CEO Reports 38.3% Beneficial Ownership and 65% Voting Control Post-Merger, Subject to 2-Year Lock-Up

summarizeSummary

Joseph Francis Fitzsimons, CEO and Chairman of Horizon Quantum Holdings Ltd., reported a substantial 38.3% beneficial ownership and 65% controlling voting power following the recent business combination, with his shares subject to a two-year lock-up.

check_boxKey Events

• CEO's Significant Ownership

  Joseph Francis Fitzsimons, CEO and Chairman, reported beneficial ownership of 19,744,585 Class B Ordinary Shares, representing 38.3% of the company's outstanding shares.

• Controlling Voting Power

  Due to the Class B Ordinary Shares having three votes per share, Dr. Fitzsimons holds 65.0% of the total voting power of Horizon Quantum Holdings Ltd.

• Post-Business Combination Establishment

  This significant ownership stake was established on March 19, 2026, as a direct result of the company's business combination with Horizon Quantum Computing Pte. Ltd.

• Two-Year Lock-Up Agreement

  The Class B Ordinary Shares beneficially owned by Dr. Fitzsimons are subject to transfer restrictions for two years following the closing of the business combination.

auto_awesomeAnalysis

This Schedule 13D filing provides critical insight into the post-merger ownership and control structure of Horizon Quantum Holdings Ltd. Joseph Francis Fitzsimons, the CEO and Chairman, reported a substantial 38.3% beneficial ownership of the company's ordinary shares. Crucially, due to holding Class B shares with enhanced voting rights, Dr. Fitzsimons controls 65.0% of the total voting power, establishing a clear controlling stake in the company. This ownership was a direct result of the business combination completed on March 19, 2026. The inclusion of a two-year lock-up agreement on these shares signals a strong, long-term commitment from the CEO, which can be viewed positively by investors. This filing is essential for understanding the governance and influence dynamics within the newly combined entity.