Quantum computing company Quantinuum seeks to raise $1.05 billion through an IPO

Golden Finance reports that on May 26, quantum computing company Quantinuum Inc. is seeking to raise $1.05 billion through its initial public offering (IPO) in the United States. According to documents the company submitted to the U.S. Securities and Exchange Commission (SEC) on Tuesday, Quantinuum plans to issue approximately 21 million shares at a price of $45 to $50 per share. Based on the upper limit of the issuance range and the number of shares outstanding disclosed in the documents, Quantinuum's market capitalization would reach approximately $12.7 billion.
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