By Heather Gillers
Quantum computing company Quantinuum is slated to begin publicly trading Thursday after it raised $1.68 billion in an upsized IPO.
The Colorado-based company said Wednesday it sold 28 million shares for $60 each and has granted underwriters the option to sell another 4.2 million depending on demand. That brings the company's total valuation to around $15 billion.
Honeywell, which helped form the firm in 2021, is expected to maintain a majority stake. Shares will trade under the ticker QNT.
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(END) Dow Jones Newswires
June 04, 2026 10:37 ET (14:37 GMT)
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