Two Hands Corporation Completes Delisting from Canadian Exchange and Transitions to Quantum Focus
Transition of Two Hands Corporation Towards Quantum Technology
Two Hands Corporation has officially confirmed the successful completion of its voluntary delisting from the Canadian Securities Exchange (CSE). This notable step took effect following the close of trading on July 7, 2026. In addition to this significant decision, the company has unveiled plans for a potential name change to "Quantum X Corporation," marking a pivotal shift in its strategic direction towards quantum technology and AI-enabled opportunities.
Voluntary Delisting from CSE
The voluntary delisting from the CSE does not stem from any compliance or regulatory issues. Rather, it is the result of a careful evaluation by the company’s management regarding the costs and logistics associated with maintaining dual listings. The Board has decisively opted to focus on the OTC Markets in the United States, where the company’s shares continue to be quoted under the symbol "TWOH." While the delisting simplifies operations, the company remains committed to meeting its reporting obligations under the Securities Exchange Act of 1934.
The Board of Directors expressed gratitude to shareholders for their continued support during this transition. Importantly, no actions are required from shareholders regarding the new trading settings following the delisting. Those looking for specific account guidance are encouraged to communicate directly with their brokers.
Name Change Update
As the company evolves in its strategic focus, it has submitted a proposal to change its corporate name to "Quantum X Corporation" in Delaware. With verbal confirmation regarding the name change from the State of Delaware, Two Hands awaits the final approved documents to proceed with the necessary regulatory filings.
Once approved, this name change signifies the company's commitment to quantum technology—a core area of emerging opportunities. However, it's important to note that such a change will not immediately alter the trading symbol on the markets. Upon receipt of the finalized documents from Delaware, Two Hands Corporation plans to engage with the Financial Industry Regulatory Authority (FINRA) to request an updated trading symbol reflective of its new identity.
Focusing on Quantum Technology
The completion of the delisting alongside the proposed name change is all part of Two Hands Corporation's broader strategy to pivot towards quantum technology. Management is exploring opportunities across multiple verticals of quantum computing and the development of AI-enabled applications. This strategic transition is anticipated to shape the company's growth trajectory moving forward.
Emil Assentato, CEO of Two Hands Corporation, expressed excitement about these developments, emphasizing that the name change aligns with the company's strategic direction. This focus on quantum technology will enable them to tap into burgeoning sectors and applications emerging from the technology's ecosystem.
Summary
In summary, the delisting from the CSE and the prospective renaming to Quantum X Corporation underscores Two Hands Corporation's commitment to refocusing its identity around quantum technology opportunities. This strategic move aims to align the company more closely with its evolving business landscape while continuing to provide transparency and support to its shareholders throughout this transition. The future looks promising as the firm embarks on this significant evolution, focusing on innovative and cutting-edge technological markets.
For Two Hands Corporation, the trajectory ahead is poised for exploration and opportunity within the fascinating realm of quantum technology and artificial intelligence applications.