Quantum Computing Inc. raises $500M in oversubscribed private placement; cash ~$850M

Quantum Computing Inc.

Gross proceeds of $500M from sale of 26,867,276 shares in private placement priced at market under Nasdaq rules.
Offering oversubscribed, led by large existing shareholders and first-time investment from a global alternative asset manager.
Company expects cash position of approximately $850 million following closing on September 24, 2025.
Proceeds to accelerate commercialization, strategic acquisitions, and expand sales/engineering personnel.
Total gross capital raised since November 2024 reaches approximately $900 million.

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