0001771885true--12-31On August 14, 2024, Quantum BioPharma Ltd. (“the “Company”) furnished a Form 6-K (“Original Form 6-K”) including its interim financial statements for the six months ended June 30, 2024. This Form 6-K/A is being furnished to provide its interim financial statements for the six months ended June 30, 2024 using interactive data files in inline eXtensible Business Reporting Language (iXBRL) in accordance with Rule 405 of Regulation S-T. The documents listed in the Exhibit List are incorporated by reference into this Form 6-K/A.
Other than as expressly set forth above, this Form 6-K/A, as does not, and does not purport to, amend, update or restate the information in any other item of the Original Form 6-K, or reflect any events that have occurred after the Original Form 6-K was originally filed.2024-06-30Q22024false102563000.100000000095888400000.16000.92000000000000000000000000P0Y0003.711.561.501.521.631.501.305.436.891.481.631.471.57P1Y8M30DP2Y8M23DP3Y9M26DP1Y7M13DP1Y9M26DP3Y1M10DP1Y10M24DP1Y10M28DP1Y11M23D1.301.701.501.472.913.862.452.382.412420104001.302028-01-250000017718852024-01-012024-06-300001771885fsd:IndependentDirectorMember2023-01-012023-06-300001771885fsd:ChiefOperatingOfficersMember2023-12-310001771885fsd:ChiefOperatingOfficersMember2024-01-012024-06-300001771885fsd:ChiefOperatingOfficersMember2023-01-012023-06-300001771885fsd:PerformanceShareUnitsMember2024-01-012024-06-300001771885fsd:PerformanceShareUnitsMember2023-01-012023-06-300001771885fsd:DirectorsMember2023-01-012023-06-300001771885fsd:DirectorsMember2023-04-012023-06-300001771885fsd:DirectorsMember2024-04-012024-06-300001771885fsd:DirectorsMember2024-01-012024-06-300001771885fsd:LucidMsAndLucidPsychTopMember2024-01-012024-06-300001771885fsd:LucidMsAndLucidPsychMember2024-01-012024-06-300001771885fsd:GBBDrinkLabIncMember2024-01-012024-06-300001771885fsd:RazaBokhariMember2023-02-012023-02-060001771885fsd:RazaBokhariMember2024-06-012024-06-270001771885fsd:RazaBokhariMember2023-09-012023-09-280001771885fsd:RazaBokhariMember2024-01-012024-06-300001771885fsd:ChiefExecutiveOfficersMember2024-01-012024-06-300001771885fsd:TotalConsolidatedMember2023-04-012023-06-300001771885fsd:TotalConsolidatedMember2023-01-012023-06-300001771885fsd:TotalConsolidatedMember2024-04-012024-06-300001771885fsd:TotalConsolidatedMember2024-01-012024-06-300001771885fsd:StrategicInvestmentsMember2023-04-012023-06-300001771885fsd:StrategicInvestmentsMember2023-01-012023-06-300001771885fsd:StrategicInvestmentsMember2024-04-012024-06-300001771885fsd:StrategicInvestmentsMember2024-01-012024-06-300001771885fsd:BiopharmaceuticalMember2023-04-012023-06-300001771885fsd:BiopharmaceuticalMember2023-01-012023-06-300001771885fsd:BiopharmaceuticalMember2024-04-012024-06-300001771885fsd:BiopharmaceuticalMember2024-01-012024-06-300001771885fsd:TotalConsolidatedMember2024-06-300001771885fsd:TotalConsolidatedMember2023-12-310001771885fsd:StrategicInvestmentsMember2024-06-300001771885fsd:StrategicInvestmentsMember2023-12-310001771885fsd:BiopharmaceuticalMember2024-06-300001771885fsd:BiopharmaceuticalMember2023-12-310001771885fsd:SubsidiariesFiveMember2023-07-310001771885fsd:DirectorsOfficersEmployeesAndConsultantsMember2023-01-012023-06-300001