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NASDAQ: QXL QUANTUM X LABS INC. 8-K

Quantum X Labs appoints Yakov Baranes as co-CEO in dual-leadership structure

Filed May 15, 2026 · Period ending May 14, 2026 · ~1 min read

Key Changes

  • high

    Yakov Baranes appointed co-CEO effective May 18, 2026, sharing leadership with existing CEO Amihay Hadad who has led the company since February 2020.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
  • medium

    Baranes holds 103,373 shares and warrants for 246,387 shares from the March 2026 Quantum Israel acquisition, with up to 703,710 additional shares or warrants contingent on undisclosed milestones.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
  • medium

    Baranes will receive NIS 60,000 plus VAT monthly (approximately $16,500), combining NIS 36,000 for the co-CEO role and NIS 24,000 for services to the Quantum Israel subsidiary, plus discretionary bonuses.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →

1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Source-verified from EDGAR · Narrative written by AI · Jun 21, 2026 · How we verify