June 1 (Reuters) – Honeywell’s Quantinuum is targeting a valuation of up to $14.3 billion in its expanded U.S. market. initial public offering, underscoring the strong investor appetite around quantum computing. The Broomfield, Colorado-based company is now seeking up to $1.46 billion by trading 26.5 million shares valued at $53 to $55 each, it said…
A company backed by Honeywell (HON) aims to conduct one of the largest public market tests yet for commercial quantum computing. Quantinuum is seeking to raise up to $1.05 billion in its initial public offering, offering 21 million shares at $45 to $50 each. At the top of the range, Quantinuum would be valued at…
By Arasu Kannagi Basil May 8 (Reuters) – Industrial giant Honeywell’s Quantinuum publicly filed its paperwork for an initial public offering in the United States on Friday, moving the quantum computing company closer to being listed on the stock market. The IPO market has returned in recent weeks after a brief pause in March, as…
