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Qtrex Quantum Ltd. announced it regained compliance with Nasdaq's minimum bid price requirement after its ordinary shares closed at $1.00 or more for 10 consecutive business days from October 2, 2026 to October 15, 2026.
Qtrex Quantum Ltd. received Nasdaq notice that the closing bid price of its ordinary shares was below $1.00 for 30 consecutive business days from August 20, 2026 through October 1, 2026; listing remains unaffected, and it has until April 3, 2027 to regain compliance.
QTREX said independent testing at 20 millikelvin showed its cryogenic interconnect achieved channel-to-channel isolation better than 100 dB, exceeding the published 40 dB specification by more than 60 dB. A binding definitive agreement is being finalized.
QTREX Quantum Ltd. reported revenue of $1.55 million, up approximately 438%, net loss of $6.4 million, and cash of $10.7 million at June 30, 2026. It launched INSU300 on September 23, 2026 for deployments at two government and defense organizations.
