Amendment to Annual Report (Form 10-K/A)

Quantumzyme Corp. (the "Company") is filing this Amendment No. 2 to its Annual Report on Form 10-K for the fiscal year ended July 31, 2025 (the "Original Filing"), which was filed with the Securities and Exchange Commission on November 13, 2025.

Amendment No. 1 to the Original Filing was filed to include an updated report of the Company's independent registered public accounting firm, Fruci & Associates II, PLLC ("Fruci"), and the related consent. The updated audit report replaced the version that was included in the Original Filing, which was submitted before Fruci had granted its final authorization. Amendment No. 1 also reflected the inclusion of $54,500 of stock-based compensation for Mr. Naveen Krishnarao Kulkarni for fiscal year 2024 in the Executive Compensation table presented in Item 11.

This Amendment No. 2 is being filed solely to amend and supplement disclosure contained in Item 1 - Business, Item 1A - Risk Factors, and Item 13 - Certain Relationships and Related Transactions, and Director Independence, in each case to update and clarify certain disclosures relating to the Company's intellectual property.

As previously disclosed, the Company acquired certain intellectual property rights pursuant to an Asset Purchase Agreement dated February 21, 2023. Such intellectual property includes the subject matter of U.S. Patent Application Publication No. US20250146029A1, titled "Modified Polypeptides for Enzymatic Synthesis of Ibuprofen," which was filed on November 2, 2023.

The Company believes that the subject matter of the patent application is derived from and based upon the intellectual property acquired pursuant to the Asset Purchase Agreement. However, the patent application was filed in the name of the Company's Chief Executive Officer in his individual capacity, and legal title has not yet been formally assigned to the Company.

The Company has not recorded such intellectual property as an asset in its financial statements due to the absence of a formal valuation.

The Company has since entered into a confirmatory assignment agreement with its Chief Executive Officer to formally assign such intellectual property to the Company, effective as of the date of issuance of the patent, and intends to reflect such ownership in its public disclosures going forward.

Accordingly, this Amendment No. 2 amends only Item 1, Item 1A, and Item 13 of the Original Filing.

No other Items or disclosures are being amended, modified, or updated by this Amendment No. 2.

This Amendment No. 2 does not modify, restate, or update any of the Company's audited financial statements, notes to financial statements, or any other financial information contained in the Original Filing, and no changes have been made to Part II, Item 7 (Management's Discussion and Analysis of Financial Condition and Results of Operations), Item 8 (Financial Statements and Supplementary Data), or any other financial disclosures.

Except as expressly set forth herein with respect to Item 1, Item 1A, and Item 13, this Amendment No. 2 does not reflect events occurring after the filing date of the Original Filing, and no other changes have been made to the Original Filing.

This Amendment No. 2 should be read in conjunction with the Original Filing and Amendment No. 1.