Rigetti Computing raises $100M via registered direct offering of 50M shares at $2.00/share

Rigetti Computing, Inc.

Sold 50,000,000 shares in a registered direct offering at $2.00 per share for gross proceeds of $100M.
Expected closing date November 27, 2024; net proceeds for working capital and general corporate purposes.
Company believes it will be adequately funded to continue technology development without additional capital.
Placement agent A.G.P./Alliance Global Partners receives 5% cash fee; 90-day lock-up on share issuance agreed.

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