771885fsd:DirectorsOfficersEmployeesAndConsultantsMember2024-01-012024-06-300001771885fsd:RestrictedStockUnitMemberfsd:ClassBCommonSharesMember2024-02-012024-02-230001771885fsd:RestrictedStockUnitMember2024-02-012024-02-230001771885fsd:WarrantsIssuedForServicesMember2024-01-012024-06-300001771885fsd:WarrantsIssuedForServicesMember2023-01-012023-06-300001771885fsd:WarrantsIssuedForServicesMember2023-04-012023-06-300001771885fsd:WarrantsIssuedForServicesMember2024-04-012024-06-300001771885fsd:PerformanceShareUnitMember2024-01-012024-06-300001771885fsd:PerformanceShareUnitMember2023-01-012023-06-300001771885fsd:PerformanceShareUnitMember2023-04-012023-06-300001771885fsd:PerformanceShareUnitMember2024-04-012024-06-300001771885fsd:StockOptionsMember2023-04-012023-06-300001771885fsd:StockOptionsMember2024-04-012024-06-300001771885fsd:StockOptionsMemberfsd:ExercisePriceTwoPoinFourOneMember2024-01-012024-06-300001771885fsd:StockOptionsMemberfsd:ExercisePriceTwoPointThreeEightMember2024-01-012024-06-300001771885fsd:StockOptionsMemberfsd:ExercisePriceTwoPointFourFiveMember2024-01-012024-06-300001771885fsd:StockOptionsMemberfsd:ExercisePriceOnePointFourEightMember2024-01-012024-06-300001771885fsd:StockOptionsMemberfsd:ExercisePriceOnePointFiveZeroMember2024-01-012024-06-300001771885fsd:StockOptionsMemberfsd:ExercisePriceOnePointSevenZeroMember2024-01-012024-06-300001771885fsd:StockOptionsMemberfsd:ExercisePriceOnePointThreeZeroMember2024-01-012024-06-300001771885fsd:StockOptionsMemberfsd:ExercisePriceThreePointEightSixMember2024-01-012024-06-300001771885fsd:StockOptionsMemberfsd:ExercisePriceTwoPointNineOneMember2024-01-012024-06-300001771885fsd:StockOptionsMemberfsd:ExercisePriceOnePointFourEightMember2024-06-300001771885fsd:StockOptionsMemberfsd:ExercisePriceThreePointEightSixMember2024-06-300001771885fsd:StockOptionsMemberfsd:ExercisePriceTwoPointNineOneMember2024-06-300001771885fsd:StockOptionsMemberfsd:ExercisePriceTwoPointFourFiveMember2024-06-300001771885fsd:StockOptionsMemberfsd:ExercisePriceTwoPoinFourOneMember2024-06-300001771885fsd:StockOptionsMemberfsd:ExercisePriceTwoPointThreeEightMember2024-06-300001771885fsd:StockOptionsMemberfsd:ExercisePriceOnePointFiveZeroMember2024-06-300001771885fsd:StockOptionsMemberfsd:ExercisePriceOnePointSevenZeroMember2024-06-300001771885fsd:StockOptionsMemberfsd:ExercisePriceOnePointThreeZeroMember2024-06-300001771885fsd:StockOptionsTopMember2024-01-012024-06-300001771885fsd:StockOptionsBottomMember2024-01-012024-06-300001771885fsd:StockOptionsTopMember2023-01-012023-06-300001771885fsd:StockOptionsTopMember2023-06-300001771885fsd:StockOptionsBottomMember2023-01-012023-06-300001771885fsd:StockOptionsTopMember2024-06-300001771885fsd:StockOptionsBottomMember2023-06-300001771885fsd:StockOptionsBottomMember2024-06-300001771885fsd:StockOptionsMember2023-06-300001771885fsd:StockOptionsMember2024-06-300001771885fsd:StockOptionsMember2023-01-012023-06-300001771885fsd:StockOptionsMember2024-01-012024-06-300001771885fsd:StockOptionsMember2022-12-310001771885fsd:StockOptionsMember2023-12-3100017718852024-01-012024-03-310001771885fsd:ClassBCommonStockMember2024-03-310001771885fsd:ClassBCommonStockMember2024-01-012024-03-310001771885fsd:ClassBCommonStockMember2