Quantinuum Lifts IPO Target to $1.46 Billion on 26.5 Million Shares at $53-$55

2 articles · Updated · Bloomberg · Jun 1

Quantinuum increased its IPO target to as much as $1.46 billion, expanding the deal to 26.5 million shares in an updated SEC filing Monday.
The revised terms price the offering at $53 to $55 a share, above the company's earlier plan to sell about 21 million shares for $45 to $50 each.
The upsized deal signals stronger expected demand for the Honeywell-backed quantum computing company as it heads toward listing.

With a $1.5B deficit, is Quantinuum's IPO a brilliant bet on the future or a risky gamble on quantum hype?

As quantum's first major IPO, can Quantinuum's technology outpace giants like Google and IBM in the race for quantum advantage?

As a company that could break all encryption goes public, what is the true price of commercializing quantum supremacy?