Rigetti enters collaboration with Quanta; Quanta to invest $35M in Rigetti shares

Rigetti Computing, Inc.

Strategic collaboration with Quanta Computer (Taiwan) to develop non-QPU quantum components like control systems, dilution refrigerators, flexible cables.
Each party commits to invest at least $250M in quantum computing over 5 years under the Collaboration Agreement.
Quanta to purchase 3,020,412 shares of Rigetti common stock at $11.58782/share for ~$35M in a private placement.
Closing subject to BIS clearance (30-day waiting period) and other conditions; shares locked up for 3 years.
Rigetti retains ownership of all QPU technology; jointly developed IP to be co-owned equally.

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