Quantum Computing Inc. Files S-1 for Capital Raise

TL;DR

QCGI filing S-1, looks like they're raising cash. Watch this space.

AI Summary

Quantum Computing Inc. filed an S-1 registration statement on December 20, 2024, for an unspecified offering. The company, incorporated in Delaware with its principal executive offices in Hoboken, NJ, is focused on quantum computing solutions. The filing indicates a need to raise capital, though specific dollar amounts for the offering are not detailed in this initial document.

Why It Matters

This S-1 filing signals Quantum Computing Inc.'s intent to raise capital, which could fund further development and commercialization of its quantum computing technologies, potentially impacting the competitive landscape of advanced computing.

Risk Assessment

Risk Level: medium — S-1 filings often precede significant capital raises or stock offerings, which can introduce volatility and dilution risk for existing shareholders.

Key Numbers

• 333-283955 — SEC File Number (Identifies this specific registration statement with the SEC.)
• 1231 — Fiscal Year End (Indicates the company's financial reporting cycle.)

Key Players & Entities

• Quantum Computing Inc. (company) — Registrant
• December 20, 2024 (date) — Filing date
• Delaware (jurisdiction) — State of incorporation
• Hoboken, NJ (location) — Principal executive offices
• Dr. William McGann (person) — Chief Executive Officer
• Lucosky Brookman LLP (company) — Legal counsel

FAQ

Key Financial Figures

• $0.0001 — up to 8,960,000 shares of common stock, $0.0001 par value (“Common Stock”)
• $2.9 million — l, however, receive up to approximately $2.9 million in gross proceeds if the Placement Agen
• $15.14 — ing price as reported on the Nasdaq was $15.14 per share. The Selling Stockholders ma
• $52 billion — dquo;CHIPS Act”), which allocates $52 billion for the revitalization and onshoring of
• $39 billion — CHIPS Act funding specifically includes $39 billion in manufacturing incentives and $13 bil
• $13 billion — billion in manufacturing incentives and $13 billion to support new research and development
• $190.4 million — t the global TFLN EOM market, valued at $190.4 million in 2022, is forecast to grow to an esti
• $1,931.3 million — 22, is forecast to grow to an estimated $1,931.3 million by 2029 - a compound annual growth rate
• $15.1 b — uit (PIC) market is currently valued at $15.1 billion, and will grow at a CAGR of 20.5%
• $38.4 billion — on, and will grow at a CAGR of 20.5% to $38.4 billion in 2029. This illustrated significant a

Filing Documents

• ea0225439-s1_quantum.htm (S-1) — 401KB
• ea022543901ex5-1_quantum.htm (EX-5.1) — 7KB
• ea022543901ex23-1_quantum.htm (EX-23.1) — 2KB
• ea022543901ex-fee_quantum.htm (EX-FILING FEES) — 11KB
• ex5-1_001.jpg (GRAPHIC) — 7KB
• ex5-1_002.jpg (GRAPHIC) — 4KB
• 0001213900-24-110795.txt ( ) — 438KB

Use of Proceeds

Use of Proceeds 25 Determination of Offering Price 25

Business

Business 26 Selling Stockholders 34 Plan of Distribution 35 Where You Can Find More Information 36 Incorporation of Certain Documents by Reference 37 Index to Financial Statements You may only rely on the information contained in this prospectus or that we have referred you to. We have not authorized anyone to provide you with different information. This prospectus does not constitute an offer to sell or a solicitation of an offer to buy any securities other than the Common Stock offered by this prospectus. This prospectus does not constitute an offer to sell or a solicitation of an offer to buy any Common Stock in any circumstances in which such offer or solicitation is unlawful. Neither the delivery of this prospectus nor any sale made in connection with this prospectus shall, under any circumstances, create any implication that there has been no change in our affairs since the date of this prospectus is correct as of any time after its date. i CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This prospectus contains forward-looking statements. Forward-looking statements give our current expectations or forecasts of future events. You can identify these statements by the fact that they do not relate strictly to historical or current facts. Forward-looking statements involve risks and uncertainties and include trends in our market and our anticipated needs for working capital. They are generally identifiable by use of the words “may,” “will,” “should,” “anticipate,” “estimate,” “plans,” “potential,” “projects,” “continuing,” “ongoing,” “expects,” “management believes,” “we believe,” “we intend” or the negative of these words or other va

View Full Filing

View this S-1 filing on SEC EDGAR