An investigation for investors in Arqit Quantum Inc. (NASDAQ:ARQQ) shares over potential securities laws violations by Arqit Quantum Inc. was announced.

San Diego, CA -- (SBWire) -- 05/04/2022 --Arqit Quantum Inc. is under investigation over potential securities laws violations in connection with certain financial statements.

Investors who purchased shares of Arqit Quantum Inc. (NASDAQ: ARQQ), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Arqit Quantum Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

England based Arqit Quantum Inc. provides cybersecurity services through satellite and terrestrial platforms in the United Kingdom.

On April 18, 2022, an article was published titled "British Encryption Startup Arqit Overstates Its Prospects, Former Staff and Others Say." Therein, the article reported that individuals familiar with the matter claimed that Arqit Quantum Inc's encryption technology "might never apply beyond niche uses," and that, at the time of the Company's initial public offering, Arqit had "little more than an early-stage prototype of its encryption system."

Shares of Arqit Quantum Inc. (NASDAQ: ARQQ) declined from $15.39 per share on April 13, 2022, to as low as $7.38 per share.

Those who purchased shares of Arqit Quantum Inc. (NASDAQ: ARQQ) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.