Overview

• QCi entered agreements to sell 37,183,937 shares in a market‑priced private placement expected to raise $750 million, with closing targeted on or about October 8 pending customary conditions.
• The transaction was led by the company’s largest existing shareholders, and Titan Partners Group is serving as the sole placement agent.
• Proceeds are earmarked to fund commercialization, build volume production capacity, pursue strategic acquisitions, expand sales and engineering teams, and support working capital.
• The company expects pro‑forma cash of roughly $1.55 billion after closing and cites $1.64 billion raised since November 2024; the new shares will be unregistered at issuance, with a resale registration to be filed with the SEC.
• Shares fell about 10.5% intraday on the announcement, as QCi remains a development‑stage business with less than $1 million in annual revenue and heightened dilution and execution risk.