Viewbix Signs Definitive Agreement to Acquire Quantum X Labs- A Hub for Quantum Algorithms, Navigation and Atomic Clocks
The acquisition, which is subject to closing conditions, would encompass Quantum's proprietary intellectual property portfolio, including an innovative patent for AI-Quantum Error Correction
Tel Aviv, Israel, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Viewbix Inc. (NASDAQ:VBIX) ("Viewbix" or the "Company"), an advanced technologies company, announced today that it has entered into a definitive share purchase agreement (the "Definitive Agreement") with Quantum X Labs Ltd. ("Quantum") and certain of its shareholders to acquire up to 100% and not less than 85% of Quantum's issued and outstanding share capital on a fully diluted basis.
Under the terms of the agreement:
- At closing, Viewbix will issue shares of its common stock and pre-funded warrants representing up to approximately 40% of the Company's issued and outstanding capital stock as of the date of the Definitive Agreement (inclusive of shares to be issued concurrently via the previously announced $3 million PIPE financing).
- Additional consideration representing up to approximately 25% of the Company's issued and outstanding capital stock as of the date of the Definitive Agreement may be issued in the form of common stock and/or pre-funded warrants upon Quantum achieving certain milestones post-closing.
Quantum currently owns and operates four portfolio-companies, each dealing with a different quantum segment and challenge. The portfolio-companies are engaged in developing and promoting quantum algorithms for the transportation, drug discovery and security segments as well as developing quantum-based GPS replacement and quantum atom accuracy solutions.
This acquisition would also encompass Quantum's proprietary intellectual property portfolio, including an innovative patent in quantum error correction, sub-licensed in collaboration with Ramot, the technology transfer company of Tel Aviv University. This intellectual property addresses critical challenges in noisy intermediate-scale quantum devices by enabling efficient, real-time decoding of surface code errors—reducing computational overhead by up to 50% compared to traditional methods and supporting scalable fault-tolerant quantum computing.
At any time prior to the closing date of the acquisition, a Quantum shareholder that that does initially execute the Definitive Agreement may become a party to the Definitive Agreement by executing a joinder. Upon delivery of a fully executed joinder, such Quantum shareholder shall become a party to the Definitive Agreement for all purposes with respect to its holding in Quantum, and shall be bound by all applicable terms, conditions, covenants, representations, warranties and obligations contained in the Definitive Agreement as if an original signatory thereto.
Completion of the acquisition is expected to occur within 90 calendar days of the date of the Definitive Agreement remains subject to final due diligence, regulatory approvals, the approval of the Company's stockholders in accordance with applicable rules or regulations of the Nasdaq Stock Market LLC, a number Quantum shareholders holding at least 85% of Quantum's share capital on a fully diluted basis having executed the Definitive Agreement or other shareholders of Quantum becoming party to the Definitive Agreement at a later date, but prior to the closing date, by executing a joinder, and customary closing conditions.
Additional information relating to the proposed acquisition and the Definitive Agreement was made in the Company's Current Report on Form 8-K filed on December 15, 2025.
About Viewbix Inc.
Viewbix, through certain of its subsidiaries Gix Media Ltd. and Metagramm Software Ltd., operates in the field of digital advertising. Gix Media develops a variety of technological software solutions, which perform automation, optimization and monetization of internet campaigns, for the purposes of acquiring and routing internet user traffic to its customers. Metagramm is a developer of grammatical error correction software. The company offers tools for writing and reviewing, grammar, spelling, punctuation and style features, as well as translation and multilingual dictionaries, using artificial intelligence and machine learning technology.
For more information about Viewbix, visit https://view-bix.com/
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, the Company is using forward-looking statements when it discusses the timing and completion of the acquisition, the receipt of regulatory approvals, the receipt of approval by the Company's stockholders and the satisfaction of closing conditions related to the acquisition. Because such statements deal with future events and are based on Viewbix's current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements could differ materially from those described in or implied by the statements in this press release.
The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed in any filings with the SEC. Except as otherwise required by law, Viewbix undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Viewbix is not responsible for the contents of third-party websites.
Investor Relations Contacts:
Michal Efraty
Investor Relations
[email protected]
