MilestoneIndustryConfirmed
Quantinuum raises $1.68 billion in its Nasdaq IPO
Jun 4, 2026
Quantinuum, which builds trapped-ion quantum computers, began trading on Nasdaq under the ticker QNT on June 4, 2026, after pricing 28 million shares at $60 each. The offering closed on June 5 with gross proceeds of $1.68 billion, and the shares opened at $68 on the first day.
Why it matters
The listing gave one of the main quantum hardware makers over a billion dollars to scale up its machines and tested public investors' appetite for quantum computing companies.
Sources (3)
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Quantinuum
Quantinuum Announces Pricing of Upsized Initial Public Offering
“today announced the pricing of the upsized initial public offering of 28,000,000 shares of its Class A common stock at a price to the public of $60.00 per share.”
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Quantinuum
Quantinuum Announces Closing of Upsized Initial Public Offering
“The aggregate gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses were $1.68 billion.”
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Quartz (via Yahoo Finance)
Quantinuum QNT stock surges above IPO price on Nasdaq debut
“Thursday's Nasdaq debut put Quantinuum shares at $68 when trading began, a 13% premium over the IPO price that translated into a market capitalization of approximately $17.6 billion.”
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