Quantum Computing Inc. (QUBT) has entered into securities purchase agreements with institutional investors, selling about 37.18 million shares of common stock in an oversubscribed private placement. The offering is priced at market and is expected to generate gross proceeds of approximately $750 million. The closing is set for around October 8, 2025. Proceeds will be used to fund commercialization, acquisitions, production capabilities, personnel expansion, and general corporate purposes. Titan Partners Group, a division of American Capital Partners, is the sole placement agent for the offering.
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Read more at Nasdaq: Quantum Computing Secures $750 Mln In Oversubscribed Private Placement
