Quantinuum Files for $1.46 Billion IPO with Target Valuation of $14.3 Billion
Quantinuum, a leading quantum computing company formed in 2021 from the merger of Honeywell's (HON) quantum division and Cambridge Quantum, has filed for an initial public offering seeking to raise up to $1.46 billion at a valuation of around $14.3 billion. The IPO is expected to be priced on June 3 by underwriters JPMorgan Chase (JPM) and Morgan Stanley (MS).
Topics: initial public offering (IPO) investment quantum computing technology