Core Viewpoint - Quantum Computing Inc. has successfully entered into securities purchase agreements for an oversubscribed private placement, raising $500 million to support its growth initiatives and commercialization efforts [1][3]. Group 1: Offering Details - The private placement involves the sale of 26,867,276 shares of common stock, priced according to Nasdaq rules, and is expected to close around September 24, 2025 [1]. - The offering has attracted participation from large existing shareholders and a notable first-time investment from a global alternative asset manager [2][7]. - The total gross capital raised by the company since November 2024 will reach approximately $900 million following this offering [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to accelerate commercialization efforts, pursue strategic acquisitions, expand sales and engineering personnel, and for general corporate purposes [2][3]. - The company aims to strengthen its financial position and execute its multi-year growth plan with the funds raised [3]. Group 3: Company Overview - Quantum Computing Inc. specializes in integrated photonics and quantum optics technology, providing affordable quantum machines and photonic chip production services [5]. - The company's products are designed to operate at room temperature and low power, targeting high-performance computing, artificial intelligence, and cybersecurity applications [5].

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]