Published • loading... • Updated
Quantum Computing Inc. Announces $750 Million Oversubscribed Private Placement of Common Stock Priced at the Market Under Nasdaq Rules
Quantum Computing Inc. raised $750 million from institutional investors to support commercialization, acquisitions, and expand production and personnel, boosting its cash position to $1.55 billion.
- Quantum Computing Inc. announced it will sell 37,183,937 shares in an oversubscribed private placement priced at the market under Nasdaq rules, expecting $750 million gross proceeds and closing around October 8, 2025.
- As a Nasdaq‑listed firm, QCi is a quantum technology company focused on integrated photonics and quantum optics, with Titan Partners Group, a division of American Capital Partners, acting as sole placement agent.
- Management added that total capital raised is $1.64 billion since November 2024, positioning QCi with a $ 1.55 billion pro‑forma cash position after closing.
- The company intends to use net proceeds to fund commercialization, pursue acquisitions, build production capacity, expand personnel, and support working capital, while cautioning prospective investors about risks in funding and collaboration outcomes.
- The securities issued have not been registered under the Securities Act of 1933 and may not be sold in the U.S. without registration; the company agreed to file a resale registration statement with the SEC.
Insights by Ground AI
66 Articles
66 Articles
Why Quantum Computing Inc. Stock Was Sliding Today @themotleyfool #stocks $QUBT
Key PointsQCi is raising another $750 million.Management said the move should fund the business through 2028.The company has barely any revenue currently. 10 stocks we like better than Quantum Computing › Shares of Quantum Computing Inc. (QCi) (NASDAQ: QUBT) were moving lower today as investors balked at a follow-on offering from the development-stage quantum computing company. As of 10:56 a.m. ET, the stock was down 10.5% on the news.Where to i…
·Alexandria, United States
Read Full Article
+63 Reposted by 63 other sources
Quantum Computing Inc. Announces $750 Million Oversubscribed Private Placement of Common Stock Priced at the Market Under Nasdaq Rules
The offering is being led by QCi's largest existing shareholdersCompany's pro-forma cash position expected to be approximately $ 1.55 billion following closing
Coverage Details
Total News Sources66
Leaning Left6Leaning Right6Center23Last UpdatedBias Distribution66% Center
Bias Distribution
- 66% of the sources are Center
66% Center
L 17%
C 66%
R 17%
Factuality
To view factuality data please Upgrade to Premium