Provided By GlobeNewswire
Last update: Jun 11, 2025
BERKELEY, Calif., June 11, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it has completed sales of $350 million gross proceeds of its common stock pursuant to its previously disclosed at-the-market equity offering program. With this additional funding, Rigetti will have approximately $575 million of cash, cash equivalents and available-for-sale investments with no debt, and is well positioned to support commercial scale-up of its superconducting gate-based quantum computers. Rigetti intends to use the proceeds from the offering primarily for working capital, capital expenditures and other general corporate purposes, and may also use a portion of the net proceeds to enter into strategic collaborations, acquisitions or partnerships in the future.
Read more at globenewswire.comNASDAQ:RGTIW (7/24/2025, 3:03:06 PM)
6.11
-0.01 (-0.16%)
NASDAQ:RGTI (7/24/2025, 3:11:02 PM)
16.1299
-0.01 (-0.06%)
Find more stocks in the Stock Screener