SuperQ Quantum Announces Brokered LIFE Financing for up to C$4,000,620

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

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CALGARY, Alberta and VANCOUVER, British Columbia, June 15, 2026 (GLOBE NEWSWIRE) — SuperQ Quantum Computing Inc. (“SuperQ Quantum”, “SuperQ”, or the “Company”) (CSE: QBTQ; OTCQB: QBTQF; Frankfurt: 25X) is pleased to announce that it has engaged Canaccord Genuity Corp. (the “Agent”) to act as lead agent and sole bookrunner in connection with a commercially reasonable efforts offering (the “Offering”) of a minimum of 3,205,128 units of the Company (each, a “Unit”) at a price of C$0.78 per Unit (the “Offering Price”) for minimum gross proceeds of C$2,500,000 and a maximum of 5,129,000 Units for maximum gross proceeds of up to C$4,000,620.

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Each Unit will consist of one common share of the Company (a “Share”) and one common share purchase warrant of the Company (a “Warrant”). Each Warrant will entitle the holder thereof to acquire one additional Share at a price of C$1.00 for a period of 24 months from the closing date of the Offering (the “Closing Date”), provided, however, that the Warrants will not be exercisable for a period of 60 days following the Closing Date.

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As part of the Offering, the Company has agreed to grant the Agent an option (the “Agent’s Option”), exercisable in whole or in part, at any time up to 48 hours prior to the Closing Date, to sell up to that number of additional Units equal to 15% of the number of Units issuable under the Offering.

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The Company intends to use the net proceeds from the Offering for regional expansion into new markets, brand building exercises, partnerships, research and development and for general corporate purposes and the working capital needs of the Company.

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The Units will be offered by way of private placement pursuant to Part 5A of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”), as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (collectively, the “LIFE Exemption“), to purchasers resident in Canada (other than the province of Québec), or pursuant to other available prospectus exemptions under NI 45-106 or other applicable law in Canada. The securities issued under the Offering to Canadian subscribers pursuant to the LIFE Exemption will not be subject to a hold period pursuant to applicable Canadian securities laws. The Units may also be offered for sale by way of private placement in the United States pursuant to available exemptions from U.S. registration requirements, and in such offshore jurisdictions as may be agreed to by the Company and Agent pursuant to available exemptions from the prospectus, registration or other similar requirements in such offshore jurisdictions.

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There is an offering document related to the Offering that can be accessed under the Company’s profile on SEDAR+ (www.sedarplus.ca) and on the Company’s website (www.superq.co). Prospective investors should read this offering document before making an investment decision.

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It is expected that closing of the Offering will take place on or about June 30, 2026. Closing of the Offering is subject to certain conditions, including, but not limited to, receipt of all necessary Canadian Securities Exchange and other regulatory approvals.

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As consideration for its services, the Agent will receive a cash fee equal to 7% of the gross proceeds of the Offering (including the proceeds raised under the Agent’s Option). In addition, the Company will issue to the Agent that number of compensation warrants as is equal to 7% of the aggregate number of Units issued pursuant to the Offering (including Units issued pursuant to the Agent’s Option). Each such compensation warrant will entitle the Agent to purchase one Share at the Offering Price for a period of 24 months from the Closing Date. The Company has also agreed to pay to the Agent on the Closing Date a corporate finance fee of C$100,000, comprised of such number of Shares as is equal to C$100,000 divided by the Offering Price.