Core Viewpoint - A class action lawsuit has been filed against Quantum Corporation for violations of the Securities Exchange Act due to false and misleading statements regarding revenue recognition [1][2]. Group 1: Lawsuit Details - The class period for the lawsuit is from November 15, 2024, to August 18, 2025, with a deadline for lead plaintiff appointments set for November 3, 2025 [2]. - Quantum Corporation was required to restate prior financial statements because of improper revenue recognition, leading to claims that its public statements were materially misleading [2]. Group 2: Shareholder Participation - Shareholders who purchased shares during the specified class period are encouraged to contact the law firm for potential lead plaintiff appointments, although this is not necessary to participate in any recovery [2][3]. - Once registered, shareholders will be enrolled in a portfolio monitoring system to receive updates on the case's progress at no cost [3]. Group 3: Law Firm Background - DJS Law Group specializes in securities class actions and corporate governance litigation, representing large hedge funds and alternative asset managers [4].

Core Insights - 01 Quantum Inc. and qLABS announced the launch of the first fully quantum-resistant ecosystem on Hyperliquid, utilizing the Quantum Crypto Wrapper (QCW) technology [1][4] - The QCW technology combines zero-knowledge proofs with 01 Quantum's NIST-approved IronCAP™ post-quantum cryptography, enhancing security against both classical and quantum attacks [2][5] - Hyperliquid's market capitalization is approximately US$15.5-16.5 billion, indicating a significant presence in the crypto market [2] Company Overview - 01 Quantum Inc. specializes in post-quantum cybersecurity and has developed the IronCAP™ product line, which is patent-protected in the U.S. and other countries [9] - qLABS is focused on creating blockchain solutions that are resilient to quantum computing threats, aiming to protect Web3 from future quantum risks [8] Technology Implementation - The QCW technology will secure all components of the Hyperliquid ecosystem, marking a significant milestone in the deployment of quantum-resistant solutions [2][4] - The first quantum-resistant token on Hyperliquid is designed to demonstrate the practical application of QCW technology, ensuring asset security at the protocol level [7] Future Outlook - The launch of the quantum-resistant token and protocol on Hyperliquid is targeted for the first quarter of 2026, indicating a strategic timeline for implementation [4] - The initiative addresses the risk of "harvest now, decrypt later" attacks, positioning Hyperliquid as a pioneer in quantum-resistant blockchain architecture [5]

Group 1 - The article does not provide any specific content or data related to a company or industry [1]

Core Insights - A small group of quantum computing stocks has generated remarkable returns, with some stocks increasing by over 2,200% in the past year [1][3] Quantum Computing Industry Overview - Quantum computing represents a significant innovation in computing technology, utilizing qubits instead of traditional bits, allowing for more complex data processing [2] - The potential applications of quantum computing include drug development and addressing major societal issues like climate change, which could significantly increase stock valuations [3] Company Highlights Rigetti Computing - Rigetti Computing has seen a staggering increase of 2,847% in its stock price over the past year [5] - The company builds its quantum machines in-house using superconducting qubit-based processors, achieving a median two-qubit gate fidelity of 99.5% and reducing its gate error rate by 50% [6][7] - Rigetti has secured a three-year contract worth $5.8 million with the Air Force Research Laboratory to develop advanced superconducting quantum networking [7][8] - Despite its high growth potential, Rigetti currently generates minimal revenue and operates at a loss, with a market cap of $7.8 billion [9] D-Wave Quantum - D-Wave Quantum has also experienced significant growth, with its stock up 2,278% in the past year [10] - The company utilizes annealing quantum computing technology, with its Advantage2 prototype featuring over 1,200 qubits and plans for a system with 7,000 qubits [11] - Analysts have noted the Advantage2's performance improvements over classical supercomputers, particularly in optimization problems, although its applicability is limited to specific problem types [12] - Similar to Rigetti, D-Wave is not yet profitable and has a market cap of $7.85 billion [12]

Core Insights - Quantum Computing Inc. has successfully closed an oversubscribed private placement, raising gross proceeds of $500 million through the sale of 26,867,276 shares of common stock priced at market value under Nasdaq rules [1][2][3] - The company plans to utilize the net proceeds to accelerate commercialization efforts, pursue strategic acquisitions, expand sales and engineering personnel, and for general corporate purposes [2][3] - Since November 2024, the company has raised approximately $900 million in gross proceeds, significantly strengthening its balance sheet and supporting its multi-year growth strategy [3][9] Financial Details - The private placement was backed by strong support from both new and existing top-tier institutional investors, and was priced at a significant premium compared to the company's four recent offerings [3] - Following the closing of this offering, the company's total cash position is approximately $850 million [9] Company Overview - Quantum Computing Inc. specializes in integrated photonics and quantum optics technology, providing accessible and affordable quantum machines and foundry services for photonic chip production [6] - The company's products are designed to operate at room temperature and low power, targeting applications in high-performance computing, artificial intelligence, cybersecurity, and remote sensing [6]

Core Insights - Rigetti Computing (RGTI) has secured significant grants, indicating government confidence and the commercial relevance of its quantum roadmap [1][3] - The recent $5.8 million contract from the Air Force Research Laboratory (AFRL) aims to advance superconducting quantum networking [1][7] - The company has also received a $5.48 million grant from the Air Force Office of Scientific Research (AFOSR) to reduce qubit defects and led a £3.5 million Innovate UK consortium for quantum error correction [2][7] Funding and Research Initiatives - The AFRL contract focuses on quantum interconnects, while the AFOSR award targets qubit fidelity, and the Innovate UK project enhances error correction [3][7] - These grants provide non-dilutive funding and address critical challenges in quantum technology, thereby reducing risk across Rigetti's roadmap [3] Market Performance - RGTI shares increased by 10.9% following the AFRL contract announcement and have surged 106.1% year-to-date, outperforming the industry growth of 25.3% [6][7] - The company currently trades at a price-to-book ratio of 18.4, which is above the industry average [9] Earnings Estimates - The Zacks Consensus Estimate for Rigetti's 2025 earnings suggests an 86.1% rise compared to the previous year [11] - Current earnings estimates indicate a potential improvement in performance, with year-over-year growth projections for 2025 [12]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Quantum Corporation due to allegations of improper revenue recognition and subsequent financial restatements, which have led to significant stock price declines and investor losses [2][4][5]. Group 1: Legal Investigation and Claims - Faruqi & Faruqi, LLP is encouraging investors who suffered losses exceeding $75,000 in Quantum Corporation between November 15, 2024, and August 18, 2025, to discuss their legal options [1][2]. - A federal securities class action has been filed against Quantum Corporation, with a deadline of November 3, 2025, for investors to seek the role of lead plaintiff [2][8]. Group 2: Financial Misconduct Allegations - The lawsuit claims that Quantum Corporation made false and misleading statements regarding its revenue recognition practices during the fiscal year ended March 31, 2025, necessitating a restatement of financial statements for the fiscal third quarter ended December 31, 2024 [4]. - On June 30, 2025, Quantum disclosed it would be unable to timely file its annual financial report due to ongoing reviews of its accounting practices, resulting in a stock price drop of $1.00, or 10.03%, closing at $8.97 per share [5]. - On August 8, 2025, Quantum announced that its third quarter 2024 financial statements should no longer be relied upon, revealing deficiencies in internal controls and a revenue decrease of approximately $3.9 million [6]. - Following the announcement of its CEO's resignation on August 18, 2025, Quantum's stock price fell by $0.61, or 8.2%, closing at $6.83 per share [7].

Core Points - TNF Pharmaceuticals, Inc. has changed its corporate name to Q/C Technologies, Inc. [1] - The company will begin trading under the new ticker symbol "QCLS" on the Nasdaq Capital Market starting September 25, 2025 [1] - Until the name change takes effect, the company's common stock will continue to trade under the current ticker symbol "TNFA" [1] - The new name reflects the company's recent strategic direction [1]

LOS ANGELES--(BUSINESS WIRE)--Quantum Corporation Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – QMCO. ...

The quantum computing industry is among the fastest growing corners of the tech space—analysts at McKinsey predict it could skyrocket from $4 billion in revenue in 2024 to up to $72 billion in 2035. With a growing field of competitors specializing in developing quantum tech that are becoming increasingly competitive with legacy tech firms expanding into the space, investors have the difficult job of assessing which quantum stocks may be most likely to thrive in the coming years. D-Wave Quantum TodayQBTSD-Wa ...