Quantum X Signs LOI for 80% Stake in UK FX Data Firm TraderMade
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Locust Valley, N.Y. – October 06, 2026 -- Quantum X Inc. (OTC: QUTX) has signed a binding letter of intent to acquire an 80% interest in United Kingdom-based TraderMade Systems Ltd., a foreign exchange and financial market data provider, in a deal structured as both an equity purchase and debt acquisition.
Quantum X will pay $550,000 entirely in stock, not cash
The purchase price is fixed at US$550,000, payable through 550,000,000 Quantum X common shares priced at US$0.001 each. The shares will be fully paid but locked up for six months post-closing, with the share count fixed regardless of market price movements before completion.