Quantum BioPharma (NASDAQ: QNTM)โฏissued a formal clarification addressing recent misinformation on social media and stock trading platforms regarding a name change and reverse takeover (RTO) involving Unbuzzd Wellness Inc. Quantum confirmed it has not changed its name to unbuzzd and is not involved in an RTO transaction. The confusion followed a May 29, 2025, release. While Quantum is unbuzzdโs largest shareholder and debt holder, the two entities remain separate. Quantum currently holds 200 million shares of unbuzzd, a 7% royalty agreement on revenue up to $250 million, and a warrant to expand its stake to 25%. Quantum also loaned unbuzzd $1.3 million at 10% interest over three years. Unbuzzd, led by former Coca-Cola executive John Duffy and Celsius Holdingsโ former CEO Gerry David, is preparing for a possible IPO with MNP LLP conducting PCAOB audits. Quantum also announced a pending $20,930 debt settlement with two vendors, to be completed in early June.
To view the full press release, visitโฏhttps://ibn.fm/XayYBย
About Quantum BioPharma Ltd.ย
Quantum BioPharma is a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions for the treatment of challenging neurodegenerative and metabolic disorders and alcohol misuse disorders with drug candidates in different stages of development. Through its wholly owned subsidiary, Lucid Psycheceuticals Inc. (โLucidโ), Quantum BioPharma is focused on the research and development of its lead compound, Lucid-MS. Lucid-MS is a patented new chemical entity shown to prevent and reverse myelin degradation, the underlying mechanism of multiple sclerosis, in preclinical models. Quantum BioPharma invented UNBUZZD(TM) and spun out its OTC version to a company, Celly Nutrition Corp. (โCelly Nutritionโ), led by industry veterans. Quantum BioPharma retains ownership of 25.71% (as of June 30, 2024) of Celly Nutrition at www.unbuzzd.com. The agreement with Celly Nutrition also includes royalty payments of 7% of sales from unbuzzd(TM) until payments to Quantum BioPharma total $250 million. Once $250 million is reached, the royalty drops to 3% in perpetuity. Quantum BioPharma retains 100% of the rights to develop similar products or alternative formulations specifically for pharmaceutical and medical uses. Quantum BioPharma maintains a portfolio of strategic investments through its wholly owned subsidiary, FSD Strategic Investments Inc., which represents loans secured by residential or commercial property.ย
NOTE TO INVESTORS:โฏThe latest news and updates relating to QNTM are available in the companyโs newsroom at https://ibn.fm/QNTM
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