Honeywell's Quantinuum Targets $12.7B Valuation in IPO
Honeywell's quantum computing unit, Quantinuum, is planning a U.S. IPO targeting a $12.7 billion valuation. The Broomfield, Colorado-based company intends to sell approximately 21 million shares priced between $45 and $50 each, aiming to raise up to $1.05 billion.
Key facts
- Quantinuum is Honeywell's quantum computing unit.
- The IPO targets a $12.7 billion valuation.
- The company is based in Broomfield, Colorado.
- It plans to sell about 21 million shares.
- Shares are priced at $45 to $50 each.
- The IPO aims to raise up to $1.05 billion.
- The listing is on a U.S. stock exchange (Nasdaq implied).
Entities
Institutions
- Honeywell
- Quantinuum
Locations
- Broomfield
- Colorado
- United States
Sources
- Quartz —