---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-025537"
form_type: "8-K"
ticker: "QUBT"
cik: "0001758009"
company_name: "Quantum Computing Inc."
filed_at: "2024-03-25T23:59:59+00:00"
generated_at: "2026-06-04T08:33:40.822092+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Quantum Computing Inc. to redeem all Series A Preferred for $8.2M in 18 monthly payments

## Summary
- Aggregate cash purchase price of $8,195,000 for all outstanding Series A Convertible Preferred Stock at $5.50 per share.
- Redemption in eighteen monthly payments at Company's sole discretion; may be accelerated. Waivers of rights upon each payment.
- Holders waive dividend accrual, participation, and subsequent financing rights month-by-month; waivers forfeited if payment missed.
- As of March 25, 2024, 82,783 shares redeemed for $455,307; 1,407,221 shares remain outstanding.

## SEC filing metadata
- accession: 0001213900-24-025537
- form_type: 8-K
- ticker: QUBT
- cik: 0001758009
- company_name: Quantum Computing Inc.
- filed_at: 2024-03-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758009/000121390024025537/0001213900-24-025537-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758009/000121390024025537/ea0202113-8k_quantum.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-025537
- JSON: https://secwatch.observer/filing/0001213900-24-025537.json
- Plain text: https://secwatch.observer/filing/0001213900-24-025537.txt

## Key facts
- Material Agreements
  Quantum Computing Inc. entered into Redemption and Waiver Agreement with holders of Series A Convertible Preferred Stock valued at $8,195,000 (effective 2024-03-19).
  - Action: entry
  - Agreement: settlement
  - Counterparty: holders of Series A Convertible Preferred Stock
  - Value: $8,195,000
  - Effective: 2024-03-19
  source text: On March 19, 2024, Quantum Computing Inc. (the “Company”) entered into a Redemption and Waiver Agreement (the “Redemption Agreement”) with the holders (the “Holders”) of its Series A Convertible Preferred Stock (the “Preferred Stock”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1758009/000121390024025537/0001213900-24-025537-index.htm

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