Bragar Eagel & Squire, PC, a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Arqit Quantum, Inc. (“Arqit” or the “Company”) (NASDAQ:ARQQ) in the United States District Court for the Eastern District of New York on behalf of all persons and entities who purchased or otherwise acquired Arqit securities between September 7, 2021 and April 18, 2022, both dates inclusive (the “Class Period”). Investors have until July 5, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
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Arqit is a cybersecurity company that purports to be developing quantum encryption technology to secure against cyber-attacks.
The Company, headquartered in London, England, went public in September 2021 when it merged with Centricus Acquisition Corp. (NASDAQ:CENHCENHW, CENHU)), a special purpose acquisition company, or SPAC.
On April 18, 2022, an article in The Wall Street Journal entitled “British Encryption Startup Arqit Overstates Its Prospects Former Staff and Others Say” raised significant…