IPO - Quantum Computing Inc.

Form Type: S-1

Filing Date: 2025-01-22

Corporate Action: Ipo

Type: New

Accession Number: 000121390025005606

Filing Summary: Quantum Computing Inc. is filing this Registration Statement under the Securities Act of 1933 to register a private investment in public equity (PIPE) offering. The prospectus details the selling of 8,489,797 shares of Common Stock, which includes PIPE Shares issued to Investors and Placement Agent Warrant Shares. The Company will not receive proceeds from the selling shareholders, except for potential proceeds from exercises of the Placement Agent Warrants, expected to be approximately $4.6 million if fully exercised. Quantum Computing Inc. plans to leverage its proprietary technology in the field of quantum computing, highlighting the advantages of its EQC (Entropy Quantum Computer) system, which operates effectively at room temperature and utilizes low power levels. The document outlines the competitive advantages and strategic vision of the Company, focusing on opportunities in the quantum computing market. Recent market reports suggest significant growth potential in quantum devices, particularly in sectors including AI, machine learning, and cybersecurity. The Company is also actively developing optical integrated circuits to enhance its product offerings, aiming for commercial and government market penetration.

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Form Type: CORRESP

Filing Date: 2025-01-02

Corporate Action: Ipo

Type: New

Accession Number: 000121390025000388

Filing Summary: Quantum Computing Inc. is requesting the acceleration of the effective date for its Registration Statement on Form S-1, seeking to have it declared effective on January 6, 2025 at 4:30 pm Eastern Time. This acceleration is in accordance with Rule 461 under the Securities Act of 1933. The request emphasizes the urgency of making the registration effective at the specified time or as soon thereafter as possible. The company's representative, Dr. William McGann, Chief Executive Officer, has provided contact information for counsel to facilitate communication regarding this request.

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