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Honeywell's Quantinuum raises $1.68 billion in US IPO as quantum computing heats up

Honeywell's Quantinuum raises $1.68 billion in US IPO as quantum computing heats up June 3 : Honeywell's Quantinuum said on Wednesday it has raised $1.68 billion in its U.S. initial public offering after pricing shares at $60 apiece, as investors flocked to one of the market's fast-growing emerging technology sectors. Broomfield, Colorado-based Quantinuum sold 28 million shares in the offering. Reuters exclusively reported the pricing details earlier in the day.

Channel News Asia 6d ago

Honeywell's Quantinuum eyes $14.3 billion valuation in upsized US IPO

Honeywell's Quantinuum eyes $14.3 billion valuation in upsized US IPO June 1 : Honeywell's Quantinuum is targeting a valuation of up to $14.3 billion in its upsized U.S. initial public offering, underscoring robust investor appetite around quantum computing. The Broomfield, Colorado-based company is now seeking up to $1.46 billion by marketing 26.5 million shares priced between $53 and $55 apiece, it said on Monday. It had earlier aimed to raise up to $1.05 billion by offering about 21.1...

Channel News Asia 9d ago

Exclusive-Honeywell's Quantinuum raises $1.68 billion in US IPO as quantum computing heats up, source says

Exclusive-Honeywell's Quantinuum raises $1.68 billion in US IPO as quantum computing heats up, source says June 3 : Honeywell's Quantinuum raised $1.68 billion in its U.S. initial public offering after pricing shares at $60 apiece, a source familiar with the matter said on Wednesday, as investors flocked to one of the market's fast-growing emerging technology sectors. Broomfield, Colorado-based Quantinuum sold 28 million shares in the offering, the source said. The company did not...

Channel News Asia 6d ago

Honeywell-Backed Quantinuum Boosts IPO Target to $1.46 Billion

A Quantinuum model H2 quantum computer during the Nvidia GTC (GPU Technology Conference) in Washington, DC, US, on Wednesday, Oct. 29, 2025. Nvidia Corp. achieved a historic $5 trillion market capitalization on Wednesday as Chief Executive Officer Jensen Huang's spree of deals catapults the artificial intelligence frenzy to new heights.

Bloomberg Technology 9d ago

Honeywell-Backed Quantinuum Boosts IPO Target to $1.46 Billion

A Quantinuum model H2 quantum computer during the Nvidia GTC (GPU Technology Conference) in Washington, DC, US, on Wednesday, Oct. 29, 2025. Nvidia Corp. achieved a historic $5 trillion market capitalization on Wednesday as Chief Executive Officer Jensen Huang's spree of deals catapults the artificial intelligence frenzy to new heights.

Bloomberg Markets 9d ago

Honeywell-Backed Quantinuum Shares Jump 13% After Upsized IPO

Quantinuum Inc. signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, June 4, 2026. Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., raised $1.68 billion in its upsized US initial public offering, demonstrating growing investor enthusiasm for the emerging technology.

Bloomberg Technology 6d ago

Honeywell-Backed Quantinuum Shares Jump 13% After Upsized IPO

Quantinuum Inc. signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, June 4, 2026. Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., raised $1.68 billion in its upsized US initial public offering, demonstrating growing investor enthusiasm for the emerging technology.

Bloomberg Markets 6d ago

Honeywell’s quantum company goes public. What investors should know about the IPO

Honeywell-backed Quantinuum saw shares jump as much as 19% to over $71 each in their Thursday debut. The quantum company's stock closed well off those highs, up less than 1%, bringing the market cap to $15.66 billion. Roughly 28 million Quantinuum shares were priced at $60 apiece Wednesday night, above its previous expected range of $53 to $55.

CNBC 5d ago

Here are the 4 big things we're watching in the stock market in the week ahead

Earnings season isn't over just yet. Plus, there are plenty of other important updates coming our way this week, from influential tech conferences to jobs data and spin-off milestones. Let's dive into it all.

CNBC 10d ago