024-02-290001771885fsd:ClassBCommonStockMember2024-02-012024-02-290001771885fsd:ClassBCommonStockMember2024-06-300001771885fsd:ClassBCommonStockMember2024-01-012024-06-300001771885fsd:ClassBCommonStockMember2023-01-012023-06-300001771885fsd:ClassACommonStockSharesMember2024-01-012024-06-300001771885fsd:WarrantsSeventeenMember2024-01-012024-06-300001771885fsd:WarrantsSixteenMember2024-01-012024-06-300001771885fsd:WarrantsElevenMember2024-01-012024-06-300001771885fsd:WarrantsTenMember2024-01-012024-06-300001771885fsd:WarrantsNineMember2024-01-012024-06-300001771885fsd:WarrantsEightMember2024-01-012024-06-300001771885fsd:WarrantsEightteenMember2024-01-012024-06-300001771885fsd:WarrantsFifteenMember2024-01-012024-06-300001771885fsd:WarrantsFourteenMember2024-01-012024-06-300001771885fsd:WarrantsThirteenMember2024-01-012024-06-300001771885fsd:WarrantsTwelveMember2024-01-012024-06-300001771885fsd:WarrantsSevenMember2024-01-012024-06-300001771885fsd:WarrantsSixMember2024-01-012024-06-300001771885fsd:WarrantsFiveMember2024-01-012024-06-300001771885fsd:WarrantsFourMember2024-01-012024-06-300001771885fsd:WarrantsThreeMember2024-01-012024-06-300001771885fsd:WarrantsTwoMember2024-01-012024-06-300001771885fsd:WarrantsOneMember2024-01-012024-06-300001771885fsd:WarrantsSeventeenMember2024-06-300001771885fsd:WarrantsSixteenMember2024-06-300001771885fsd:WarrantsElevenMember2024-06-300001771885fsd:WarrantsTenMember2024-06-300001771885fsd:WarrantsNineMember2024-06-300001771885fsd:WarrantsEightMember2024-06-300001771885fsd:WarrantsOneMember2024-06-300001771885fsd:WarrantsEightteenMember2024-06-300001771885fsd:WarrantsFifteenMember2024-06-300001771885fsd:WarrantsFourteenMember2024-06-300001771885fsd:WarrantsThirteenMember2024-06-300001771885fsd:WarrantsTwelveMember2024-06-300001771885fsd:WarrantsSevenMember2024-06-300001771885fsd:WarrantsSixMember2024-06-300001771885fsd:WarrantsFiveMember2024-06-300001771885fsd:WarrantsFourMember2024-06-300001771885fsd:WarrantsThreeMember2024-06-300001771885fsd:WarrantsTwoMember2024-06-300001771885fsd:TopOfTheRangeMember2023-01-012023-06-300001771885fsd:BottomOfTheRangeMember2023-01-012023-06-300001771885fsd:TopOfTheRangeMember2023-06-300001771885fsd:BottomOfTheRangeMember2023-06-300001771885fsd:RepresentsInformationOfWarrantMember2023-06-300001771885fsd:RepresentsInformationOfWarrantMember2024-06-300001771885fsd:ClassBCommonSharesMember2023-06-300001771885fsd:ClassBCommonSharesMember2024-06-300001771885fsd:ClassACommonSharesMember2023-06-300001771885fsd:ClassACommonSharesMember2024-06-300001771885fsd:ClassACommonSharesMember2023-01-012023-06-300001771885fsd:RepresentsInformationOfWarrantMember2023-01-012023-06-300001771885fsd:ClassBCommonSharesMember2023-01-012023-06-300001771885fsd:RepresentsInformationOfWarrantMember2024-01-012024-06-300001771885fsd:ClassACommonSharesMember2024-01-012024-06-300001771885fsd:ClassBCommonSharesMember2024-01-012024-06-300001771885fsd:RepresentsInformationOfWarrantMember2023-12-310001771885fsd:ClassBCommonSharesMember2023-12-310001771885fsd:ClassACommonSharesMember2022-12-310001771885fsd:RepresentsInformationOfWarrantMember2022-12-310001771885fsd:ClassBCommonSharesMember2022-12-310001771885fsd:ClassACommonSharesMember2023-12-310001771885