Quantum Computing Inc. Announces Private Placement of Common Stock for Proceeds of $200 Million

Core Points - Quantum Computing Inc. has entered into securities purchase agreements for the sale of 14,035,089 shares of common stock at a price of $14.25 per share, expecting gross proceeds of $200 million [1][2] - The net proceeds will be used for commercialization efforts, strategic acquisitions, working capital, and general corporate purposes [2] - The offering is being led by several prominent global investment firms, and the company's total cash position is expected to exceed $350 million following the closing [8] Company Overview - Quantum Computing Inc. is an innovative company specializing in integrated photonics and quantum optics technology, providing accessible and affordable quantum machines [5] - The company's products are designed to operate at room temperature and low power, targeting high-performance computing, artificial intelligence, cybersecurity, and remote sensing applications [5]