Quantinuum, a Broomfield, Colorado‑based quantum computing firm backed by Honeywell, priced 28 million shares at $60 each in a U.S. IPO, generating gross proceeds of approximately $1.68 billion.
The offering was led by J.P. Morgan and Morgan Stanley, with Jefferies and Evercore ISI acting as book‑running managers, and is scheduled to close on June 5.
Shares are slated to commence trading on the Nasdaq Global Market on Thursday under the ticker “QNT”.
The company develops full‑stack quantum computing systems and software, targeting applications in pharmaceuticals, materials science, and finance.
