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]

Company Overview - Quantum Computing Inc. (QCi) is an innovative company specializing in integrated photonics and quantum optics technology, providing accessible and affordable quantum machines and foundry services for photonic chip production based on thin-film lithium niobate (TFLN) [4] - The company's products are designed to operate at room temperature and low power, making them cost-effective [4] - QCi's technology portfolio includes capabilities in high-performance computing, artificial intelligence, cybersecurity, and remote sensing applications [4] Upcoming Events - QCi will host a conference call and webcast on August 14, 2025, at 4:30 p.m. Eastern Time to review its operational progress for the second quarter ended June 30, 2025 [1] - The company will release its second quarter 2025 financial results on the same day after the market closes [1] Access Information - Investors can access the live webcast through the QCi Investor Relations page or via a specific link provided [2] - For phone participation, a specific dial-in number and access code are provided for both domestic and international callers [2] Replay Information - A replay of the teleconference will be available until August 28, 2025, with specific dial-in numbers and conference ID for access [3]