Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares represents ownership in Xanadu Quantum Technologies Limited, a quantum computing company headquartered in Toronto, Canada. The company designs and develops photonic quantum computers and related quantum computing solutions accessible through cloud-based platforms. Xanadu's technology leverages individual particles of light, or photons, as the foundation for its quantum computing architecture. The company offers a suite of products and services including Aurora quantum computers, PennyLane—one of the world's most widely used quantum application development frameworks—as well as Catalyst, Lightning, and PennyLane Codebook. Xanadu serves enterprise and government customers across industries including automotive, energy, pharmaceuticals, semiconductors, artificial intelligence, and finance. The company completed a business combination in March 2026, establishing its public market presence. Class B Subordinate Voting Shares provide standard voting rights and ownership stake in the company's quantum computing and software platform operations.