Quantinuum IPO Sets Share Price at $60, Exceeding Initial Target Range

Deep News

06/04

According to a company statement, the Honeywell-backed U.S. quantum computing firm Quantinuum has priced its initial public offering (IPO) at $60 per share. This price exceeds the previously indicated range of $53 to $55 per share. The offering involves 28 million shares, raising a total of $1.68 billion based on the pricing.

The company is scheduled to commence trading on the Nasdaq Global Market on June 4, under the stock ticker symbol "QNT".

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