Quantum Computing Raises $500M in Private Placement at Market Price

• The offering is being led by several large existing shareholders alongside a first-time investment from a preeminent global alternative asset manager
• Company’s total cash position expected to be approximately $850 million following closing

HOBOKEN, N.J., Sept. 21, 2025 /PRNewswire/ — Quantum Computing Inc. (“QCi” or the “Company”) (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that it has entered into securities purchase agreements with institutional investors for the purchase and sale of 26,867,276 shares of common stock in an oversubscribed private placement priced at the market under Nasdaq rules. The offering is expected to result in gross proceeds of $500 million, before deducting offering expenses. The closing of the offering is expected to occur on or about September 24, 2025, subject to the satisfaction of customary closing conditions.

Participants in the private…