The quantum computing firm plans to offer 21.05 million shares at $45-$50, aiming for $1.05 billion in proceeds.
Quantinuum Inc. is targeting a $12.7 billion valuation in its U.S. initial public offering, listing on the Nasdaq under the ticker QNT. The company plans to sell approximately 21.05 million shares priced between $45 and $50, potentially raising up to $1.05 billion.
In 2025, Quantinuum reported $30.9 million in revenue and a $192.6 million net loss, compared to $23 million in revenue and a $144.1 million loss the prior year. For the quarter ending March 31, 2026, revenue was $5.2 million with a $136.6 million net loss. Cash reserves stood at $677 million as of that date.
Honeywell will retain roughly 49.1% of combined voting power post-IPO and continue as a customer and partner. The IPO follows a $2 billion U.S. government initiative to bolster quantum computing, with Quantinuum set to receive $100 million from the package.