HighCape Capital Acquisition Corp.

The Proteus launch has moved from end-2026 to Q2 2027 as the company states it. This summary is drawn from the cover page and cautionary note; the financial statements are not covered here.

The launch slipped roughly three quarters and the runway extended two quarters, and the second is bought with the 20% headcount cut rather than with new capital — $169.9 million against guided cash usage of up to $93.0 million a year is what makes the arithmetic work. The $4 billion market figure is the company's own estimate, not a measured market.

The Company has an initial 180 calendar days, until January 19, 2027, to regain compliance by closing at $1.00 or more for at least 10 consecutive business days, subject to Staff discretion to extend that ten-day period. A second 180-day period is available only if the Company transfers its listing to The Nasdaq Capital Market, meets the market value of publicly held shares requirement and all other initial listing standards, pays an application fee and states in writing that it will cure by reverse split if necessary.

This is a long-dated fixed cost being locked in by a pre-revenue instrument company: about $3.78 million of base rent in the first year alone, escalating 3% annually, beginning no later than November 1, 2027. For a company funding operations from its balance sheet, committing to a facility of that size signals confidence in scaling the Proteus platform, and it also converts flexibility into a fixed obligation that must be serviced whether or not commercial traction arrives.

Two amendments to the same registration statement on one day, carrying the same registered amounts and the same fee, means whatever this version changes is not in the cover or the fee table. The Class A figure still assumes a June 15, 2021 closing and Quantum-Si's capitalisation as of May 1, 2021, and the $15.96 price is still the February 23, 2021 high-low average taken within five business days of the initial registration statement — nearly three months old by this filing. Quantum-Si's Series A preferred holders take the Class B, which converts one-for-one into Class A.

The Class A count is explicitly conditional: it assumes a closing date of June 15, 2021 and is based on Quantum-Si shares outstanding as of May 1, 2021, so it moves if either changes. Quantum-Si's Series A preferred holders take 19,862,500 shares of a separate New Quantum-Si Class B class that converts one-for-one into Class A, which is why the fee table prices both at $15.96. That $15.96 is the February 23, 2021 high-low average, carried forward from the initial registration statement rather than refreshed for this amendment.

What changed: Q2 2026 10-Q of Quantum-Si Incorporated (Nasdaq: QSI). The cautionary note states that the company's Proteus platform, originally anticipated to be launched at the end of 2026, is now estimated to be commercially available in the second quarter of 2027, and warns that a launch outside that updated time frame, or one lacking the applications customers seek, could materially affect long-term financial success and market credibility, and that the pending launch may slow purchasing decisions for existing instruments and consumables. Why it matters: The Proteus launch has moved from end-2026 to Q2 2027 as the company states it. This summary is drawn from the cover page and cautionary note; the financial statements are not covered here.

What changed: Quantum-Si Incorporated (Nasdaq: QSI) furnished a press release dated August 13, 2026 reporting second quarter 2026 results and a Proteus development update. Revenue was $344 thousand against $591 thousand a year earlier and $602 thousand for the six months against $1.4 million, with gross margin of 50% in the quarter and 41% for the six months. Total operating expenses were $25.8 million against $30.5 million and the net loss $23.5 million against $28.8 million; for the six months the net loss was $45.2 million against $48.0 million. Why it matters: The launch slipped roughly three quarters and the runway extended two quarters, and the second is bought with the 20% headcount cut rather than with new capital — $169.9 million against guided cash usage of up to $93.0 million a year is what makes the arithmetic work. The $4 billion market figure is the company's own estimate, not a measured market.

What changed: 8-K of Quantum-Si Incorporated. Item 3.01 (notice of delisting or failure to satisfy a continued listing standard): on July 23, 2026 the Company received written notice from Nasdaq Listing Qualifications that, because the closing bid price of its Class A common stock has been below $1.00 for 30 consecutive business days, it no longer meets the minimum bid price requirement for continued inclusion on The Nasdaq Global Market under Listing Rule 5450(a)(1). The notice has no immediate effect on listing or trading, which continues on the Global Market under QSI. Why it matters: The Company has an initial 180 calendar days, until January 19, 2027, to regain compliance by closing at $1.00 or more for at least 10 consecutive business days, subject to Staff discretion to extend that ten-day period. A second 180-day period is available only if the Company transfers its listing to The Nasdaq Capital Market, meets the market value of publicly held shares requirement and all other initial listing standards, pays an application fee and states in writing that it will cure by reverse split if necessary.