secwatch.observer — SEC 8-K summary
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Issuer:     Viewbix Inc. (QXL)
CIK:        0000797542
Form:       8-K
Filed at:   2025-12-15T23:59:59+00:00
Accession:  0001493152-25-027799
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Viewbix to issue up to 40% of stock to acquire Quantum X Labs in share exchange
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- Viewbix will issue up to 40% of its outstanding stock (2,666,000 shares + 4,447,595 pre-funded warrants) for up to 100% of Quantum X Labs shares (589,319 ordinary shares).
- Closing expected within 90 days of Dec 15, 2025, subject to stockholder approval, regulatory approvals, due diligence, and at least 85% Quantum shareholder consent.
- Earn-out shares up to 12,702,847 additional shares based on milestones: 5 patent filings (≤1,975,998), portfolio company exit ≥$20M (≤3,436,519), and capital raise or M&A ≥$250M (≤7,290,330).
- Post-closing, Quantum becomes a subsidiary; Viewbix shares issued will be locked up for 12 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797542/000149315225027799/0001493152-25-027799-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797542/000149315225027799/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-027799

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer