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An announcement from Quantum Computing ( (QUBT) ) is now available.
Quantum Computing Inc. has announced a private placement of 8,163,266 shares of common stock at $12.25 per share, expected to raise $100 million in gross proceeds. The funds will enhance QCi’s financial position, supporting their growth plan and investment in thin-film lithium niobate photonic chips and quantum computing markets.
More about Quantum Computing
Quantum Computing Inc. (QCi) is an innovative technology company specializing in integrated photonics and quantum optics. They provide accessible and affordable quantum machines designed to operate at room temperature and low power. Their products offer unique capabilities in high-performance computing, artificial intelligence, cybersecurity, and remote sensing applications.
YTD Price Performance: -6.77%
Average Trading Volume: 40,010,729
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.33B
For detailed information about QUBT stock, go to TipRanks’ Stock Analysis page.
