Quantum Provides Clarification Regarding Recent Shareholder Transactions
January 08 2025 - 3:01PM
Business Wire
Quantum Corporation (NASDAQ: QMCO) ("Quantum" or the "Company"),
a leader in solutions for AI and unstructured data, today announced
the Company’s senior lenders recently exercised previously issued
warrants to purchase shares of Quantum’s common stock. These
transactions had been incorrectly reported by certain news outlets
as a disposition of shares. The Company wanted to clarify the
nature of these transactions and also reiterate that the associated
parties are currently restricted from selling Quantum’s common
stock as a result of Quantum's quarterly and financial results
calendar.
About Quantum
Quantum delivers end-to-end data management solutions designed
for the AI era. With over four decades of experience, our data
platform has allowed customers to extract the maximum value from
their unique, unstructured data. From high-performance ingest that
powers AI applications and demanding data-intensive workloads, to
massive, durable data lakes to fuel AI models, Quantum delivers the
most comprehensive and cost-efficient solutions. Leading
organizations in life sciences, government, media and
entertainment, research, and industrial technology trust Quantum
with their most valuable asset – their data. Quantum is listed on
Nasdaq (QMCO). For more information visit www.quantum.com.
Quantum and the Quantum logo are registered trademarks of
Quantum Corporation and its affiliates in the United States and/or
other countries. All other trademarks are the property of their
respective owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20250108806354/en/
Investor Relations Contacts: Shelton Group Leanne K.
Sievers | Brett L. Perry P: 214-272-0070 E:
sheltonir@sheltongroup.com
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