QFTA.US Redemption Rights

QUANTUM FINTECH ACQUISITION CORP(QFTA.US) announced that the holders can elect to exercise the redemption rights. Participants are advised that if the Charter Amendment Proposal is approved, the Company will provide the public stockholders making the Election, the opportunity to receive, at the time the Charter Amendment Proposal becomes effective, and in exchange for the surrender of their shares, a pro rata portion of the funds available in the Trust Account, less any income taxes owed on such funds but not yet paid. You will also be able to redeem your public shares in connection with any stockholder vote to approve a proposed business combination, or if the Company has not consummated a business combination by the Extended Date.

The terms of the offer are as follows:

Option 1: Take no action [Default option]

Option 2: Tender shares for redemption rights: (Company will redeem each public share for a pro rata portion of the funds available in the Trust Account, less any income taxes owed on such funds but not yet paid, calculated as of two days prior to the filing of the amendment to the charter. As of July 12, 2023, this would amount to approximately $10.53 per share. )

Elections (option 2) submitted on the action below will be subject to a 200 USD processing fee.

Guaranteed Delivery: No

The deadline to the offer will be 2023/07/26 @ 16:00 (HONG KONG TIME GMT+8).

In the absence of an election, no action will be taken.

Please fill in the following information and use the registered email address of Futu to send an email to cs@futuhk.com.
1. Account Number –
2. Name - (In Chinese or English)
3. Stock code – QFTA.US
4. Options - (1) or (2)
5. Number of shares participating in corporate actions -

Note to applicants:
1. If shareholders holding 1 share or less of QFTA.US, they cannot participate in related corporate actions.
2. Option 1 is the default option. We will help clients to choose option 1 if have not received clients’ emails.
3. Once the relevant application is submitted, the stocks participating in the company's actions cannot be traded and the application cannot be withdrawn.
4. This corporate action does not accept additional applications, the maximum number of applications that a client can apply for does not exceed the number of eligible shares it holds.
5. The pending orders and unsettled shares will not be accepted for the time being.
6. Please confirm that the account funds are sufficient to pay the relevant fees of this corporate action. Otherwise, we will not bear any responsibility for the failure of your application.
7. If there is any update, all the information released by the listed company shall prevail.