QNT Quantinuum Inc.
Price Chart
Executive Summary
The SEC declared effective Quantinuum Inc.'s S-1 registration statement for its initial public offering of Class A common stock. The company, a full-stack quantum computing firm, can now proceed to price and list on Nasdaq under the ticker QNT, with the most recent terms indicating 26.5 million shares at $53.00-$55.00 per share.
Actionable Insight
IPO pricing is imminent, likely within 1-2 trading days. The quantum computing sector is high-risk with no near-term profitability, but the CHIPS Act catalyst and Honeywell backing provide credibility. Monitor pricing vs. the $53-$55 range and first-day trading for demand signals.
Key Facts
- Effectiveness date: June 3, 2026, for SEC File No. 333-295701.
- IPO registration for Class A common stock of Quantinuum Inc. is now effective.
- Most recent S-1/A (June 1, 2026) proposed 26.5 million shares at $53.00-$55.00 per share.
- Company is a leading full-stack quantum computing company using trapped-ion technology.
- Q1 2026 revenue of $5.2M, net loss of $136.6M, cash of $677M.
- Proceeds will purchase Common Units from Quantinuum Holdings for general corporate purposes.
- Honeywell expected to hold ~48.1% voting power post-IPO via Up-C structure.
- Non-binding LOI with Dept. of Commerce for up to $100M CHIPS Act funding.
- Application to list on Nasdaq under symbol QNT.
Financial Impact
IPO expected to raise approximately $1.4 billion at the midpoint of the $53.00-$55.00 range (26.5M shares), before underwriting discounts and expenses.
Risk Factors
- Pre-revenue company with significant operating losses ($136.6M net loss on $5.2M revenue in Q1 2026).
- Up-C structure gives Honeywell ~48.1% voting control, limiting minority shareholder influence.
- Quantum computing commercialization timeline is uncertain; no guarantee of market adoption.
- CHIPS Act LOI is non-binding and subject to execution risk.
- Potential dilution from future equity issuances or unit exchanges.
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| EFFECT Filing (Primary) | 9999999995-26-001867 |
| Document: 9999999995-26-001867-index.html | 9999999995-26-001867 |
| Document: 9999999995-26-001867.txt | 9999999995-26-001867 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 8, 2026
8d ago
|
Insider Buy
| $54.94 $57.91 | ▲ +5.41% | ▲ +2.99% | $55.43 (+0.89%) |
|
Jun 8, 2026
8d ago
|
Insider Cluster
| $54.94 $57.91 | ▲ +5.41% | ▲ +2.99% | $55.43 (+0.89%) |
|
Jun 4, 2026
12d ago
|
3
| $56.26 $55.26 | ▼ −1.78% | ▼ −2.35% | $55.43 (−1.48%) |
|
Jun 4, 2026
12d ago
|
3
| $56.26 $55.26 | ▼ −1.78% | ▼ −2.35% | $55.43 (−1.48%) |
|
Jun 4, 2026
13d ago
|
EFFECT
| $60.38 $56.49 | ▼ −6.44% | ▼ −3.89% | $55.43 (−8.20%) |
|
Jun 1, 2026
15d ago
|
S-1/A
| — | awaiting T+5 | — | — |
|
May 26, 2026
21d ago
|
S-1/A
| — | awaiting T+5 | — | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access