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SuperQ Quantum Closes Brokered LIFE Financing

SuperQ Quantum Closes Brokered LIFE Financing

Tuesday, October 21, 2025 at 6:14:06 p.m. UTC

Of $3,450000 Including Full Exercise of Agent's Option

Calgary, Alberta--(Newsfile Corp. - October 21, 2025) - SuperQ Quantum Computing Inc. QBTQ (FSE: 25X) (OTCQB: QBTQF) ("SuperQ Quantum", "SuperQ", or the "Company"),  

is pleased to announce that it has closed its previously announced  commercially reasonable efforts offering, through Hampton Securities  Limited ("Hampton"), pursuant to which the Company issued a total of 3,285,713 units (each, a "Unit") at a price of $1.05 per Unit (the "Issue Price") for aggregate gross proceeds of $3,450,000 including exercise in full of the over-allotment option (the "Offering").


Each Unit consists of one common share (each, a "Share") in the capital of the Company and one Share purchase warrant (each, a "Warrant").  Each Warrant entitles the holder thereof to acquire one additional  Share at a price of $1.40 per Share for a period of thirty-six months  from the closing of the Offering.

The  Offering was led by Hampton who received a cash commission equal to 7%  of the gross proceeds of the Offering and was issued non-transferable  broker warrants (each, a "Broker Warrant")  equal to 7% of the number of Units issued pursuant to the Offering.  Each Broker Warrant is exercisable to acquire one Share at the Issue  Price for a period of thirty-six months from the closing of the  Offering.

The Company intends to use the net  proceeds from the Offering to obtain resources for quantum hardware  development, including human resources, lab facilities, software and  equipment, conduct research and product development and for the general  working capital needs of the Company.

The Units were sold pursuant to Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935 – Exemptions  from Certain Conditions of the Listed Issuer Financing Exemption, and  are not subject to a hold period pursuant to applicable Canadian  securities laws. The Broker Warrants are subject to a hold period of  four months and one day from the closing of the Offering.


About SuperQ Quantum Computing Inc.

SuperQ Quantum Computing Inc. (CSE: QBTQ) (FSE: 25X) (OTCQB: QBTQF) is defining the next era of enterprise  transformation, looking to emerge as a partner for global organizations  seeking direct quantum and supercomputing ROI previously beyond reach.  We are looking to position ourselves as the trusted leader in quantum  and supercomputing-powered problem-solving and optimization.

Our  flagship Super™ platform strives to make the most advanced  computational power intuitive and accessible. This will empower  executives, leading research institutions, and critical government  agencies to unlock immediate business impact across finance, healthcare,  logistics, defense, and beyond, leveraging our proprietary AI  Autopilots to turn complex challenges into executive-ready results with  one-click productization and deployment. SuperQ Quantum is headquartered  in Canada with a growing international presence, particularly in the  US, Middle East and Asia, strategically establishing Super Hubs in key  regions.


For further information contact:

Dr. Muhammad Khan, CEO of SuperQ Quantum Computing Inc.

Email: info@superq.co

Telephone: +1 587 889 1918

www.superq.co


Cautionary Statement Regarding Forward-Looking Information

This  press release contains forward-looking information within the meaning  of Canadian securities legislation. Forward-looking information  generally refers to information about an issuer's business, capital, or  operations that is prospective in nature. Any statements that are  contained in this press release that are not statements of historical  fact may be deemed to be forward-looking information. Forward-looking  information is often identified by terms such as "may", "should",  "anticipate", "would", "will", "estimates", "believes", "intends"  "expects" and similar expressions which are intended to identify  forward-looking information. More particularly and without limitation,  this press release contains forward-looking information concerning  statements the use of proceeds of the Offering and the future plans of  the Company. The Company cautions that all forward-looking information  is inherently uncertain, and that actual performance may be affected by a  number of material factors, assumptions, expectations and risks, many  of which are beyond the control of the Company, including but not  limited to assumptions regarding prevailing market conditions and  general business, economic, competitive, political and social  uncertainties to develop the forward-looking information in this press  release, as well as those risk factors discussed or referred to in the  Company's disclosure documents filed with the securities regulatory  authorities in certain provinces of Canada and available at  www.sedarplus.com. There can be no assurance that such information will  prove to be accurate, as actual results and future events could differ  materially from those anticipated in such information. Accordingly,  readers should not place undue reliance on forward-looking information.

The  forward-looking information contained in this press release are made as  of the date of this press release, and the Company does not undertake  any obligation to update publicly or to revise any of the included  forward-looking information, whether as a result of new information,  future events or otherwise, except as expressly required by applicable  securities laws.


Neither the Canadian  Securities Exchange nor its Market Regulator (as that term is defined in  the policies of the Canadian Securities Exchange) accepts  responsibility for the adequacy or accuracy of this news release.


To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271342

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