other material
confidence high
sentiment positive
materiality 0.60
Q/C Technologies hires Martin Shkreli as strategic advisor; issues warrants and restricted shares
Q/C TECHNOLOGIES, INC.
- Monthly consulting fee of $12,500 ($150,000 annually) to Ocean Avenue Holdings, Shkreli's entity.
- Warrants to purchase 212,500 shares at $5.097 per share, vesting quarterly over 12 months.
- 212,500 restricted shares of common stock granted, also vesting quarterly over 12 months.
- Term of consulting agreement is 12 months; Shkreli will advise on acquisitions, technology, and board introductions.
- Shkreli joins James Altucher on the advisory team; company highlights optical computing focus.