Quantum computing company Quantinuum is seeking to raise $1.05 billion through an IPO
BlockBeats News, May 26th, according to Bloomberg, quantum computing company Quantinuum Inc. is seeking to raise $1.05 billion through its U.S. initial public offering (IPO), taking advantage of current investor enthusiasm for quantum computing technology.
According to a filing 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 disclosed number of shares issued in the filing and the upper end of the price range, Quantinuum's valuation would reach around $12.7 billion.
Backed by Honeywell International Inc., the company is one of the most watched enterprises in the quantum computing field.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Why can't ETH go up? Three sets of main force transactions make it very clear
US Spot Ethereum ETF Sees Net Outflow of $35.1 Million Yesterday
