Quantum-Si pays $11M to settle lease litigation and terminate New Haven lease

Quantum-Si Inc

Settles lawsuit with landlord Winchester Office LLC; terminates lease at 115 Munson St, New Haven effective Sept 23, 2025.
Total settlement payment of $11M; net of $573k security deposit forfeiture and $273k Sep rent credit, cash payment $10.15M due Sep 26.
Lease originally ran to July 2032; early exit removes future rent obligations but requires large near-term cash outlay.
Confidentiality and non-disparagement terms agreed; company retains right to disclose to SEC as required.

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