|
Cayman Islands
(State or other jurisdiction of
incorporation or organization) |
| |
Not applicable
(I.R.S. Employer
Identification Number) |
|
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Page
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| | | | II-1 | | |
| | |
Fair Market Value of the Ordinary Shares
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||
Redemption Date (period to expiration of warrants)
|
| |
≤ $10.00
|
| |
11.00
|
| |
12.00
|
| |
13.00
|
| |
14.00
|
| |
15.00
|
| |
16.00
|
| |
17.00
|
| |
≥ 18.00
|
| |||||||||||||||||||||||||||
60 months
|
| | | | 0.261 | | | | | | 0.281 | | | | | | 0.297 | | | | | | 0.311 | | | | | | 0.324 | | | | | | 0.337 | | | | | | 0.348 | | | | | | 0.358 | | | | | | 0.361 | | |
57 months
|
| | | | 0.257 | | | | | | 0.277 | | | | | | 0.294 | | | | | | 0.310 | | | | | | 0.324 | | | | | | 0.337 | | | | | | 0.348 | | | | | | 0.358 | | | | | | 0.361 | | |
54 months
|
| | | | 0.252 | | | | | | 0.272 | | | | | | 0.291 | | | | | | 0.307 | | | | | | 0.322 | | | | | | 0.335 | | | | | | 0.347 | | | | | | 0.357 | | | | | | 0.361 | | |
51 months
|
| | | | 0.246 | | | | | | 0.268 | | | | | | 0.287 | | | | | | 0.304 | | | | | | 0.320 | | | | | | 0.333 | | | | | | 0.346 | | | | | | 0.357 | | | | | | 0.361 | | |
48 months
|
| | | | 0.241 | | | | | | 0.263 | | | | | | 0.283 | | | | | | 0.301 | | | | | | 0.317 | | | | | | 0.332 | | | | | | 0.344 | | | | | | 0.356 | | | | | | 0.361 | | |
45 months
|
| | | | 0.235 | | | | | | 0.258 | | | | | | 0.279 | | | | | | 0.298 | | | | | | 0.315 | | | | | | 0.330 | | | | | | 0.343 | | | | | | 0.356 | | | | | | 0.361 | | |
42 months
|
| | | | 0.228 | | | | | | 0.252 | | | | | | 0.274 | | | | | | 0.294 | | | | | | 0.312 | | | | | | 0.328 | | | | | | 0.342 | | | | | | 0.355 | | | | | | 0.361 | | |
39 months
|
| | | | 0.221 | | | | | | 0.246 | | | | | | 0.269 | | | | | | 0.290 | | | | | | 0.309 | | | | | | 0.325 | | | | | | 0.340 | | | | | | 0.354 | | | | | | 0.361 | | |
36 months
|
| | | | 0.213 | | | | | | 0.239 | | | | | | 0.263 | | | | | | 0.285 | | | | | | 0.305 | | | | | | 0.323 | | | | | | 0.339 | | | | | | 0.353 | | | | | | 0.361 | | |
33 months
|
| | | | 0.205 | | | | | | 0.232 | | | | | | 0.257 | | | | | | 0.280 | | | | | | 0.301 | | | | | | 0.320 | | | | | | 0.337 | | | | | | 0.352 | | | | | | 0.361 | | |
30 months
|
| | | | 0.196 | | | | | | 0.224 | | | | | | 0.250 | | | | | | 0.274 | | | | | | 0.297 | | | | | | 0.316 | | | | | | 0.335 | | | | | | 0.351 | | | | | | 0.361 | | |
27 months
|
| | | | 0.185 | | | | | | 0.214 | | | | | | 0.242 | | | | | | 0.268 | | | | | | 0.291 | | | | | | 0.313 | | | | | | 0.332 | | | | | | 0.350 | | | | | | 0.361 | | |
24 months
|
| | | | 0.173 | | | | | | 0.204 | | | | | | 0.233 | | | | | | 0.260 | | | | | | 0.285 | | | | | | 0.308 | | | | | | 0.329 | | | | | | 0.348 | | | | | | 0.361 | | |
21 months
|
| | | | 0.161 | | | | | | 0.193 | | | | | | 0.223 | | | | | | 0.252 | | | | | | 0.279 | | | | | | 0.304 | | | | | | 0.326 | | | | | | 0.347 | | | | | | 0.361 | | |
18 months
|
| | | | 0.146 | | | | | | 0.179 | | | | | | 0.211 | | | | | | 0.242 | | | | | | 0.271 | | | | | | 0.298 | | | | | | 0.322 | | | | | | 0.345 | | | | | | 0.361 | | |
15 months
|
| | | | 0.130 | | | | | | 0.164 | | | | | | 0.197 | | | | | | 0.230 | | | | | | 0.262 | | | | | | 0.291 | | | | | | 0.317 | | | | | | 0.342 | | | | | | 0.361 | | |
12 months
|
| | | | 0.111 | | | | | | 0.146 | | | | | | 0.181 | | | | | | 0.216 | | | | | | 0.250 | | | | | | 0.282 | | | | | | 0.312 | | | | | | 0.339 | | | | | | 0.361 | | |
9 months
|
| | | | 0.090 | | | | | | 0.125 | | | | | | 0.162 | | | | | | 0.199 | | | | | | 0.237 | | | | | | 0.272 | | | | | | 0.305 | | | | | | 0.336 | | | | | | 0.361 | | |
| | |
Fair Market Value of the Ordinary Shares
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||
Redemption Date (period to expiration of warrants)
|
| |
≤ $10.00
|
| |
11.00
|
| |
12.00
|
| |
13.00
|
| |
14.00
