Quantinuum Boosts IPO Size, Raises Price to $60/Share on Strong Demand
Quantinuum, a quantum computing company backed by Honeywell, has increased its IPO size and raised the offering price to $60 per share due to surging demand, aiming to raise $1.68 billion.
QNT
Quantinuum, the quantum computer manufacturer supported by Honeywell, has upsized its initial public offering amid overwhelming investor demand. The company increased the indicative price to $60 per share, up from a previously reported range.
As a result, the total expected proceeds have risen to $1.68 billion. The move underscores strong appetite for quantum computing plays in the public markets.
Source: MarketTwits