Honeywell Quantinuum targets 14.3 billion dollar IPO
The Colorado-based quantum computing firm is seeking to raise up to 1.46 billion dollars by offering 26.5 million shares priced between 53 and 55 dollars each. Quantinuum is expected to list on the Nasdaq this Thursday under the symbol QNT as investor interest in the sector remains strong.
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Honeywell International Inc subsidiary Quantinuum is seeking a $14.3B valuation in an upsized United States IPO. The quantum computing firm raised its target to $1.46B, up from an earlier $1.05B goal. The offering tests investor appetite for specialized hardware before larger listings hit the market.
