NASDAQ: ARQQ, ARQQW, CENH, CENHU, CENHW

Arqit Quantum, Inc. f/k/a Centricus Acquisition Corp.

Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Arqit Quantum Inc. f/k/a Centricus Acquisition Corp.  (NASDAQ: ARQQ, ARQQW, CENH, CENHU, CENHW): (i) between September 7, 2021 and April 18, 2022, both dates inclusive (the “Class Period”); and/or (ii) all holders of Centricus securities as of the record date for the special meeting of shareholders held on August 31, 2021 to consider approval of the merger between Arqit and Centricus (the “Merger”) and entitled to vote on the Merger. The lawsuit seeks to recover damages for Arqit investors under the federal securities laws. If you wish to serve as lead plaintiff, you must move the Court no later than July 5, 2022.

If you purchased Arqit securities and would like to join the action, please click “Join This Class Action.”

Class Period:September 7, 2021 through April 18, 2022 and/or all holders of Centricus securities as of the record date for the special meeting of shareholders held on August 31, 2021 to consider approval of the merger between Arqit and Centricus

Deadline:

1 Days
If you purchased Arqit securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, defendants throughout the Class Period and in the Proxy Statement issued in connection to the Merger made false and/or misleading statements and/or failed to disclose:

    • Arqit’s proposed encryption technology would require widespread adoption of new protocols and standards of for telecommunications;
    • British cybersecurity officials questioned the viability of Arqit’s proposed encryption technology in a meeting in 2020;
    • the British government was not an Arqit customer but, rather, providing grants to Arqit;
    • Arqit had little more than an early-stage prototype of its encryption system at the time of the Merger; and
    • as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Company Name: Arqit Quantum Inc.
Stock Symbol: ARQQ
Class Period: September 7, 2021 through April 18, 2022 and/or all holders of Centricus securities as of the record date for the special meeting of shareholders held on August 31, 2021 to consider approval of the merger between Arqit and Centricus
Court: United States District Court for the Eastern District of New York

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

Institutional Shareholders Services ranked the Rosen Law Firm # 1 for the number of securities class action recoveries in 2017.

The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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