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Item 11 — Quantitative and Qualitative Disclosures About Market Risk
Xanadu Quantum Technologies Limited · 20-F · FY 2026 · Period ended Mar 26, 2026
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ABOUT MARKET RISKS
Information regarding quantitative
and qualitative disclosure about market risk is included in the Proxy Statement/Prospectus under the section entitled “Old Xanadu
Management’s Discussion and Analysis of Financial Condition and Results of Operations” and is incorporated herein by reference.