Calgary, Alberta-- October 21, 2025 - SuperQ Quantum Computing Inc. QBTQ ("SuperQ Quantum", "SuperQ", or the "Company"), is pleased to announce that it has closed its previously announced  commercially reasonable efforts offering, through Hampton Securities  Limited ("Hampton"), pursuant to which the Company issued a total of 3,285,713 units (each, a "Unit") at a price of $1.05 per Unit (the "Issue Price") for aggregate gross proceeds of $3,450,000 including exercise in full of the over-allotment option (the "Offering").

Each Unit consists of one common share (each, a "Share") in the capital of the Company and one Share purchase warrant (each, a "Warrant").  Each Warrant entitles the holder thereof to acquire one additional  Share at a price of $1.40 per Share for a period of thirty-six months  from the closing of the Offering.

The  Offering was led by Hampton who received a cash commission equal to 7%  of the gross proceeds of the Offering and was issued non-transferable  broker warrants (each, a "Broker Warrant")  equal to 7% of the number of Units issued pursuant to the Offering.  Each Broker Warrant is exercisable to acquire one Share at the Issue  Price for a period of thirty-six months from the closing of the  Offering.

The Company intends to use the net  proceeds from the Offering to obtain resources for quantum hardware  development, including human resources, lab facilities, software and  equipment, conduct research and product development and for the general  working capital needs of the Company.

The Units were sold pursuant to Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935 – Exemptions  from Certain Conditions of the Listed Issuer Financing Exemption, and  are not subject to a hold period pursuant to applicable Canadian  securities laws. The Broker Warrants are subject to a hold period of  four months and one day from the closing of the Offering.