Sep, 2025 : Quantum Firm Infleqtion to Go Public in $1.8B SPAC Deal


Quantum Firm Infleqtion to Go Public in $1.8B SPAC Deal

📅 - Infleqtion, a U.S.-based quantum computing company, is set to go public through a merger with Churchill Capital Corp X, a special purpose acquisition company (SPAC) led by veteran Wall Street dealmaker Michael Klein. The transaction values Infleqtion at approximately $1.8 billion and is expected to provide the company with roughly $540 million in fresh capital before expenses.

That figure combines funds from the SPAC's trust account and more than $125 million in additional financing through a private investment in public equity (PIPE) from institutional investors including Maverick Capital, Counterpoint Global, and Glynn Capital.

The funding is intended to accelerate product development [...][... Check source for end of article ...]
Tags: Quantum Computing

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