Quantum Computing Inc. (QUBT) has completed the acquisition of all outstanding common stock of NHanced Semiconductors, Inc., a Delaware corporation, effective June 22, 2026. This transaction establishes NHanced as a wholly-owned subsidiary of QUBT and is expected to contribute to the company's manufacturing and commercialization initiatives.

Key Details

  • Closing Consideration: The purchase price at closing consists of $68.1 million in cash (subject to adjustments) and $5.0 million in QUBT common stock.
  • Earnout Potential: Sellers are eligible for up to an additional $72.0 million in earnout payments based on NHanced achieving specified revenue and EBITDA thresholds for the fiscal years ending December 31, 2027, and December 31, 2028.
  • Holdback Provision: $20.0 million of the closing cash consideration has been placed into an escrow account, which will be released to the sellers upon NHanced meeting specified revenue targets for 2027 and 2028.