• What’s going on with QUCY shares?
The AI-supported defense platform company said the report incorrectly described its capital structure as having a “hidden” share count.
According to the company, the convertible preferred securities referenced in the report and their potential conversion into ordinary shares have already been disclosed in SEC filings and previous press releases.
The company also said the $6 million cited in the report represents capital invested by David Lazar, Quantum Cyber’s CEO, to support operations and growth. It added that Lazar remains subject to insider trading laws, making the report’s “insider dump” narrative inconsistent.
Company Defends Autonomous Defense Strategy
