Key Takeaway: Quantum Cyber announced the completion of an independent audit for its recent acquisition of Bridgeport Manufacturing. The audit meets SEC reporting requirements and confirms the transaction's purchase price of $4.18 million, structured as an all-cash deal without goodwill or assumed debt. This acquisition aims to enhance Quantum Cyber's operational capabilities.
Price reaction · baseline $1.37 (2026-09-25 close) · hit pre-market · clean, no other QUCY news in the window
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-0.7%
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POSITIVE FACTORS
Independent audit completed successfully.
Acquisition satisfies SEC reporting requirements.
Transaction valued at $4.18 million.
Full Press Release Details
Independent Audit of Acquired Business Satisfies SEC Reporting Requirements Following Acquisition Closing; Purchase Price Allocation Reflects $4.18 Million All-Cash Transaction with No Goodwill and No Assumed Debt Independent Audit of Acquired Business Satisfies SEC Reporting Requirements Following Acquisition Closing; Purchase Price Allocation Reflects $4.18 Million All-Cash Transaction with No Goodwill and No Assumed Debt
Frequently Asked Questions
What was the purchase price for the acquisition?
The purchase price for the acquisition was $4.18 million.