M&A
confidence high
sentiment neutral
materiality 0.90
Quantum Computing Inc. (QUBT): M&A transaction — Quantum Computing Inc. completes $110M acquisition of Luminar Semiconductor from Luminar Technologies
Quantum Computing Inc.
- Quantum Computing Inc. acquired all outstanding shares of Luminar Semiconductor, Inc. for $110 million in cash, closed on February 2, 2026.
- This amendment provides audited financial statements of Luminar Semiconductor for years ended December 31, 2025 and 2024.
- Luminar Semiconductor reported net loss of $11.8 million for 2025 and accumulated deficit of $106.2 million as of December 31, 2025.
- Purchase consideration included $97.5 million cash at closing plus $11.0 million held in escrow for indemnification until February 2027.
- Luminar Semiconductor's revenue was $29.8 million in 2025, down from $32.5 million in 2024; gross profit declined from $8.6M to $3.5M.