0001104659-26-037931
SEC filingThis SEC Form 40-F filing represents the annual registration statement for Quantum eMotion Corp. (QNC) for the fiscal year ended December 31, 2025. As a foreign private issuer, the company utilizes this form to comply with SEC reporting requirements, incorporating financial statements prepared under IFRS. The filing reveals a company actively raising capital through various instruments, including brokered and non-brokered private placements, and managing a complex capital structure involving multiple classes of preference shares (Class B, C, D) and a significant number of outstanding warrants with varying exercise prices and expiration dates. The document highlights the company's investment activities in other entities, such as Krown Technologies Inc. and Greybox Solutions Inc., and the holding of secured convertible promissory notes. Additionally, the filing indicates the presence of unused tax losses carried forward over extended periods, suggesting a history of operating losses typical for companies in development stages. The inclusion of subsidiaries like Quantum eMotion America Inc. and Quantum eHealth Inc. points to an expanding corporate structure. The filing also references historical government support through the Canada Emergency Business Account Loan. Overall, the document provides a comprehensive view of the company's financial position, capital raising activities, and strategic investments during the 2025 fiscal year.