Why Is Quantinuum Stock Surging On Thursday? - Quantinuum (NASDAQ:QNT)

Quantinuum Inc. (Nasdaq: QNT) said it has closed an upsized IPO of 28,000,000 shares of its Class A common stock at $60.00 per share. The offering raised $1.68 billion in gross proceeds, before underwriting discounts and expenses, with all shares sold by Quantinuum. J.P. Morgan and Morgan Stanley were joint lead managers.

Quantinuum Inc. (Nasdaq: QNT) said it has closed an upsized IPO of 28,000,000 shares of Class A common stock at $60.00 per share. The company reported $1.68 billion in gross proceeds before underwriting discounts and expenses. The SEC declared the registration statement effective June 3, 2026. J.P. Morgan and Morgan Stanley led the offering.

Quantinuum, Honeywell’s quantum computing unit, raised $1.68 billion in a U.S. IPO priced at $60 per share, selling 28 million shares, the company said. It begins Nasdaq trading Thursday under ticker QNT. Honeywell will retain about 48.1% of voting power. The deal tests investor demand for quantum computing as the sector’s progress boosts expectations.

Quantinuum Inc (NASDAQ: QNT) began trading on its first Nasdaq session at $68 per share, up 13.3% from its $60 IPO price on 28 million shares, according to Benzinga. Pre-market indications ranged from about $61.50 to a peak near $78 before stabilizing at $68 for the opening print, reflecting strong institutional and retail demand.

Quantinuum, a Honeywell-backed quantum computing company, is preparing for a Nasdaq debut and is seeking a valuation of up to $14.3 billion, according to the article. The planned offering could be among the largest in the sector, and traders may use its pricing as a reference point for other quantum stocks ahead of listing.

Quantinuum, backed by Honeywell, priced its Nasdaq IPO at $60 per share, above the marketed $53–$55 range, raising about $1.68bn by selling 28m shares (upsized from 26.5m), according to Reuters. The deal values the firm at about $15.6bn. It trades Thursday under ticker QNT.