US Market News
2日前
Quantinuum Announces Closing of Upsized Initial Public OfferingJune 5, 2026 5:01 PM
PR Newswire (US) BROOMFIELD, Colo., June 5, 2026 /PRNewswire/ -- Quantinuum Inc. (Nasdaq: QNT) ("Quantinuum") today announced the closing of its upsized initial public offering of 28,000,000 shares of its Class A common stock at an initial public offering price of $60.00 per share. All of the shares were offered by Quantinuum. The aggregate gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses were $1.68 billion. Quantinuum's Class A common stock is listed on the Nasdaq Global Market under the ticker symbol "QNT." J.P. Morgan and Morgan Stanley (in alphabetical order) acted as joint lead active book-running managers for the offering; Jefferies and Evercore ISI also acted as active book-running managers; BofA Securities, UBS Investment Bank, Cantor, Mizuho, Needham & Company, Societe Generale and TD Cowen acted as joint-book running managers; and Craig-Hallum and Rosenblatt acted as co-managers for the offering.A registration statement relating to this offering was declared effective by the Securities and Exchange Commission (the "SEC") on June 3, 2026. A prospectus relating to and describing the terms of the offering has been filed with the SEC and is available on the SEC's website at www.sec.gov. The offering is being made available only by means of a prospectus. Copies of the prospectus may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com; Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department or by email at prospectus@morganstanley.com; Jefferies LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, New York 10022, by telephone at (877) 821-7388 or by email at Prospectus_Department@Jefferies.com; or Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, New York 10055, by telephone at 888-474-0200 or by email at ecm.prospectus@evercore.com.This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.About QuantinuumQuantinuum is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry's highest accuracy levels based on average two-qubit gate fidelity as of December 31, 2025. Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets. Quantinuum's headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar and Singapore.Logo - https://mma.prnewswire.com/media/2655950/6002333/Quantinuum_Logo.jpg View original content:https://www.prnewswire.co.uk/news-releases/quantinuum-announces-closing-of-upsized-initial-public-offering-302793104.html Original: Quantinuum Announces Closing of Upsized Initial Public Offering
eastunder
2日前
MW- Quamtinuum's buzzy IPO ends with a whimper as stock gives back early gains
The quantum company's stock opens 13% above its IPO price but ends just cents above the IPO price
Quantinuum shares started trading on the Nasdaq on Thursday.
Shares of Quantinuum initially popped in their Nasdaq debut on Thursday, but the gains were short-lived.
The stock opened at $68 , which was 13% above its initial-public-offering price of $60 , but ended the day up just 0.6% at $60.38 .The quantum company (QNT) priced its upsized IPO at $60 per share on Wednesday evening, leading to a $1.68 billion raise. The company sold 28 million shares, after it had expected to sell 26.5 million. Thursday's closing price makes for a $15.7 billion market capitalization.
Unlike some other publicly traded quantum companies, Quantinuum opted for a traditional IPO rather than going through a special-purpose acquisition company.
Quantinuum CEO Rajeeb Hazra told MarketWatch that the company chose the traditional IPO route because it wants to " demonstrate that there's no air gap between what we're saying and what we're doing" - especially in an industry that's still in its early days.
"You're starting to see real revenue that's coming from these companies, so it makes sense for them to start to go public," said Willy Lee , a principal at SuRo Capital (SSSS).Quantum technology has been around for decades, but only in recent years has commercial adoption started to take off. While meaningful revenue is still further out for companies focused on futuristic technologies like this one, Lee noted an uptick in contracts that signals business momentum is growing.
While it's understood that quantum computing is an important technology, "it's another thing when you start to see actual real contract volume come in," Lee told MarketWatch.
Part of that is tied to the artificial-intelligence boom, as companies look for ways to develop infrastructure faster and run into bottlenecks, he said.
Quantum computers harness massive amounts of computing power, enabling them to solve complex problems that classical computers can't handle. The technology has been touted for advancing breakthroughs across industries, from drug discovery to financial applications.
