Quantum Computing Inc. - Common Stock (QUBT)

NEW YORK, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Quantum Computing, Inc. (“Quantum Computing” or the “Company”) (NASDAQQUBT) on behalf of Quantum Computing stockholders. Our investigation concerns whether Quantum Computing has violated the federal securities laws and/or engaged in other unlawful business practices.

Quantum Computing (NASDAQQUBT) (“QCi”), an innovative, integrated photonics and quantum optics technology company, recently announced its entry into securities purchase agreements with institutional investors for the purchase and sale of 8,163,266 shares of common stock in a private placement at a purchase price of $12.25 per share. The company expects gross proceeds of $100 million from the offering, of which it intends to use the net for working capital and general corporate purposes. With anticipated net proceeds, combined with existing cash reserves, Quantum Computing expects to have sufficient resources to continue advancing and expanding the development and manufacturing of its photonics, thin-film lithium niobate (“TFLN”), and quantum technologies. Titan Partners Group, a division of American Capital Partners, is acting as the sole placement agent for the offering.

Quantum Computing (NASDAQQUBT) (“QCi”), an innovative, integrated photonics and quantum optics technology company, recently announced its entry into securities purchase agreements with institutional investors for the purchase and sale of 1,540,000 shares of common stock, each at a price of $5.00, pursuant to a registered direct offering. In a concurrent private placement, the company entered into securities purchase agreements for the purchase and sale of an additional 8,460,000 shares of its common stock at the same price. Quantum Computing expects aggregate gross proceeds of $50 million, of which it intends to use the net for working capital and general corporate purposes. With the anticipated net proceeds, combined with existing cash reserves, the company expects to have sufficient resources to continue advancing the development of its quantum technologies, including not only the initial buildout but also the potential expansion of its U.S.-based thin film lithium niobate (“TFLN”) Photonic Chip Foundry in Tempe, Arizona, which remains on track for completion in Q1 2025. Titan Partners Group, a division of American Capital Partners, is acting as the sole placement agent for the offerings.

EQNX::TICKER_START (NASDAQZENA),NASDAQ:RGTINASDAQRGTI)(NYSE:QBTSNYSEQBTS,(NYSE:IONQNYSE),(NASDAQ:QUBTQUBT) EQNX::TICKER_END

Quantum (NASDAQQUBT) (“QCi”), an innovative, integrated photonics and quantum optics technology company, recently announced its entry into a securities purchase agreement for the purchase and sale of 16,000,000 shares of common stock, each at a purchase price of $2.50, priced at-the-market under Nasdaq rules, pursuant to a registered direct offering. Of the expected gross proceeds to QCI of $40 million, the company intends to use the net for the repayment of debt, working capital and general corporate purposes. Titan Partners Group, a division of American Capital Partners is acting as the sole placement agent for the offering.

Some of the best and brightest trends and innovators from the Benchmark Company’s 12th Annual Discovery Conference were featured in a recent Nasdaq news article written by Ari Zoldan, CEO of Quantum Media Group and Adjunct Professor at Yeshiva University. The piece shines the spotlight on various companies, all operating in high-growth sectors and developing cutting-edge technologies with the potential for tremendous future gains.

PALM BEACH, Fla., Dec. 12, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Quantum Computing is on the forefront of technological innovation. As the next evolution in computational science, quantum computing leverages the principles of quantum mechanics to perform complex calculations exponentially faster than traditional computers. Quantum-classical computing can process large amounts of data in parallel, making it ideal for modeling complex systems like weather. According to a report from Quantum Zeitgeist, the global weather forecasting market, valued at $2.39 billion in 2022, is expected to grow over 6% annually in the next six years. The report said: “A non-profit research corporation and an international bank are exploring the use of hybrid quantum-classical computing to improve weather forecasting. The researchers are testing a flexible Hybrid Quantum Reservoir Computing (HQRC) algorithm on weather-related problems. The Potential of Quantum-Classical Computing in Weather Forecasting - Weather systems are inherently complex, with numerous variables interacting in nonlinear ways. Traditional computational methods often struggle to accurately capture the intricacies of these systems due to the high computational demands required for predictability. Small errors in models can lead to significant divergences in forecast outcomes. However, quantum-classical computing offers a promising avenue due to its ability to process vast amounts of data in parallel, making it well suited for modelling chaotic systems.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Rigetti Computing NASDAQ: RGTINASDAQRGTI)(NYSE: QBTSNYSEQBTS, IonQ (NYSE: IONQNYSE), Quantum Computing Inc. (NASDAQ: QUBTQUBT).

The Benchmark Company’s Discovery Conference was featured in a recent Nasdaq news article written by Ari Zoldan, CEO of Quantum Media Group and Adjunct Professor at Yeshiva University. The piece, titled “Some of the Best Ideas from the 12th Annual Benchmark Discovery Conference,” highlights various innovative companies, all operating in high-growth sectors and developing cutting-edge technologies with the potential for tremendous future gains.

Quantum Computing Inc to Present at 10:30 a.m. Eastern Time on Thursday, October 12, 2023

Quantropi Inc., a provider of complete quantum cryptography solutions for data and communications, today announced that Dr. Brian LaMacchia, recently retired from Microsoft Corporation as a Distinguished Engineer and head of the Security and Cryptography team within Microsoft Research, will join Quantropi’s Board of Advisors. Dr. LaMacchia will strategically leverage his extensive knowledge, expertise, and experience of quantum-secure public-key cryptographic algorithms and protocols to help further the company’s rapid growth and success.

Quantum computing is a rapidly developing field that has the potential to revolutionize the way we process and analyze data.

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of QPhoton to Quantum Computing Inc. (“QCI” or the “Company”) (NasdaqCM: QUBT). Under the terms of the proposed transaction, QCI will issue to QPhoton’s stockholders aggregate merger consideration consisting of: 5,802,206 shares of QCI’s common stock, 2,377,028 shares of a new series of QCI’s preferred stock, convertible into 23,770,280 shares of common stock (subject to receipt of the approval of QCI’s stockholders), and warrants exercisable, at a purchase price of $0.0001 per share, to purchase up to 7,028,337 shares of common stock (subject to receipt of the approval of QCI’s stockholders). The merger consideration is subject to adjustment under certain circumstances, such that it will represent in total approximately 49% of the total capital stock of QCI outstanding immediately following the closing. KSF is seeking to determine whether the merger and the process that led to it are adequate and fair to the Company’s shareholders.