Quantum Computing Inc. — fact timeline

Quantum Computing Inc. completed an acquisition involving Luminar Technologies, Inc. for $110.0 million in cash (closed 2026-02-02).

“and outstanding shares of common stock of LSI from the Seller (the “Acquisition”). The Transaction was completed on February 2, 2026 (the “Closing Date”). The purchase price was $110.0 million in cash, subject to a dollar-for-dollar adjustment to the extent that the working capital at closing is greater or less than the target working capital of $8.1 million. The”

Quantum Computing Inc. completed an acquisition involving Luminar Technologies, Inc. for $110 million (closed 2026-02-02).

“of acquiring Luminar Semiconductor, Inc. (“LSI”), a wholly owned subsidiary of Luminar Technologies, Inc. (“Luminar”) (Nasdaq: LAZR), in an all-cash transaction valued at $110 million (the “Transaction”). The acquisition represents a significant milestone in QCi’s strategy to build a vertically integrated, product-driven photonics and quantum technology”

Quantum Computing Inc. entered into Stock Purchase Agreement with Luminar Technologies, Inc. valued at total purchase price of $110.0 million (effective 2025-12-15).

“On December 15, 2025, Quantum Computing Inc., a Delaware corporation (the “Company”), entered into a Stock Purchase Agreement (the “Stock Purchase Agreement”) with Luminar Technologies, Inc., a Delaware corporation (the “Seller”) and Luminar Semiconductor, Inc., a Delaware corporation (the “Target”), pursuant to which, subject to the terms and conditions set forth in the Stock Purchase Agreement, the Company agreed to acquire all of the issued and outstanding shares of common stock of the Target from the Seller (the “Transaction”) for a total purchase price of $110.0 million in cash (the “Purchase Price”).”

Quantum Computing Inc. issued 37,183,937 shares of common stock for approximately $750 million.

“stock, par value $0.0001 per share (the “Common Stock”). The closing of the Placement occurred on October 8, 2025. The Placement resulted in gross proceeds of approximately $750 million before deducting placement agent commissions and other offering expenses. The issuance of the Placement Shares was not registered under the Securities Act of 1933, as amended”

Quantum Computing Inc. issued 26,867,276 shares of common stock to the Purchasers for gross proceeds of approximately $500 million.

“stock, par value $0.0001 per share (the “Common Stock”). The closing of the Placement occurred on September 24, 2025. The Placement resulted in gross proceeds of approximately $500 million before deducting placement agent commissions and other offering expenses. The issuance of the Placement Shares was not registered under the Securities Act of 1933, as amended”

Christopher Roberts was appointed as Chief Financial Officer and General Counsel at Quantum Computing Inc..

“the Board appointed Mr. Christopher Roberts as the Company’s Chief Financial Officer and General Counsel effective June 20, 2025”

Christopher Boehmler departed as Chief Financial Officer at Quantum Computing Inc..

“On June 16, 2025, in conversations with representatives of the Board of Directors (the “Board”) of Quantum Computing Inc. (the “Company”) Mr. Christopher Boehmler indicated that he would step down as the Company’s Chief Financial Officer (the “CFO Retirement”) effective June 19, 2025”

Milan Begliarbekov was appointed as Chief Operating Officer at Quantum Computing Inc..

“On May 2, 2025, the Board of Directors (the “Board”) of Quantum Computing Inc. (the “Company”) appointed Dr. Milan Begliarbekov, Ph.D, to the position of the Company’s Chief Operating Officer, effective immediately.”

Yuping Huang was appointed as Interim Chief Executive Officer and President at Quantum Computing Inc..

“On April 11, 2025, the Board appointed Dr. Yuping Huang to serve as the Company’s Interim Chief Executive Officer and President effective upon the effectiveness of Dr. McGann’s resignation.”

William McGann resigned as Chief Executive Officer and President at Quantum Computing Inc..

“On April 11, 2025, Dr. William McGann notified the board of directors of Quantum Computing Inc. (the “Company”) of his decision to retire and resign from his roles as Chief Executive Officer and President of the Company effective May 12, 2025”

Eric M. Schwartz was appointed as member of the Board at Quantum Computing Inc..

“On March 26, 2025, the board of directors (the “Board”) of Quantum Computing Inc. (the “Company”) appointed Eric M. Schwartz as a member of the Board, effective immediately.”

Quantum Computing Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

“May 13, 2024, Quantum Computing Inc. (the “Company”) received a deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2) because the closing bid price for its common stock has been below $1.00 per share for 31 consecutive business days. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days from the date of such notice, or until November 11, 2024, to regain compliance with the minimum bid price requirement. To regain compli”

Quantum Computing Inc. dismissed BF Borgers CPA PC as its auditor.

“Effective May 3, 2024, Quantum Computing Inc. (the “Company”) dismissed BF Borgers CPA PC (“BF Borgers”) as its independent registered public accounting firm.”

