Honeywell-Backed Quantinuum Boosts IPO Target to $1.46 Billion
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Quantum Computing:A Quantinuum model H2 quantum computer during a Nvidia Technology Conference) in Washington.Honeywell International Inc.-backed quantum computing company Quantinuum Inc. boosted the size of its initial public offering to as much as $1.46 billion, raising the number of shares offered and the price range.The company is offering 26.5 million shares for $53 to $55 each, according to a filing Monday with the US Securities and Exchange Commission confirming an earlier Bloomberg News report. Quantinuum had previously offered about 21 million shares for $45 to $50 each.