secwatch.observer — SEC 8-K summary
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Issuer:     Rigetti Computing, Inc. (RGTI)
CIK:        0001838359
Form:       8-K
Filed at:   2025-06-11T23:59:59+00:00
Accession:  0001104659-25-058395
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rigetti Computing completes $350M ATM equity offering; cash balance rises to ~$575M
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- Completed sales of $350M gross proceeds via ATM program; sold 30,309,780 shares.
- Pro forma cash & investments of ~$575 million with no debt.
- Proceeds to fund working capital, capex, and possible strategic collaborations or acquisitions.
- Offering conducted under previously disclosed at-the-market equity program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1838359/000110465925058395/0001104659-25-058395-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1838359/000110465925058395/tm2517632d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-058395

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer