secwatch.observer — SEC 8-K summary
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Issuer:     Quantum Computing Inc. (QUBT)
CIK:        0001758009
Form:       8-K/A
Filed at:   2023-06-26T23:59:59+00:00
Accession:  0001213900-23-051720
Event type: m_and_a
Sentiment:  negative
Materiality: 0.65
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QUBT files amended 8-K: QPhoton acquisition pro forma shows $83M consideration, $29.3M net loss in 2021
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- Total purchase consideration for QPhoton: ~$83.1M, paid in common stock, Series B preferred, and warrants.
- Pro forma combined net loss for FY2021: $29.3M, with zero revenue.
- Pro forma combined net loss for Q1 2022: $7.6M, on only $31k revenue.
- Goodwill of $59.1M and intangible assets of $25.5M recorded as of Dec 31, 2021.
- Consideration: 5.8M common shares, 2.4M Series B shares, 7.0M warrants; acquisition closed Jun 16, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758009/000121390023051720/0001213900-23-051720-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758009/000121390023051720/ea180834-8ka2_quantum.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-051720

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