|
| |
15.00
|
| |
16.00
|
| |
17.00
|
| |
≥ 18.00
|
| |||||||||||||||||||||||||||
6 months
|
| | | | 0.065 | | | | | | 0.099 | | | | | | 0.137 | | | | | | 0.178 | | | | | | 0.219 | | | | | | 0.259 | | | | | | 0.296 | | | | | | 0.331 | | | | | | 0.361 | | |
3 months
|
| | | | 0.034 | | | | | | 0.065 | | | | | | 0.104 | | | | | | 0.150 | | | | | | 0.197 | | | | | | 0.243 | | | | | | 0.286 | | | | | | 0.326 | | | | | | 0.361 | | |
0 months
|
| | | | — | | | | | | — | | | | | | 0.042 | | | | | | 0.115 | | | | | | 0.179 | | | | | | 0.233 | | | | | | 0.281 | | | | | | 0.323 | | | | | | 0.361 | | |
| | |
Ordinary Shares
|
| |
Warrants
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | |
Beneficially
Owned Prior to Offering |
| |
Number
Registered for Sale Hereby |
| |
Beneficially
Owned After Offering |
| |
Beneficially
Owned Prior to Offering |
| |
Number
Registered for Sale Hereby |
| |
Beneficially
Owned After Offering |
| ||||||||||||||||||||||||||||||||||||||||||
Name
|
| |
Number
|
| |
Percent
|
| |
Number
|
| |
Percent
|
| |
Number
|
| |
Percent
|
| |
Number
|
| |
Percent
|
| ||||||||||||||||||||||||||||||||||||
Adam Hall(1)(22)
|
| | | | 201,632 | | | | | | * | | | | | | 201,632 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Andrew Yeomans(2)(22)
|
| | | | 251,192 | | | | | | * | | | | | | 251,192 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Adam M. Aron(3)
|
| | | | 20,000 | | | | | | * | | | | | | 20,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Carlo Calabria(4)
|
| | | | 2,436,337 | | | | | | 1.8% | | | | | | 2,433,837 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Centricus Partners LP(5)
|
| | | | 3,316,300 | | | | | | 2.5% | | | | | | 3,316,300 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Cristina Levis(6)
|
| | | | 123,105 | | | | | | * | | | | | | 123,105 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
D2BW Limited(7)
|
| | | | 30,304,808 | | | | | | 22.4% | | | | | | 30,304,808 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
David Bestwick(8)(22)
|
| | | | 38,392,744 | | | | | | 28.4% | | | | | | 8,082,934 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
David Williams(8)(22)
|
| | | | 45,148,582 | | | | | | 33.4% | | | | | | 14,834,997 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Garth Ritchie(9)
|
| | | | 150,605 | | | | | | * | | | | | | 148,105 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Geoffrey Taylor(10)
|
| | | | 1,106,653 | | | | | | * | | | | | | 1,106,653 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Giulia Nobili(11)
|
| | | | 149,990 | | | | | | * | | | | | | 149,990 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Heritage Assets SCSP(12)
|
| | | | 17,922,216 | | | | | | 13.3% | | | | | | 11,653,049 | | | | | | — | | | | | | — | | | | | | 6,266,667 | | | | | | 48.1% | | | | | | 6,266,667 | | | | | | — | | | | | | — | | |
Jack Blockley(13)
|
| | | | 2,035,140 | | | | | | 1.5% | | | | | | 2,035,140 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Lee Boland(14)(22)
|
| | | | 757,948 | | | | | | * | | | | | | 753,578 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Nicholas Taylor(15)
|
| | | | 16,440 | | | | | | * | | | | | | 16,440 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Ropemaker Nominees
Limited(16) |
| | | | 16,192,494 | | | | | | 12.0% | | | | | | 16,192,494 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Seraphim Space Investment Trust plc(17)
|
| | | | 2,698,740 | | | | | | 2.0% | | | | | | 2,698,740 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
The Evolution Technology Fund II
SCSp(18) |
| | | | 9,931,461 | | | | | | 7.3% | | | | | | 9,931,461 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Trevor Barker(19)
|
| | | | 4,270,279 | | | | | | 3.2% | | | | | | 4,270,279 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
UK FF Nominees Limited(20)
|
| | | | 4,151,665 | | | | | | 3.1% | | | | | | 4,151,665 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Virgin Orbit, LLC(21)
