Quanome CEO Yang Li provides up to $15 million revolving loan at 6.0% interest

Lakeside Holding Ltd

Quanome Technologies entered a revolving loan agreement with CEO/Chairman Yang Li for up to $15.0 million in non-dilutive growth capital.
Advances bear interest at 6.0% per annum, payable monthly in arrears; proceeds may be used for working capital and general corporate purposes.
The loan matures three months after its effective date; if Yang Li ceases to serve as both Chairman and CEO, outstanding amounts become due 30 days after he leaves the second role.
The Audit Committee, made up of three independent directors, approved the transaction; Li disclosed his interest and did not participate in deliberations or vote.
An October 1, 2026 press release said Li is backing Quanome's quantum strategy; QNME trades on Nasdaq and the loan agreement will be filed with the Q3 2026 report.

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