SCHEDULE: Notion Capital III LP Discloses 10% Stake in Arqit Quantum

Notion Capital III LP has reported beneficial ownership of 1,812,206 ordinary shares, representing 10.0% of Arqit Quantum Inc., following warrant exercises and a share sale.

Summary

• Notion Capital III LP now beneficially owns 1,812,206 ordinary shares of Arqit Quantum Inc., constituting 10.0% of the class.
• This ownership includes shares acquired through the exercise of 600,000 September 2024 Warrants on June 26, 2026.
• The filing also notes the potential acquisition of an additional 76,381 ordinary shares via Registered Direct Warrants.
• On June 24, 2026, Notion Capital III LP sold 58,263 ordinary shares.
• The calculation of the percentage of class is based on 17,402,411 ordinary shares outstanding as of May 19, 2026, plus shares from warrant exercises.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, primarily due to the reporting of a significant ownership stake and warrant exercise, indicating continued investor confidence, though it lacks forward-looking financial guidance.

Positives

• Notion Capital III LP has increased its effective ownership by exercising 600,000 September 2024 Warrants, demonstrating continued commitment.
• The reporting of a 10.0% stake indicates a significant investment and potential influence.
• The filing details the exercise of warrants at a $2.50 price per share, suggesting a favorable entry point for these shares.

Negatives

• Notion Capital III LP sold 58,263 ordinary shares on June 24, 2026, which could be interpreted as a partial divestment.
• The filing does not provide any forward-looking financial guidance or performance metrics for Arqit Quantum Inc.

Risks

• The exercise price for the Registered Direct Warrants is $19.50 per share, which is significantly higher than the exercise price of the September 2024 Warrants.
• The percentage of ownership is calculated based on a specific number of outstanding shares and potential shares from warrants, which could fluctuate.

Future Outlook

The filing does not contain any forward-looking statements or guidance from Arqit Quantum Inc. It primarily reports on the ownership stake and warrant activity of Notion Capital III LP.

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by Notion Capital III LP indicates a significant ownership position in Arqit Quantum Inc., a company operating in the quantum technology and cybersecurity space. Such filings are common for institutional investors increasing or reporting substantial stakes, reflecting active portfolio management within the technology sector.

Stakeholder Impact

• Shareholders may view the increased stake and warrant exercise by Notion Capital III LP as a positive signal of investor confidence, potentially supporting share price.
• The sale of shares by Notion Capital III LP could be interpreted by some stakeholders as a sign of reduced conviction or a need for liquidity, potentially creating downward pressure on the share price.

Next Steps

• Continued monitoring of Notion Capital III LP's ownership stake in Arqit Quantum Inc.
• Observation of any further disclosures or strategic actions by Notion Capital III LP regarding Arqit Quantum Inc.

Key Dates

Recommendation

The filing indicates a significant ownership stake and active management of warrants by Notion Capital III LP, reaching a 10.0% threshold. While the exercise of warrants is positive, the sale of shares introduces some ambiguity. Without further financial performance data or strategic updates from Arqit Quantum Inc. itself, a 'hold' recommendation is prudent, reflecting the mixed signals and lack of comprehensive forward-looking information.

Keywords

Arqit Quantum Inc., Notion Capital III LP, Schedule 13G, Ordinary Shares, Warrants, Beneficial Ownership, Shareholder