Quantinuum's IPO "speaks to the investor interest and confidence within quantum," Lee said. The U.S . government is also making investments to develop the technology in the interest of national security.The company has developed three generations of quantum hardware, including its Helios quantum computer, which it says puts it on the path to building a fully fault-tolerant quantum computer. Quantinuum also develops software, and Hazra said its "solution experts" work with customers to build use cases for the technology.
The company was formed after Honeywell Quantum Solutions and Cambridge Quantum combined in 2021.
"There's still a lot of misconception that quantum is still to happen or [that] use cases are not real today," Hazra said. "The fact of the matter is quantum is here today, now," he added, noting that customers are asking for a quantum strategy as AI evolves.
The stock's first days of trading will serve as a bellwether for the rest of the quantum space, Wedbush analyst Antoine Legault told MarketWatch. Quantum-computing stocks tend to be highly correlated - so if Quantinuum's stock does well, Legault sees that action potentially lifting the rest of the sector.
- Britney Nguyen
Oleblue
3日前
Quantum Stocks: New IPO Quantinuum Volatile In First Trading Day
REINHARDT KRAUSE, Updated 04:03 PM ET 06/04/2026
Quantinuum (QNT) stock rose in the first day of trading on Thursday after the Honeywell International-controlled (HON) company launched its initial public offering. But Quantinuum gave up earlier gains after rising as much as 18% and closed up only a fraction.
The number of quantum computing stocks continues to increase, although the companies are still unprofitable as they aim to commercialize the technology.
Broomfield, Colo.-based Quantinuum raised $1.68 billion in an upsized IPO. The company priced 28 million shares at $60, up from initial plans to sell shares for $45 to $50. The IPO puts Quantinuum's valuation at $15.6 billion.
On the stock market today, Quantinuum stock rose 0.6% to close at 60.38. Shares popped over 18% to 71.35 in earlier trading. In extended trading on Thursday, shares dipped below 60.
IonQ (IONQ) currently has the highest valuation among quantum computing stocks at around $25.5 billion, with D-Wave Quantum (QBTS) at $10.2 billion.
According to Quantinuum's S-1 filing, the company's net revenue rose nearly 35% in 2025 to $30.9 million. The company's net loss rose to $192.5 million, up from $144 million a year earlier.
In 2021, Honeywell merged its Quantum Solutions business with Cambridge Quantum, forming Quantinuum.
Quantinuum was among quantum companies included in a Trump administration industry funding program. IBM (IBM) received the biggest financial boost from the U.S. government amid its expanding quantum goals.
Quantum Computing Stocks: SPAC Deals
Infleqtion (INFQ), Xanadu (XNDU) and Horizon Quantum (HQ) have gone public in recent months. Other quantum companies expected to go public later in 2026 include IQM, Pasqal, Terra Quantum, and Seeqc. They will reportedly merge with special purpose acquisition companies.
SPACs, also called blank-check vehicles, raise money by going public, with the purpose of purchasing companies. A SPAC merger enables quantum computing firms to raise capital, bypassing an initial public offering.
In 2025, Quantinuum raised about $600 million from investors, including Nvidia's (NVDA) venture capital arm. The company aims to be a "full-stack" technology provider "spanning hardware, middleware, compilers, algorithm libraries and application frameworks."
Quantum computing works on a subatomic level and uses exotic technologies, like supercold superconductor chips. It aims to solve problems too complex for today's classical computers, such as simulating chemical reactions. Traditional computers use electronic circuits to store information as digital zeros and ones. Instead, quantum machines rely on processors known as "qubits."
There are many approaches to quantum computing, including qubit technologies that use superconducting, ion-trapped, annealing and photonic methods.
Quantum computing stocks have been volatile. Shares rallied in May amid the Trump administration's industry funding announcement.
For quantum computing to reach its potential, logical qubits will require robust error correction. The race is on to build "fault-tolerant" quantum computers that scale up and correct errors, allowing for complex, sustained calculations.
https://www.investors.com/news/technology/quantum-computing-stocks-quantinuum-ipo-first-day-trading/?src=A00220