Honeywell (HON) announced that Quantinuum (QNT) has publicly filed a registration statement on Form S-1 with the U.S. SEC relating to a proposed initial public offering of shares of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Quantinuum intends to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol “QNT.” J.P. Morgan and Morgan Stanley are acting as joint lead active book-running managers for the proposed offering. Jefferies and Evercore ISI are also acting as active book-running managers.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HON:
- Honeywell-Backed Quantinuum Files for IPO amid Quantum Computing Excitement
- Private Markets: Musk tightens grip at SpaceX, Sierra hits $15B valuation
- Private Markets: True Anomaly lands $650M, Polymarket pushes for U.S. return
- Opening Day: X-energy, Yesway make market debuts
- Honeywell price target lowered to $240 from $245 at Jefferies
