Lucosky Brookman LLP Represents Quantum Computing Inc. on $200 Million Private Placement to Accelerate Commercialization and Strategic Growth
Quantum Computing Inc., a leader in integrated photonics and quantum optics technology, has successfully closed its $200 million private placement of common stock, reflecting significant institutional support for the Company’s commercialization strategy and market trajectory.
The offering included the sale of 14,035,089 shares of common stock at $14.25 per share, led by several preeminent global investment firms. The transaction brings QCi’s total cash position to over $350 million, with no debt, positioning the Company to accelerate execution across its strategic roadmap.
Lucosky Brookman LLP served as legal counsel to Quantum Computing Inc. Titan Partners Group, a division of American Capital Partners, acted as the sole placement agent.
The newly raised capital will support key corporate initiatives:
- Acceleration of commercialization efforts across QCi’s quantum computing and thin-film lithium niobate (TFLN) foundry services
- Funding for strategic acquisitions and partnerships
- Expansion of R&D and product development in photonic-based computing, AI, and remote sensing
- Support for general corporate purposes and working capital needs
QCi delivers innovative quantum solutions designed to operate at room temperature and low power, enabling scalable, accessible systems for high-performance computing, artificial intelligence, cybersecurity, and remote sensing applications. Its proprietary TFLN-based photonic chips offer a compelling path forward for next-generation quantum and optical computing.