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

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ME News, May 26 (UTC+8): Quantum computing company Quantinuum Inc. is seeking to raise $1.05 billion through its U.S. initial public offering (IPO), leveraging current investor enthusiasm for quantum computing technology to advance the listing process. According to documents the company filed with 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 end of the offering range and the number of shares disclosed in the filing, Quantinuum’s market capitalization would reach approximately $12.7 billion. The company is supported by Honeywell International Inc. and is one of the most closely watched enterprises in the quantum computing sector today. (Source: ChainCatcher)
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GateUser-46033407
· 5h ago
1.05 billion in funding, the quantum track is really burning money.
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Glass-HeartMarketMaker
· 8h ago
The IPO pricing is out; let's see if institutions buy in once trading starts.
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GateUser-1859b7cd
· 8h ago
21 million shares, the circulating volume isn't large, and the volatility probably stimulates.
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CircuitDaydreamer
· 8h ago
13.4 billion market cap, how many ion trap devices would that sell?
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GateUser-e62ee1b0
· 8h ago
Is this valuation much higher than Rigetti's? Is it reasonable?
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BlackGoldMechanicalHand
· 8h ago
Quantum computing commercialization is not in sight yet; just hype up expectations first.
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FragilePosition
· 8h ago
$12.7 billion, can Honeywell's recent bet pay off?
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GateUser-e4fb1fbe
· 8h ago
Quantum computing is finally about to enter the secondary market, and Quantinuum’s valuation is a bit too wild.
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