Quantum Computing Inc. (QUBT) shares fell over 5% after filing to register 13.5 million additional shares. The company submitted a Form S-8 with the SEC to facilitate employee equity compensation.
The registration increases the total shares reserved under the 2022 Equity and Incentive Plan to 30 million. These shares will fund future stock options and awards for employees, executives, and directors.
Investors reacted to the prospect of future dilution, although the filing does not represent a public sale to raise capital. Shareholders previously approved the expanded share reserve on June 24.