Quantinuum Said to Weigh Boosting IPO Size and Price Range (1)

Honeywell International Inc.-backed quantum computing company Quantinuum Inc. is considering increasing the size of its initial public offering, according to a person familiar with the matter.

The company is weighing raising the number of shares offered as well as increasing its share price range by about 10%, the person said, asking not to be identified because the matter is private. That could boost the targeted raise by hundreds of millions of dollars, the person said.

A representative for Quantinuum declined to comment.

Quantinuum last week disclosed plans to market about 21 million shares for $45 to $50 each. At ...