Arqit Quantum Director Manfredi Sells Warrants Worth $2,000+

Lefebvre d'Ovidio Manfredi, a director of Arqit Quantum Inc. (ARQQ), filed a Form 4 disclosing sales of Business Combination Warrants. On June 11, 2026, Manfredi sold 841 warrants at $1.50 each, generating approximately $1,261.50. The following day, June 12, 2026, he sold an additional 687 warrants at $1.20 each, generating about $824.40. These sales represent dispositions of derivative securities that, if exercised, would convert to ordinary shares. Following the transactions, Manfredi's remaining position totals 19,330.48 ordinary shares on a post-reverse stock split basis, equivalent to 483,262 Business Combination Warrants. The filing notes that as a foreign private issuer, Arqit Quantum's transactions are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act. The warrants have an exercise price of $11.50 and expire on September 3, 2026.