01 Quantum Announces Closing of $2.35 Million Financing

Toronto, Ontario--(Newsfile Corp. - October 3, 2025) - 01 Quantum Inc. (TSXV: ONE) (OTCQB: OONEF) ("01 Quantum" or the "Company"), one of the first-to-market, enterprise level cybersecurity providers for the quantum computing era, is pleased to announce the closing of its previously announced equity financing of 4,892,499 units (the "Units"), led by Hampton Securities Limited ("Hampton"), at an issue price of $0.48 per Unit (the "Offering Price") for gross proceeds of $2,348,399.52 (the "Offering").

Each Unit consists of one common share of the Company (each a "Common Share") and one-half of one Common Share purchase warrant of the Company (each full warrant, a "Warrant" and collectively the "Warrants"). Each Warrant is exercisable at $0.75 for a period of thirty-six (36) months from the closing of the Offering.

"This financing strengthens our balance sheet and provides the necessary capital to pursue our strategic roadmap," said Andrew Cheung, CEO of 01 Quantum "With a solid financial foundation, we are expanding our product development and sales and marketing capabilities to drive engagement with key stakeholders. As quantum computing advances, we remain focused on building the secure communications infrastructure that will underpin trust in the quantum era."

The Company relied on 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, for the issuance of Units pursuant to the Offering and as such the securities underlying the Units are not subject to resale restrictions.

Hampton acted as the sole agent on the Offering which was completed on a commercially reasonable efforts basis. As consideration for its services, the Agent received a cash fee equal to 7% of the gross proceeds of the Offering. In addition, the Company issued to the Agent 342,475 compensation options (the "Compensation Options"). Each Compensation Option entitles the Agent to purchase one Common Share at the Offering Price for a period of thirty-six (36) months from the closing of the Offering. The Compensation Options are non-transferable and the securities issued on exercise of the Compensation Options are subject to a hold period that expires four months and one day after issuance.