Quanome Technologies, Inc. (LSH) Form 424B5 — Oct 21, 2026
Quanome Technologies (formerly Lakeside Holding Limited; Nasdaq: QNME) filed a 424B5 on October 21, 2026 establishing an at-the-market offering of up to $9,754,475 of common stock (up to 20,579,061 shares at the assumed $0.474 price) through Maxim Group LLC as sales agent, earning up to a 3% commission. If fully sold, shares outstanding would rise from 34,427,559 to 55,006,620 — roughly 60% dilution versus the ~$29.3M public float — with new investors facing immediate dilution of $0.18 per share versus the $0.20 June 30, 2026 net tangible book value. Proceeds are earmarked for working capital, general corporate purposes, and potential acquisitions.
Key figures
- Gross Proceeds
- 9754475
- Offering Price
- 0.474
- Shares Offered
- 20579061
- Shares Outstanding
- 55,006,620 after full offering (34,427,559 before)
- Shelf capacity
- 120000000
- Offering expenses
- 203904
- Sales agent commission
- up to 3% of gross proceeds
- Counsel reimbursement cap
- 40000
- Public float market value
- 29263425
- As adjusted ntbv per share
- 0.29
- Warrants outstanding shares
- 595909
- Funding to prc subsidiaries usd
- 12700000
- Nasdaq second compliance deadline
- January 4, 2027
- Net tangible book value per share
- 0.2
- Dilution per share to new investors
- 0.18
AI analysis
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