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Quantum Blockchain Technologies extends bond maturity

Quantum Blockchain Technologies PLC (AIM:QBT, FRA:BYA1) told investors it has pushed out the maturity date on its remaining €2.873 million zero-coupon bond by two years.

The AIM-listed blockchain research and development company agreed with MC Strategy S.A., the bond’s sole holder, to extend maturity from 15 December 2026 to 15 December 2028. All other terms of the bond remain unchanged, including its 3% yield to maturity.

The original €3.5 million bond was issued in 2020 and was partially converted into €1 million of new QBT ordinary shares in July 2023.