|
| | | | 500,000 | | | | | | * | | | | | | 500,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| | |
U.S. Dollar
|
| |||
SEC Registration Fee*
|
| | | $ | 249,208.04 | | |
Legal Fees and Expenses
|
| | | | 112,000 | | |
Accounting Fees and Expenses
|
| | | | 25,000 | | |
Printing Expenses
|
| | | | 50,000 | | |
Miscellaneous Expenses
|
| | | | 10,000 | | |
Total
|
| | | $ | 446,208.04 | | |
|
NAME
|
| |
POSITION
|
|
|
/s/ David Williams
David Williams
|
| | Director and Chief Executive Officer | |
|
*
Nick Pointon
|
| | Director and Chief Financial Officer | |
|
*
Carlo Calabria
|
| | Director | |
|
*
Stephen Chandler
|
| | Director | |
|
*
Manfredi Lefebvre d’Ovidio
|
| | Director | |
|
*
VeraLinn Jamieson
|
| | Director | |
|
*
Garth Ritchie
|
| | Director | |
|
*
Stephen Wilson
|
| | Director | |
|
*
/s/ David Williams
David Williams
Attorney-In-Fact |
| | | |
Exhibit 23.1
Consent of Independent Registered Public Accounting Firm
We hereby consent to the incorporation by reference in this Registration Statement on Form F-3 of Arqit Quantum Inc. of our report dated December 16, 2021 relating to the financial statements which appears in the Arqit Quantum Inc. Annual Report on Form 20-F for the year ended September 30, 2021. We also consent to the reference to us under the heading “Experts” in such Registration Statement.
/s/ PKF Littlejohn LLP | |
PKF Littlejohn LLP | |
London, United Kingdom | |
November 09, 2022 |
Exhibit 107
Calculation of Filing Fee Table
Form F-3
(Form Type)
Arqit Quantum Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities
Security Type |
Security Class Title(1) | Fee Calculation Rule |
Amount Registered(2) |
Proposed Maximum Offering Price Per Share(3) |
Maximum Aggregate Offering Price |
Fee Rate(4) | Amount of Registration Fee |
|||||||||||||||||
Equity | Ordinary shares, par value $0.0001 per share | Other(3) | 117,925,000 | (5) | $ | 20.24 | $ | 2,386,908,132.50 | $ | 92.70 per $1,000,000 | $ | 221,266.38 | ||||||||||||
Other | Warrants to purchase ordinary shares | Other(6) | 6,266,667 | (7) | — | — | — | — | ||||||||||||||||
Equity | Ordinary shares, par value $0.0001 per share, underlying the warrants | Other(3) | 14,891,640 | (8) | 20.24 | 301,420,196.08 | 92.70 per $1,000,000 | 27,941.65 | ||||||||||||||||
Total Offering Amounts | $ | 2,688,328,328.58 | $ | 92.70 per $1,000,000 | $ | 249,208.04 | ||||||||||||||||||
Total Fee Offsets(9) | N/A | |||||||||||||||||||||||
Net Fee Due(10) | $ | 249,208.04 |
(1) | The securities are being registered solely in connection with the resale of ordinary shares and warrants by the selling securityholders named in the registration statement. |
(2) | Pursuant to Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), the Registrant is also registering an indeterminate number of additional securities that may become issuable as a result of any stock dividend, stock split, recapitalization or other similar transaction. |
(3) | Estimated solely for the purpose of calculating the registration fee in accordance with Rule 457(c) and Rule 457(g) under the Securities Act, based on the average of the high and low prices of the Registrant’s ordinary shares on September 28, 2021, as reported on The Nasdaq Capital Market, which was approximately $20.24 per share. |
(4) | Fee Rate calculated as of the date of the F-1 filing related to this offering. |
(5) | 117,925,000 ordinary shares registered for sale by the selling securityholders named in this registration statement. |
(6) | No separate fee due in accordance with Rule 457(i). | |
(7) | Represents the resale of 6,266,667 private warrants. |
(8) | 14,891,640 ordinary shares issuable upon the exercise of the private placement warrants and public warrants, based on the number of public warrants outstanding on as of September 3, 2021. | |
(9) | The Registrant does not have any fee offsets to claim. | |
(10) | Previously paid. |