---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-284708"
form_type: "8-K"
ticker: "RGTI"
cik: "0001838359"
company_name: "Rigetti Computing, Inc."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T21:15:39.244259+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Rigetti delays Q3 2022 results, restates Q1/Q2 financials, CEO resigns

## Summary
- Files Form 12b-25 to delay Q3 2022 10-Q; restates Q1 and Q2 2022 financials due to earn-out liability valuation error.
- Estimates ~$1.6M in additional operating expenses for unpaid electric utility fees at Berkeley location since 2019.
- Founder and CEO Chad Rigetti resigns effective Dec. 15, 2022; Rick Danis (General Counsel) appointed Interim CEO.
- Partnerships with Bluefors, Nvidia, and Keysight; 84-qubit Ankaa system planned for early 2023.

## SEC filing metadata
- accession: 0001193125-22-284708
- form_type: 8-K
- ticker: RGTI
- cik: 0001838359
- company_name: Rigetti Computing, Inc.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838359/000119312522284708/0001193125-22-284708-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838359/000119312522284708/d418381d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-284708
- JSON: https://secwatch.observer/filing/0001193125-22-284708.json
- Plain text: https://secwatch.observer/filing/0001193125-22-284708.txt

## Key facts
- Earnings Releases
  Rigetti Computing, Inc. reported financial results for the three and nine-month periods ended September 30, 2022.
  - Period: the three and nine-month periods ended September 30, 2022
  - Result: reported results
  source text: On November 14, 2022, Rigetti Computing, Inc. (“the Company”) issued a press release announcing business and management updates as well as updates regarding the delayed timing of the Company’s financial results for the three and nine-month periods ended September 30, 2022 and matters related thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838359/000119312522284708/0001193125-22-284708-index.htm
- Executive change
  Chad Rigetti resigned as Founder, President and Chief Executive Officer at Rigetti Computing, Inc..
  - Action: resigned
  - Role: Founder, President and Chief Executive Officer
  source text: On November 12, 2022, the board of directors of the Company accepted the previously announced resignation of Dr. Chad Rigetti, the Company’s Founder, President and Chief Executive Officer, from all positions he holds with the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838359/000119312522284708/0001193125-22-284708-index.htm
- Executive change
  Rick Danis was appointed as Interim President and Chief Executive Officer at Rigetti Computing, Inc..
  - Action: appointed
  - Role: Interim President and Chief Executive Officer
  source text: On November 12, 2022, the Company’s board of directors appointed Rick Danis, the Company’s General Counsel and Corporate Secretary, to serve as Interim President and Chief Executive Officer of the Company effective as of such date until a successor to Dr. Rigetti has been appointed.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838359/000119312522284708/0001193125-22-284708-index.htm
- Governance Changes
  Rigetti Computing, Inc.: Amended and restated bylaws to enhance procedural mechanics and disclosure requirements for stockholder nominations and proposals (effective 2022-11-08).
  - Change: bylaw amendment
  - Effective: 2022-11-08
  source text: On November 8, 2022, the Board approved and adopted the Amended and Restated Bylaws of the Company (the “Bylaws”), effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838359/000119312522284708/0001193125-22-284708-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.