Trading Starts for Quantinuum Today After Upsized IPO -- WSJ

Dow Jones06-04 22:37

By Heather Gillers

Quantum computing company Quantinuum is slated to begin publicly trading Thursday after it raised $1.68 billion in an upsized IPO.

The Colorado-based company said Wednesday it sold 28 million shares for $60 each and has granted underwriters the option to sell another 4.2 million depending on demand. That brings the company's total valuation to around $15 billion.

Honeywell, which helped form the firm in 2021, is expected to maintain a majority stake. Shares will trade under the ticker QNT.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

June 04, 2026 10:37 ET (14:37 GMT)

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