Quantum BioPharma Sets October 2025 Record Date for Litigation-Linked CVR Distribution

Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) has established October 27, 2025 as the record date for distributing contingent value rights to holders of its Class B Subordinate Voting Shares. The distribution will occur on a one-for-one basis, providing shareholders with potential financial upside from the company's ongoing litigation against CIBC World Markets, RBC Dominion Securities, and other defendants.

Each CVR entitles holders to a pro rata portion of between 10% and 50% of any net proceeds ultimately recovered from the litigation, which seeks damages exceeding USD $700 million. The lawsuit represents a significant financial opportunity for both the company and its shareholders, with potential recoveries that could substantially impact Quantum BioPharma's financial position and future development capabilities.

The CVRs carry specific restrictions that investors should understand. They are non-transferable securities that carry no interest or voting rights. Most importantly, the CVRs will only be redeemable for cash if Qualifying Net Proceeds are received through either settlement or a final, non-appealable judgment in the company's favor. This structure means shareholders will only benefit if the litigation produces actual financial recoveries.

For investors, this distribution represents an unusual opportunity to participate directly in the potential upside of corporate litigation. The case against major financial institutions like CIBC World Markets and RBC Dominion Securities suggests substantial claims that could significantly impact shareholder value if successful. The full details of the arrangement are available in the company's official press release at https://ibn.fm/P9Wrt.

The litigation's outcome could have broader implications for the biopharmaceutical industry, particularly for companies like Quantum BioPharma that are focused on developing treatments for challenging neurodegenerative and metabolic disorders. Significant financial recoveries could accelerate research and development efforts, potentially benefiting patients awaiting new treatments for conditions like multiple sclerosis.

This CVR distribution comes as Quantum BioPharma continues developing its lead compound, Lucid-MS, through its wholly owned subsidiary Lucid Psycheceuticals Inc. The company also maintains strategic investments through FSD Strategic Investments Inc. and holds a 20.11% stake in Unbuzzd Wellness Inc. as of March 31, 2025, with additional royalty arrangements that could provide future revenue streams.

Investors seeking ongoing updates about Quantum BioPharma can access the company's newsroom at https://ibn.fm/QNTM. The October 2025 record date gives current shareholders approximately one year to maintain their positions if they wish to participate in the CVR distribution and potential litigation recoveries.