Quantum Computing Inc. Announces $750 Million Oversubscribed Private Placement of Common Stock Priced at the Market Under Nasdaq Rules

HOBOKEN, N.J., Oct. 5, 2025 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that it has entered into securities purchase agreements with institutional investors for the purchase and sale of 37,183,937 shares of common stock in an oversubscribed private placement priced at the market under Nasdaq rules. The offering is expected to result in gross proceeds of $750 million, before deducting offering expenses. The closing of the offering is expected to occur on or about October 8, 2025, subject to the satisfaction of customary closing conditions.

Read more at prnewswire.com