Quantum Computing Inc. (QCi) (Nasdaq: QUBT) has entered into securities purchase agreements for an oversubscribed private placement of common stock, which is expected to result in gross proceeds of $500 million. The offering was led by several large existing shareholders alongside a first-time investment from a global alternative asset manager. This financing brings the company’s total gross capital raised since November 2024 to approximately $900 million.
The company intends to use the net proceeds from the offering to accelerate its commercialization efforts, pursue strategic acquisitions, expand its sales and engineering personnel, and strengthen its manufacturing capabilities. QCi is an integrated photonics and quantum optics technology company that provides quantum machines and foundry services for the production of photonic chips based on thin-film lithium niobate (TFLN). Dr. Yuping Huang, CEO and Chairman of the Board of QCi, noted that this financing enables the company to execute its multi-year growth plan.
Following the closing, which is expected on or about September 24, 2025, the company’s total cash position is expected to be approximately $850 million. The offering was priced at the market under Nasdaq rules, and Titan Partners Group, a division of American Capital Partners, is acting as the sole placement agent.
Read the full announcement here.
September 22, 2025
