According to Bloomberg, Honeywell International’s quantum computing subsidiary, Quantinuum Inc., has filed for an IPO with the U.S. Securities and Exchange Commission (SEC), planning to issue approximately 21 million shares at a price range of $45 to $50 per share, aiming to raise $1.05 billion through the offering. At the upper end of the price range, the company’s valuation would reach $12.7 billion.
Quantinuum Seeks $1.05 Billion in IPO at $45–$50 per Share
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Summary
Quantinuum, the quantum computing division of Honeywell, has filed for a $1.05 billion IPO with the SEC, offering 21 million shares at $45 to $50 each. The offering could value the company at up to $12.7 billion. Exchange flows may shift as investors monitor altcoins to watch in the tech and crypto markets.
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