Quantum Computing Inc. Announces $750 Million Oversubscribed Private Placement of Common Stock Priced at the Market Under Nasdaq Rules

Core Points - Quantum Computing Inc. (QCi) has entered into securities purchase agreements for the sale of 37,183,937 shares of common stock in a private placement, expected to generate gross proceeds of $750 million [1][2] - The company plans to use the net proceeds for commercialization, strategic acquisitions, production capabilities, and general corporate purposes [2] - Total capital raised since November 2024 is now $1.64 billion, positioning QCi with a strong balance sheet among publicly traded quantum computing companies [3][9] Financial Details - The offering is expected to close around October 8, 2025, subject to customary closing conditions [1] - Following the closing, QCi's pro-forma cash position is expected to be approximately $1.55 billion [9] Company Overview - QCi specializes in integrated photonics and quantum optics technology, providing quantum machines and foundry services for photonic chips [6] - The company's products are designed to operate at room temperature and low power, targeting high-performance computing, artificial intelligence, and cybersecurity applications [6]