Buy QMLS by Nov 4, 2026.

I think the market has QMLS wrong! Here me out: At 8:00 a.m. ET on August 6, \[QMLS traded at $6.04\](https://www.nasdaq.com/market-activity/stocks/qmls). The \[final prospectus\](https://www.sec.gov/Archives/edgar/data/2084026/000143774926023622/quma20260714\_424b4.htm) says 32,867,931 basic shares would be outstanding after registration. That puts the basic equity value near $198.5 million. Since June 11, the company has announced more than $246 million in signed (signed!), multi-year customer agreements. My whole thesis sits inside that gap (you can skip to the bottom now if you want). The market sees a …