum BioPharma has also ventured into consumer health with UNBUZZD™, a proprietary product designed to accelerate alcohol metabolism, reduce blood alcohol concentration, and alleviate symptoms of intoxication and hangovers. The company has spun out the over-the-counter version of UNBUZZD™ to Celly Nutrition Corp., retaining a 25.71% ownership stake and securing royalty payments of up to $250 million, with a perpetual royalty structure thereafter. This strategic partnership exemplifies Quantum BioPharma's ability to monetize its innovations effectively.

Financial and Operational Strength

The company benefits from a significant tax loss carryforward of approximately CAD $130 million, which can be utilized to offset future tax obligations. This financial flexibility, combined with its diversified revenue streams, positions Quantum BioPharma to navigate the complexities of the biopharmaceutical industry effectively.

Market Position and Competitive Landscape

Quantum BioPharma operates in a highly competitive biopharmaceutical landscape, facing competition from companies focused on similar therapeutic areas. However, its unique assets, such as Lucid-MS and UNBUZZD™, and its strategic approach to investments and partnerships provide a distinct competitive edge. The company's dual listing on platforms like NASDAQ and Upstream further enhances its visibility and accessibility to a global investor base.

Commitment to Innovation

Quantum BioPharma's mission is to build a portfolio of innovative assets and biotech solutions that address significant unmet medical needs. With a focus on advancing its clinical candidates and leveraging strategic investments, the company is well-positioned to make a meaningful impact in the healthcare sector.

Rhea-AI Summary

Quantum BioPharma (NASDAQ:QNTM) has announced a strategic investment of USD $1,000,000 in Bitcoin (BTC) and other cryptocurrencies following Board approval. The company will also accept cryptocurrency for future financings and transactions, storing all digital assets with a compliant custodian.

CEO Zeeshan Saeed cited Bitcoin's increased legal and market legitimacy, including the emergence of BTC-based ETFs and anticipated pro-crypto policies, as key factors in this decision. The company maintains flexibility to adjust its cryptocurrency holdings based on market conditions, viewing this investment as an opportunity to grow non-operational capital while aligning with emerging financial trends.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.29%
Tags
none
-
Rhea-AI Summary

Quantum BioPharma (NASDAQ: QNTM) has announced a strategic investment of USD $1,000,000 in Bitcoin (BTC) and other cryptocurrencies following Board approval. The company will now accept cryptocurrency for future financings and other transactions, working with a fully compliant custodian.

CEO Zeeshan Saeed stated this move aims to grow non-operational capital, citing Bitcoin's increasing legal and market legitimacy, including the emergence of BTC-based ETFs and anticipated pro-crypto policies. The company maintains flexibility to adjust its cryptocurrency holdings based on market conditions, emphasizing full compliance with financial and audit regulations.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.29%
Tags
none
-
Rhea-AI Summary

Quantum BioPharma (NASDAQ/CSE/FRA: QNTM) has announced the closing of the first tranche of its previously announced offering from December 5, 2024. The company has issued 500 Debenture Units raising CAD $500,000. The proceeds will be allocated to the company's ongoing business model development and general working capital. Securities issued in this tranche are subject to a four-month and one-day statutory hold period from issuance. The company's obligations under the Debentures are no longer collaterally secured by general security.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.22%
Tags
none
Rhea-AI Summary

Quantum BioPharma (NASDAQ: QNTM) announced that the safety review committee has recommended proceeding with the second cohort dosing in their Phase 1 Multiple Ascending Dose clinical trial for Lucid-21-302. The trial, conducted through subsidiary HUGE Biopharma Australia, is evaluating safety and pharmacokinetics of Lucid-21-302 in healthy adult participants. The recommendation follows a review of safety and pharmacokinetic data from the first cohort. The second cohort dosing is expected to begin within days.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.9%
Tags
-
Rhea-AI Summary

Quantum BioPharma (NASDAQ:QNTM) has announced a non-brokered private placement offering of up to 5,000 convertible debenture units at $1,000 per unit, aiming to raise up to $5 million. Each unit includes a $1,000 secured convertible debenture and 80 class B share purchase warrants.

The debentures will mature in 36 months with a 1.25% monthly interest rate, payable quarterly. They are convertible into class B shares at $6.25 per share. The warrants allow holders to purchase additional class B shares at $7.00 per share within 5 years. The proceeds will support business development and working capital. The company also settled $43,825.17 in debt through the issuance of 7,500 shares at $5.84 per share.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
Tags
private placement
-
Rhea-AI Summary

Quantum BioPharma (NASDAQ:QNTM), formerly FSD Pharma, has filed a US$700M+ lawsuit against CIBC World Markets, RBC Dominion Securities and others for alleged market manipulation and share price spoofing. The company has assembled legal teams working on a contingency basis, meaning no upfront costs for the company.

The company is actively inviting shareholders who experienced losses during the relevant period to join the case by sharing details of their trading losses and personal impact. Information can be submitted via email or through the company's website on the 'Quantum vs Banks' page, which will be updated periodically with case progress.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.69%
Tags
none
Rhea-AI Summary

Quantum BioPharma (NASDAQ:QNTM) announces the commencement of sentinel dosing for its Phase 1 multiple ascending dose clinical trial of Lucid-21-302 in Australia. The study aims to evaluate the safety and pharmacokinetics of Lucid-21-302 in healthy adult participants, marking a significant step toward Phase 2 efficacy trials for multiple sclerosis treatment. The company has also retained several firms for market awareness and investor relations, including Agoracom ($25,000 CAD), Independent Trading Group ($7,500 CAD monthly), Buyins ($15,000 USD), and Stockjock ($15,000 USD).

