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Quantinuum Completes 28 Million Share IPO Raising $1.68 Billion
Quantinuum Inc., a leading quantum computing firm, announced the successful closing of its upsized initial public offering (IPO). The company sold 28,000,000 shares of Class A common stock at $60.00 per share, generating gross proceeds of $1.68 billion. The shares began trading on the Nasdaq Global Market under the symbol "QNT."
J.P. Morgan and Morgan Stanley led the active book-running management, with additional support from Jefferies, Evercore ISI, BofA Securities, UBS Investment Bank, among others. The Securities and Exchange Commission (SEC) declared the registration statement effective on June 3, 2026, allowing the prospectus to be accessed through the SEC's website.
This IPO marks a significant milestone for Quantinuum, enhancing its position in the quantum computing sector. The company aims to leverage the proceeds to expand its quantum computing capabilities and engage with various industry sectors including pharmaceuticals and financial services.
R. H.
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