Dr. Javad Shabani was appointed as Director at Quantum Computing Inc..

“On April 19, 2024, the Board of Directors (the “Board”) of Quantum Computing Inc. (the “Company”) appointed Dr. Javad Shabani as a member of the Board (the “Appointment”).”

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).

“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”).”

Bertrand Velge resigned as Member of the Board of Directors at Quantum Computing Inc..

“On November 20, 2023, Mr. Bertrand Velge submitted his resignation from his position as a member of the Board of Directors (the “Board”) of Quantum Computing Inc. (the “Company”), effective immediately, due to medical reasons.”

Quantum Computing Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

“November 16, 2023, Quantum Computing Inc. (the “Company”) received a deficiency notification letter from the Listing Qualifications Staff of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2) because the bid price for the Company’s common stock had closed below $1.00 per share for the previous 30 consecutive business days. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company can regain compliance with the minimum bid price requirement at any time within the 180 calendar day period following receipt of the Na”

Quantum Computing Inc. shareholders approved Ratification of the selection of BF Borgers CPA PC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-11-07 meeting.

“Ratification of the selection of BF Borgers CPA PC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 45,872,780 99.05 % 435,430 206,340”

Quantum Computing Inc. shareholders approved Non-binding advisory vote to approve compensation of the company's named executive officers at the 2023-11-07 meeting.

“Non-binding advisory vote to approve compensation of the company’s named executive officers 33,121,588 94.64 % 1,875,843 202,018 11,315,101”

Quantum Computing Inc. shareholders approved Election of Robert Liscouski, Robert Fagenson, Michael Turmelle, Bertrand Velge, Yuping Huang, and Carl Weimer as directors to each serve a one-year term at the 2023-11-07 meeting.

“Election of Robert Liscouski 35,016,838 99.48 % 182,611 11,315,101”

Quantum Computing Inc. amended ATM Amendment with Ascendiant Capital Markets, LLC valued at increase from $25,000,000 to $50,000,000 (effective 2023-08-17).

“On August 17, 2023, the Company and ACM entered into an amendment (the “ATM Amendment”) to the ATM Agreement, increasing the amount of Common Stock the Company may offer and sell via the “at the market” equity offering program from $25,000,000 to $50,000,000”

Christopher Boehmler was appointed as Chief Financial Officer at Quantum Computing Inc..

“Concurrent with the CFO Resignation, the Board appointed Mr. Christopher Boehmler as the Company’s Chief Financial Officer effective July 1, 2023 (the “CFO Appointment”).”

Christopher Roberts resigned as Chief Financial Officer at Quantum Computing Inc..

“On June 21, 2023, Mr. Christopher Roberts notified the Board of Directors (the “Board”) of Quantum Computing Inc. (the “Company”) that he will step down as the Company’s Chief Financial Officer (the “CFO Resignation”) effective June 30, 2023 (the “Effective Date”).”

Quantum Computing Inc. reported full year ending December 31, 2022 results: revenue approximately $136,000, net income $38.6 million. Guidance initiated.

“Revenue during 2022, the company’s first revenues, totaled approximately $136,000 (55% gross margin) and is attributed to multi-month, professional services contracts with several commercial and government customers.”

Dr. Carl Weimer was appointed as Director at Quantum Computing Inc..

“On January 4, 2023, the Board of Directors (the “Board”) of Quantum Computing Inc. (the “Company”) appointed Dr. Carl Weimer, PhD as a member of the Board (the “Appointment”).”

Quantum Computing Inc. entered into At-The-Market Issuance Sales Agreement with Ascendiant Capital Markets, LLC valued at $25,000,000 (effective 2022-12-05).

“On December 5, 2022, Quantum Computing Inc. (the “Company”) entered into an At-The-Market Issuance Sales Agreement (the “ATM Agreement”) with Ascendiant Capital Markets, LLC (“Ascendiant”) under which the Company may offer and sell, from time to time at its sole discretion, shares of the Company’s common stock”

Yuping Huang was appointed as Director at Quantum Computing Inc..

“On June 14, 2022, in connection with the Transactions, the Board appointed Mr. Huang to serve as the Company’s Chief Quantum Officer and as a member of the Board, effective as of the Closing Date.”

Yuping Huang was appointed as Chief Quantum Officer at Quantum Computing Inc..

“On June 14, 2022, in connection with the Transactions, the Board appointed Mr. Huang to serve as the Company’s Chief Quantum Officer and as a member of the Board, effective as of the Closing Date.”

Michael Turmelle was appointed as Director at Quantum Computing Inc..

“On December 30, 2021, the Board appointed Mr. Michael Turmelle as a member of the Board, effective immediately.”

William McGann was appointed as Chief Operating Officer and Chief Technology Officer at Quantum Computing Inc..

“Concurrent with this resignation from the Board, Dr. McGann was appointed as the Company’s Chief Operating Officer and Chief Technology Officer as further described below.”