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
Tags
-
Rhea-AI Summary

Quantum Biopharma (Nasdaq: QNTM) has filed a market manipulation lawsuit against CIBC World Markets and RBC Dominion Securities. The complaint alleges that defendants engaged in 'spoofing' - placing sell orders they didn't intend to fill - to artificially lower the stock price over a four-year period. This manipulation allegedly occurred more than a thousand times, causing significant harm to both the company and shareholders. Quantum Biopharma claims it was forced to sell shares at artificially depressed prices during this period and is now seeking damages to compensate for losses.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.45%
Tags
none
-
Rhea-AI Summary

Quantum BioPharma (NASDAQ:QNTM) has filed a complaint in the U.S. District Court for the Southern District of New York against CIBC World Markets, RBC Dominion Securities, and others. The lawsuit alleges that between January 1, 2020, and August 15, 2024, the defendants engaged in market manipulation through "spoofing" techniques, violating securities laws. Quantum BioPharma is seeking damages exceeding $700 million USD.

The company has posted a copy of the complaint on its website for public access. Law firms Christian Attar and Freedman Normand Friedland LLP are handling the case on a contingency basis. The complaint alleges that the defendants' actions artificially depressed Quantum BioPharma's stock price, harming both the company and its retail investors.

Quantum BioPharma's stock price has fallen from over $460 USD per share in January 2020 to $7.55 USD as of October 18, 2024, reducing its market cap from nearly $1 billion to less than $15 million. The company believes other banks/brokers may be involved in the alleged manipulation but has not named them at this time.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.33%
Tags
none
Rhea-AI Summary

Quantum BioPharma (NASDAQ: QNTM) has filed a US federal lawsuit against CIBC World Markets, RBC Dominion Securities, and others, seeking damages exceeding $700 million USD for alleged stock price manipulation through spoofing. The lawsuit, filed on October 20, 2024, in the Southern District of New York, claims violations of the Securities Exchange Act of 1934 between January 1, 2020, and August 15, 2024.

The company alleges that the defendants used spoofing techniques to artificially depress Quantum BioPharma's stock price. In January 2020, the stock traded over $460 USD per share with a market cap near $1 billion, but as of October 18, 2024, it closed at $7.55 USD per share with a market cap under $15 million.

Law firms Christian Attar and Freedman Normand Friedland LLP are handling the case on a contingency basis. The company remains open to dialogue for an amicable solution with the involved banks and brokers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.8%
Tags
none

FAQ

What is the current stock price of Quantum BioPharma (QNTM)?

The current stock price of Quantum BioPharma (QNTM) is $4.5 as of March 6, 2025.

What is the market cap of Quantum BioPharma (QNTM)?

The market cap of Quantum BioPharma (QNTM) is approximately 9.5M.

What does Quantum BioPharma Ltd. specialize in?

Quantum BioPharma specializes in developing innovative treatments for neurodegenerative, neuropsychiatric, and inflammatory disorders, alongside strategic investments.

What are Quantum BioPharma's key drug candidates?

The company's key drug candidates include FSD201 for inflammatory diseases, Lucid-Psych for mental health disorders, and Lucid-MS for multiple sclerosis.

How does Quantum BioPharma generate revenue?

Quantum BioPharma generates revenue through its biopharmaceutical operations, strategic investments, and royalty agreements, such as the one with Celly Nutrition for UNBUZZD™.

What is UNBUZZD™?

UNBUZZD™ is a proprietary product designed to accelerate alcohol metabolism, reduce blood alcohol concentration, and alleviate symptoms of intoxication and hangovers.

What is Quantum BioPharma's competitive advantage?

Quantum BioPharma's competitive advantage lies in its unique drug candidates, strategic investment portfolio, and innovative partnerships, such as its collaboration with Celly Nutrition.

What is Lucid-MS?

Lucid-MS is a patented new chemical entity developed by Quantum BioPharma to prevent and reverse myelin degradation, the underlying cause of multiple sclerosis.

How does Quantum BioPharma manage financial risks?

The company leverages a significant tax loss carryforward, diversified revenue streams, and strategic investments to manage financial risks effectively.

Where is Quantum BioPharma listed?

Quantum BioPharma is listed on NASDAQ, the Canadian Securities Exchange (CSE), and the Upstream global securities trading app.

What is Quantum BioPharma's relationship with Celly Nutrition?

Quantum BioPharma retains a 25.71% ownership stake in Celly Nutrition and receives royalties from the sales of UNBUZZD™.

What are the company's strategic investments?

Quantum BioPharma's strategic investments include loans secured by residential and commercial properties, managed through its subsidiary FSD Strategic Investments Inc.
Quantum BioPharma Ltd

Nasdaq:QNTM

QNTM Rankings

QNTM Stock Data

9.50M
1.66M
13.74%
16.65%
2.13%
Drug Manufacturers - Specialty & Generic
Healthcare
Link
Canada
Toronto