Quantum Computing Inc. (QCi) announced on June 23, 2025, that it has entered into securities purchase agreements with institutional investors for a private placement of common stock. The offering involves the purchase and sale of 14,035,089 shares of common stock at a price of $14.25 per share.
This private placement is expected to result in gross proceeds of $200 million, before deducting offering expenses. The closing of the offering was anticipated to occur on or about June 24, 2025, subject to customary closing conditions.
The company intends to use the net proceeds from this offering to accelerate commercialization efforts, pursue strategic acquisitions, and fund working capital and general corporate purposes. This substantial capital raise is expected to significantly strengthen QCi's financial position.
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