HONG KONG, Feb. 23, 2026 /PRNewswire/ -- Viewbix Inc. (NASDAQ: VBIX), an advanced technologies company, in mid-December 2025, signed a definitive agreement to acquire 85–100% of Israel's Quantum X Labs.

Recent milestones that have been achieved include:

• Majority stockholder written consent secured January 5, 2026.
• Definitive Schedule 14C filed with the SEC January 15, 2026.
• Private placement financing amended early January (800k units at ~$1.75, ~$1.4M gross + up to $1.68M warrant kicker).

Completion of the acquisition and the private placement is expected to occur within 90 calendar days of the date of the definitive agreement, which remains subject to final due diligence, regulatory approvals and customary closing conditions..

But the real fuel is what's happening inside Quantum X Labs' portfolio companies:

• Quantum Gyro: Developing quantum gyroscope technology that is reliable for GPS-denied environments, essential for defense, autonomous vehicles, and remote operations.
• Quantum Transportation: Addressing scalability issues in quantum computing with patented solution (QECC) that reduce quantum computational noises. The Company already started working with Rail Vision Ltd. (Nasdaq: RVSN), which acquired 51% of Quantum Transportation in January 2026, on harnessing quantum computing and reducing errors in big data analysis and major transportation platforms.
• Cliniquantum: Focused on clinical and biomedical research, including a recent provisional patent for quantum-enhanced Markov Chain Monte Carlo methods that could revolutionize drug discovery by uncovering hidden biological structures in trial data.
• Quantum Aton Accuracy: Leveraging quantum principles for unprecedented precision in timing and synchronization applications.
• QuantumQ Security: Protecting data, communications, and critical infrastructure against emerging threats.
• Nuclear Quantum- Working on the development of breakthrough applications where quantum computing eliminates the fundamentals bottlenecks in reactor simulation, safety verification and materials science.

Quantum X Labs offers exposure to quantum's biggest near-term TAMs: navigation, precision timing, security, error correction, nuclear simulation. Israel's elite university ecosystem (Hebrew U, TAU, Technion, Weizmann) supplies the talent edge, and the Denmark quantum conference showcase last fall already introduced them to the market.

Founded on the vision that quantum progress thrives through interdisciplinary convergence, Quantum X Labs has built a unique ecosystem uniting top-tier talent and cutting-edge research. Drawing from Israel's renowned academic powerhouses- including the Hebrew University of Jerusalem, Tel Aviv University, the Technion, and the Weizmann Institute- Quantum X Labs employs a multidisciplinary team of scientists, engineers, and researchers. This blend of theoretical expertise and practical engineering has enabled rapid translation of ideas into deployable technologies, positioning Quantum X Labs as a player in Israel's quantum sector.

Viewbix recently signed a definitive agreement to acquire up to 100% (and not less than 85%) of Quantum X Labs (the "Acquisition"), encompassing its expanding patent portfolio, including prior IP in quantum error correction. The acquisition is expected to close within 90 days of the date of execution of the definitive agreement, which was December 15, 2025, subject to final due diligence, regulatory approvals, and customary closing conditions. On January 5, 2026, Viewbix announced that it had received the requisite stockholder approval via written consent of the majority of its stockholders (the "Stockholder Consent") and on January 15, 2026, Viewbix filed a definitive information statement on Schedule 14C with the Securities and Exchange Commission. Pursuant to Delaware Law, the actions to be taken pursuant to the Stockholder Consent shall be effective on the 20th day after the definitive information statement on Schedule 14C is mailed or furnished to Viewbix's stockholders.

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This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of Viewbix. Investing in Viewbix's securities involves significant risks, and readers are encouraged to review Viewbix's filings with the U.S. Securities and Exchange Commission available at www.sec.gov before making any investment decision.

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Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, forward-looking statements in this press release include the timing and completion of the acquisition and the private placement, the receipt of regulatory approvals, the satisfaction of closing conditions related to the acquisition and positioning Quantum X Labs as a player in Israel's quantum sector. Because such statements deal with future events and are based on Viewbix's current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements could differ materially from those described in or implied by the statements in this press release.

The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed in any filings with the SEC. Except as otherwise required by law, Viewbix undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Viewbix is not responsible for the contents of third-party websites.

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