Rigetti Computing, Inc. — fact timeline

Rigetti Computing, Inc. entered into Sublease Agreement with Chinook Therapeutics, Inc. valued at Monthly Base Sublease Rent initially $38,111.91, increasing annually; security deposit $50,000; term (effective 2026-04-17).

“On April 17, 2026 (“Effective Date”), Rigetti & Co, LLC. (“Subtenant”), a wholly-owned subsidiary of Rigetti Computing, Inc., entered into a Sublease Agreement (the “Sublease”) with Chinook Therapeutics, Inc. (the “Sublandlord”), pursuant to which Subtenant will lease approximately 12,543 rentable square feet of office and laboratory space located at 740 Heinz Avenue, Berkeley, California, 94710 (the “Premises”) from the Sublandlord.”

Cathy McCarthy departed as Class III director at Rigetti Computing, Inc..

“Cathy McCarthy would not stand for re-election as a Class III director on the Board of Directors of the Company (the “Board”) upon the completion of her current term, which expires at the Company’s 2025 Annual Meeting of Stockholders”

Cathy McCarthy departed as Director at Rigetti Computing, Inc..

“Cathy McCarthy notified Rigetti Computing, Inc. (the “Company”) that she would not stand for re-election to the Board of Directors of the Company”

Rick Danis resigned as General Counsel and Corporate Secretary at Rigetti Computing, Inc..

“On November 6, 2024, Rick Danis, General Counsel and Corporate Secretary of Rigetti Computing, Inc. (the “Company”), informed the Company of his intention to resign from such offices effective as of November 30, 2024”

Rigetti Computing, Inc. reported the three months ended March 31, 2024 results: revenue $3.1 million, net income $20.8 million.

“its financial results for the first quarter ended March 31, 2024. ​ First Quarter 2024 Financial Highlights ● Total revenues for the three months ended March 31, 2024 were $3.1 million ● Total operating expenses for the three months ended March 31, 2024 were $18.1 million ● Operating loss for the three months ended March 31, 2024 was $16.6 million ● Net loss”

Rigetti Computing, Inc. entered into Sales Agreement with Needham & Company, LLC and B. Riley Securities, Inc. valued at up to $100.0 million (effective 2024-03-15).

“On March 15, 2024, Rigetti Computing, Inc. (the “Company”) entered into a sales agreement (the “Sales Agreement”) with Needham & Company, LLC and B. Riley Securities, Inc. (collectively, the “Agents”), pursuant to which the Company may sell from time to time, at its option, shares of the Company’s common stock through the Agents, as sales agent.”

Rigetti Computing, Inc. reported financial results for the three months and full year ended December 31, 2023.

“On March 14, 2024, Rigetti Computing, Inc. (the “Company”) issued a press release announcing its financial results for the three months and full year ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K (“Current Report”) and is hereby incorporated by reference.”