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SEEQC to Go Public via Merger with Allegro Merger Corp. at $1 Billion Valuation
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SEEQC to Go Public via Merger with Allegro Merger Corp. at $1 Billion Valuation
In another significant move for the quantum hardware sector, SEEQC, the Elmsford, N.Y.-based developer of digital quantum-classical chips, has announced a definitive merger agreement with Allegro Merger Corp. (Allegro). The transaction, which includes a $65 million PIPE (Private Investment in Public Equity) financing, values the combined entity at approximately $1 billion. Upon closing, SEEQC will [...] The post SEEQC to Go Public via Merger wit…
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