Stock Track | Quantum Computing Inc. Plunges 7.48% in Pre-market on Planned Share Offering

Stock Track12-11

Quantum Computing Inc. (QUBT) shares plunged 7.48% in the pre-market session on Wednesday, as the innovative photonics and quantum optics technology company announced plans to sell shares in a registered direct offering and a concurrent private placement.

The company has entered into agreements to sell approximately 1.5 million shares of common stock at $5 per share to institutional investors in a registered direct offering. Additionally, Quantum Computing agreed to sell an additional 8.5 million shares at the same price in a private placement.

The total gross proceeds from the offerings are expected to be $50 million, with the closing anticipated on or about Thursday. Quantum Computing stated that it plans to use the net proceeds from the share sale for working capital and general corporate purposes.

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Plunges 7.48% in Pre-market on Planned Share Offering\n</h2>\n\n<h4 class=\"meta\">\n\n2024-12-11 18:14 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Quantum Computing Inc. (QUBT) shares plunged 7.48% in the pre-market session on Wednesday, as the innovative photonics and quantum optics technology company announced plans to sell shares in a ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QUBT","symbol_name":"Quantum Computing Inc.","start_time":0,"source_url":"","article_id":"1169056298","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1169056298","pubTimestamp":1733912054,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Quantum Computing Inc.  shares plunged 7.48% in the pre-market session on Wednesday, as the innovative photonics and quantum optics technology company announced plans to sell shares in a registered direct offering and a concurrent private placement.The company has entered into agreements to sell approximately 1.5 million shares of common stock at $5 per share to institutional investors in a registered direct offering. 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