Quantum Computing Inc. Announces Closing of Private Placement of Common Stock for Proceeds of $200 Million

HOBOKEN, N.J., June 24, 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 closed its previously announced securities purchase agreements with institutional investors for the purchase and sale of 14,035,089 shares of common stock in a private placement at a purchase price of $14.25 per share, for proceeds of $200 million before deducting expenses.

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