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Form 8-K

sec.gov

8-K — QUANTUM X LABS INC.

Accession: 0001493152-26-023849

Filed: 2026-05-15

Period: 2026-05-14

CIK: 0000797542

SIC: 7372 (SERVICES-PREPACKAGED SOFTWARE)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Financial Statements and Exhibits

Documents

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date

of report (date of earliest event reported): May 14, 2026

QUANTUM

X LABS INC.

(Exact

Name of Registrant as Specified in its Charter)

Commission

File No.: 001-42681

Delaware

68-0080601

(State

of Incorporation)

(I.R.S.

Employer Identification No.)

2

Jabotinsky St, Atrium Tower, 18th floor

Ramat

Gan, Israel 5252903

6971068

(Address

of Registrant’s Office)

(ZIP

Code)

Registrant’s

Telephone Number, including area code: +972 9-774-1505

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions (see General Instruction A.2. below):

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Common

Stock, par value $0.0001 per share

QXL

The

Nasdaq Capital Market

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging

growth company ☐

If

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of

Certain Officers.

On

May 14, 2026, Quantum X Labs Inc. (the “Company”) appointed Mr. Yakov Baranes as the co-Chief Executive Officer of the Company,

effective as of May 18, 2026, joining Mr. Amihay Hadad, who has served as the Company’s Chief Executive Officer since February

2020 and will continue with Mr. Baranes as co-Chief Executive Officer.

Yakov

Baranes is a business strategy expert with a demonstrated 11 year history of working with various industries and government entities.

Since March 2025, Mr. Baranes has led the initial activities of Quantum X Labs Ltd. (“Quantum Israel”), the Company’s

wholly owned subsidiary, that was acquired by the Company in March 2026, that aims to position the Company as a leading company to research,

develop, and potentially commercialize innovative quantum solutions across key sectors, including navigation, precision timing, quantum

algorithms, quantum error correction, drug discovery, biomedicine, nuclear simulation, transportation, and quantum cyber security.

Mr. Baranes has also served as a member of the board of directors of Charging Robotics Inc. (OTC: CHEV) since April 2023 and previously

served as its chief executive officer from September 2025 to April 2026. Mr. Baranes is skilled in business strategy planning

and implementations on a corporate level and business unit level and has also worked with start-up companies in shaping their business

plans and supporting their capital raising rounds. Mr. Baranes holds a Bachelor of Arts (B.A.) in Economics from the Technion - Israel

Institute of Technology and a MBA from IDC, Herzliya.

In

connection with the appointment of Mr. Baranes, the Company will enter into an agreement with Mr. Baranes (the “Baranes Agreement”)

pursuant to which Mr. Baranes will serve as the Company’s co-Chief Executive Officer. Pursuant to the terms of the Baranes Agreement,

Mr. Baranes will receive NIS 36,000 + VAT per month as his base salary to serve as the Company’s co-Chief Executive Officer, plus

NIS 24,000 + VAT that Mr. Baranes currently receives through services that he provides to Quantum Israel. Mr. Baranes shall be eligible

to receive such bonus as determined by the Company’s board of directors. The terms of the Baranes Agreement shall be effective

as of June 1, 2026, and shall continue until such time either party provides written notice to the other party at least 60 days in advance

of the termination of such agreement. The Company may also terminate Mr. Baranes’ service to the Company without prior written

notice for cause.

There

is no arrangement or understanding between Mr. Baranes and any other persons pursuant to which Mr. Baranes was appointed as co-Chief

Executive Officer. In addition, other than securities received in connection with the Company’s acquisition of Quantum Israel,

Mr. Baranes is not a party to any transaction, or series of transactions, required to be disclosed pursuant to Item 404(a) of Regulation

S-K. Mr. Baranes was a shareholder of Quantum Israel and held 32,647 shares (approximately 5.54%) of Quantum Israel prior to the Company’s

acquisition of Quantum Israel. In connection with the Company’s acquisition of Quantum Israel, Mr. Baranes received 103,373 shares

of common stock and pre-funded warrants to purchase 246,387 shares of the Company common stock. Mr. Baranes may receive up to an additional

703,710 shares of common stock or pre-funded warrants upon the achievement of certain milestones.

Item

9.01 Financial Statements and Exhibits.

(d)

Exhibits

Exhibit

No.

Description

104

Cover

Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its

behalf by the undersigned hereunto duly authorized.

Quantum

X Labs Inc.

By:

/s/

Amihay Hadad

Name:

Amihay

Hadad

Title:

Chief

Executive Officer

Date:

May 15, 2026

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May 14, 2026

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Entity File Number

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Entity Registrant Name

QUANTUM

X LABS INC.

Entity Central Index Key

0000797542

Entity Tax Identification Number

68-0080601

Entity Incorporation, State or Country Code

DE

Entity Address, Address Line One

2

Jabotinsky St, Atrium Tower

Entity Address, Address Line Two

18th floor

Entity Address, City or Town

Ramat

Gan

Entity Address, Country

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Entity Address, Postal Zip Code

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City Area Code

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Local Phone Number

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