Form 4 for QXL QUANTUM X LABS INC.

Accepted 2025-03-21 00:00:00 ET · period of report 2024-06-18 · accession 0001493152-25-011073 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2025-03-21	2024-06-18	QXL	Baumann Yoram	Dir	P - Purchase	$1.00	+9,444	37.6K	+33%	+$9,444
D	2025-03-21	2024-06-18	QXL	Baumann Yoram	Dir	P - Purchase	$1.00	+9,444	37.6K	+33%	+$9,444

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock, par value $0.0001 per share	2024-06-18	P	A	9,444	$1.00	37,638	D	—	—	(F1) The shares of common stock were issued by the Company to the reporting person upon the conversion of outstanding interest, at a conversion rate of $1.00, due under a loan provided by the reporting person pursuant to the facility agreement between the Company, the reporting person and the other lenders listed therein (the "Facility Agreement"). (F3) Includes a warrant to purchase 18,750 shares of common stock, par value $0.0001 per share, that was previously issued by the Company to the reporting person, which is currently exercisable or exercisable within 60 days of March 21, 2025.
2	Derivative	Warrant to purchase common stock	2024-06-18	P	A	9,444	$1.00	37,638	D	$1.00 · 2024-06-18 to 2027-06-18	9,444 Common Stock	(F2) The warrants to purchase common stock, par value $0.0001 per share was issued by the Company to the reporting person, upon the conversion of outstanding interest, at a conversion rate of $1.00 due under a loan provided by the reporting person pursuant to the Facility Agreement. (F3) Includes a warrant to purchase 18,750 shares of common stock, par value $0.0001 per share, that was previously issued by the Company to the reporting person, which is currently exercisable or exercisable within 60 days of March 21, 2025.