fsd:RHCapitalFinanceCOLLCMember2024-01-012024-06-300001771885fsd:RHCapitalFinanceCOLLCMember2024-06-300001771885ifrs-full:WarrantyContingentLiabilityMember2020-08-310001771885ifrs-full:WarrantyContingentLiabilityMember2020-08-012020-08-310001771885ifrs-full:WarrantyContingentLiabilityMember2023-01-012023-12-310001771885ifrs-full:WarrantyContingentLiabilityMember2024-01-012024-06-300001771885fsd:LucidMember2023-01-012023-12-310001771885fsd:PrismicMember2023-01-012023-12-310001771885fsd:InnovetMember2023-01-012023-12-310001771885ifrs-full:AccumulatedDepreciationAndAmortisationMember2024-06-300001771885ifrs-full:AccumulatedDepreciationAndAmortisationMember2023-12-310001771885ifrs-full:AccumulatedDepreciationAndAmortisationMember2022-12-310001771885ifrs-full:AccumulatedDepreciationAndAmortisationMemberfsd:LucidMember2023-12-310001771885ifrs-full:AccumulatedDepreciationAndAmortisationMember2023-01-012023-12-310001771885fsd:LucidMember2023-01-012023-06-300001771885fsd:PrismicMember2023-01-012023-06-300001771885fsd:InnovetMember2023-01-012023-06-300001771885ifrs-full:AccumulatedDepreciationAndAmortisationMemberfsd:LucidMember2023-01-012023-12-310001771885ifrs-full:AccumulatedDepreciationAndAmortisationMemberfsd:LucidMember2022-12-310001771885ifrs-full:AccumulatedDepreciationAndAmortisationMemberfsd:PrismicMember2023-12-310001771885ifrs-full:AccumulatedDepreciationAndAmortisationMemberfsd:PrismicMember2023-01-012023-12-310001771885ifrs-full:AccumulatedDepreciationAndAmortisationMemberfsd:PrismicMember2022-12-310001771885ifrs-full:AccumulatedDepreciationAndAmortisationMemberfsd:InnovetMember2023-12-310001771885ifrs-full:AccumulatedDepreciationAndAmortisationMemberfsd:InnovetMember2023-01-012023-12-310001771885ifrs-full:AccumulatedDepreciationAndAmortisationMemberfsd:InnovetMember2022-12-310001771885fsd:CostMemberfsd:LucidMember2023-12-310001771885fsd:CostMemberfsd:LucidMember2022-12-310001771885fsd:CostsMemberfsd:InnovetMember2023-12-310001771885fsd:CostsMemberfsd:InnovetMember2023-01-012023-12-310001771885fsd:CostsMemberfsd:InnovetMember2022-12-310001771885fsd:CostMemberfsd:PrismicMember2023-12-310001771885fsd:CostMemberfsd:PrismicMember2023-01-012023-12-310001771885fsd:CostMemberfsd:PrismicMember2022-12-310001771885fsd:CostMember2023-12-310001771885fsd:CostMember2023-01-012023-12-310001771885fsd:CostMember2022-12-3100017718852023-01-012023-12-310001771885fsd:GuaranteedInvestmentCertificateMember2024-06-300001771885fsd:GuaranteedInvestmentCertificateOneMember2024-06-300001771885fsd:GuaranteedInvestmentCertificateOneMember2024-02-012024-02-1400017718852021-01-012021-12-310001771885fsd:CryptoCapIncMember2022-06-012022-06-230001771885fsd:CryptoCapIncMember2023-12-310001771885fsd:CryptoCapIncMember2024-06-300001771885fsd:CryptoCapIncMember2022-06-2300017718852022-06-230001771885fsd:GuaranteedInvestmentCertificateMember2023-08-012023-08-090001771885fsd:RoyalBankOfCanadaOneMemberfsd:GuaranteedInvestmentCertificateMemberOneMember2024-06-300001771885fsd:RoyalBankOfCanadaMemberfsd:GuaranteedInvestmentCertificateMemberMember2024-06-300001771885fsd:OrdinaryStockSharesMemberfsd:CryptoCapIncMember2024-06-300001771885fsd:SolarvestBioEnergyIncMemberfsd:ConvertibleDebentureMember2024-06-300001771885fsd:OrdinaryStockSharesMemberfsd:SolarvestBioEnergyIncMember2024-06-300001771885fsd:RoyalBankOfCanadaOneMemberfsd:GuaranteedInvestmentCertificateMemberOneMember2024-01-012024-06-300001771885fsd:RoyalBankOfCanadaMemberfsd:GuaranteedInvestmentCertificateMemberMember2024-01-012024-06-300001771885fsd:OrdinaryStockSharesMemberfsd:CryptoCapIncMember2024-01-012024-06-300001771885fsd:SolarvestBioEnergyIncMemberfsd:ConvertibleDebentureMember2024-01-012024-06-300001771885fsd:OrdinaryStockSharesMemberfsd:SolarvestBioEnergyIncMember2024-01-012024-06-300001771885fsd:RoyalBankOfCanadaOneMemberfsd:GuaranteedInvestmentCertificateMemberOneMember2023-12-310001771885fsd:RoyalBankOfCanadaMemberfsd:GuaranteedInvestmentCertificateMemberMember2023-12-310001771885fsd:OrdinaryStockSharesMemberfsd:CryptoCapIncMember2023-12-310001771885fsd:SolarvestBioEnergyIncMemberfsd:ConvertibleDebentureMember2023-12-310001771885fsd:OrdinaryStockSharesMemberfsd:SolarvestBioEnergyIncMember2023-12-3100017718852023-11-012023-11-3000017718852023-07-3100017718852023-07-012023-07-310001771885fsd:SubsidiariesFourMember2023-01-012023-12-310001771885fsd:SubsidiariesThreeMember2023-01-012023-12-310001771885fsd:LucidPsycheceuticalsIncMember2023-01-012023-12-310001771885fsd:SubsidiariesTwoMember2023-01-012023-12-310001771885fsd:SubsidiariesOneMember2023-01-012023-12-310001771885fsd:HUGEBiopharmaAustraliaPtyLtdMember2023-01-012023-12-310001771885ifrs-full:SubsidiariesMember2023-01-012023-12-310001771885fsd:SubsidiariesFiveMember2023-01-012023-12-310001771885fsd:SubsidiariesFiveMember2024-01-012024-06-300001771885fsd:SubsidiariesFourMember2024-01-012024-06-300001771885fsd:SubsidiariesThreeMember2024-01-012024-06-300001771885fsd:LucidPsycheceuticalsIncMember2024-01-012024-06-300001771885fsd:SubsidiariesTwoMember2024-01-012024-06-300001771885ifrs-full:SubsidiariesMember2024-01-012024-06-300001771885fsd:HUGEBiopharmaAustraliaPtyLtdMember2024-01-012024-06-300001771885fsd:SubsidiariesOneMember2024-01-012024-06-300001771885ifrs-full:RetainedEarningsMember2024-06-300001771885fsd:ForeignExchangeTranslationReserveMember2024-06-300001771885fsd:NoncontrollingInterestMember2024-06-300001771885fsd:ContributedSurplusMember2024-06-300001771885fsd:WarrantsStockShareMember2024-06-300001771885fsd:ClassBSharesMember2024-06-300001771885fsd:ClassASharesMember2024-06-300001771885fsd:WarrantsStockShareMember2024-01-012024-06-300001771885ifrs-full:RetainedEarningsMember2024-01-012024-06-300001771885fsd:ForeignExchangeTranslationReserveMember2024-01-012024-06-300001771885fsd:NoncontrollingInterestMember2024-01-012024-06-300001771885fsd:ContributedSurplusMember2024-01-012024-06-300001771885fsd:ClassASharesMember2024-01-012024-06-300001771885fsd:ClassBSharesMember2024-01-012024-06-300001771885ifrs-full:RetainedEarningsMember2023-12-310001771885fsd:ForeignExchangeTranslationReserveMember2023-12-310001771885fsd:NoncontrollingInterestMember2023-12-310001771885fsd:ContributedSurplusMember2023-12-310001771885fsd:WarrantsStockShareMember2023-12-310001771885fsd:ClassBSharesMember2023-12-310001771885fsd:ClassASharesMember2023-12-3100017718852023-06-300001771885ifrs-full:RetainedEarningsMember2023-06-300001771885fsd:ForeignExchangeTranslationReserveMember2023-06-300001771885fsd:NoncontrollingInterestMember2023-06-300001771885fsd:ContributedSurplusMember2023-06-300001771885fsd:WarrantsStockShareMember2023-06-300001771885fsd:ClassBSharesMember2023-06-300001771885fsd:ClassASharesMember2023-06-300001771885fsd:WarrantsStockShareMember2023-01-012023-06-300001771885ifrs-full:RetainedEarningsMember2023-01-012023-06-300001771885fsd:ForeignExchangeTranslationReserveMember2023-01-012023-06-300001771885fsd:NoncontrollingInterestMember2023-01-012023-06-300001771885fsd:ContributedSurplusMember2023-01-012023-06-300001771885fsd:ClassASharesMember2023-01-012023-06-300001771885fsd:ClassBSharesMember2023-01-012023-06-3000017718852022-12-310001771885ifrs-full:RetainedEarningsMember2022-12-310001771885fsd:ForeignExchangeTranslationReserveMember2022-12-310001771885fsd:NoncontrollingInterestMember2022-12-310001771885fsd:ContributedSurplusMember2022-12-310001771885fsd:WarrantsStockShareMember2022-12-310001771885fsd:ClassBSharesMember2022-12-310001771885fsd:ClassASharesMember2022-12-3100017718852023-01-012023-06-3000017718852023-04-012023-06-3000017718852024-04-012024-06-300001771885fsd:ClassBCommonStockSharesMember2024-06-300001771885fsd:ClassBCommonStockSharesMember2023-12-310001771885fsd:ClassACommonStockSharesMember2024-06-300001771885fsd:ClassACommonStockSharesMember2023-12-3100017718852024-06-3000017718852023-12-31iso4217:USDxbrli:sharesiso4217:USDxbrli:sharesxbrli:pureiso4217:CAD
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K/A
(Amendment No.1)
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of: August 2024
Commission File Number: 001-39152
Quantum Biopharma Ltd. |
(Translation of registrant's name into English) |
199 Bay St., Suite 4000
Toronto, Ontario M5L 1A9, Canada
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
INCORPORATION BY REFERENCE
This Report on Form 6-K/A and the exhibits attached hereto are incorporated by reference into the Registrant’s Registration Statement on Form F-3 (SEC File No. 333-276264), including any prospectuses forming a part of such Registration Statement and to be a part thereof from the date on which this report is furnished, to the extent not superseded by documents or reports subsequently filed or furnished.
Explanatory Note
On August 14, 2024, Quantum BioPharma Ltd. (“the “Company”) furnished a Form 6-K (“Original Form 6-K”) including its interim financial statements for the six months ended June 30, 2024. This Form 6-K/A is being furnished to provide its interim financial statements for the six months ended June 30, 2024 using interactive data files in inline eXtensible Business Reporting Language (iXBRL) in accordance with Rule 405 of Regulation S-T. The documents listed in the Exhibit List are incorporated by reference into this Form 6-K/A.
Other than as expressly set forth above, this Form 6-K/A, as does not, and does not purport to, amend, update or restate the information in any other item of the Original Form 6-K, or reflect any events that have occurred after the Original Form 6-K was originally filed.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Quantum Biopharma Ltd. (Registrant) | |
| | | |
Date: August 16, 2024 | By: | /s/ Nathan Coyle | |
| | Nathan Coyle, Chief Financial Officer | |
EXHIBIT INDEX