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million - and is now listed on the AmericanStock Exchange. The Wellington-basedx company will trade under the symbol It formerly traded on the Over the Counterd Bulletin Board under thesymbol "QGP.U." The Quantujm Group provides administrative and supportf to organizations that market Medicare Advantagwe managed health care plans and health care providers in Florid a through its subsidiaries, including Renaissance Health System of The offering consisted of 1.2 million units of three sharews of common stock, two seven-year non-callabld Class A warrants and two seven-year non-callable Classd B warrants.
Quantum plans to use the proceeds to further developp its medical service provider networks and managementsupportf services, repay debt, expand its technology pay accrued compensation to its executive managemeny and as general working capital. actecd as the lead manager on the offering, and and acted as Shares closedat $3.25.
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