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Quantum Biopharma ( (TSE:QNTM) ) has provided an update.
On August 21, 2025, Quantum BioPharma announced several corporate updates, including the settlement of a debt with a creditor by converting it into Class B shares and the grant of restricted stock units to two clinical advisors. The company also terminated its advisory agreement with Kevin Malone. These updates reflect Quantum BioPharma’s ongoing efforts to manage its financial obligations and incentivize key personnel, potentially impacting its strategic positioning in the biopharmaceutical industry.
More about Quantum Biopharma
Quantum BioPharma Ltd. is a biopharmaceutical company focused on developing innovative biotech solutions for neurodegenerative and metabolic disorders, as well as alcohol misuse disorders. The company is actively involved in the research and development of its lead compound, Lucid-MS, which targets multiple sclerosis. Quantum BioPharma also holds strategic investments and retains a stake in Unbuzzd Wellness Inc., which markets an over-the-counter product developed by Quantum.
Average Trading Volume: 6,766
Technical Sentiment Signal: Buy
Current Market Cap: C$97.3M
For a thorough assessment of QNTM stock, go to TipRanks’ Stock Analysis page.