BRIEF-Quantum Computing Inc. Advances Commercial Platform Strategy With Stalking Horse Bid For Luminar's Lidar Business

Quantum Computing Inc. +3.46%

Quantum Computing Inc.

QUBT

6.87

+3.46%

Jan 12 (Reuters) - Quantum Computing Inc QUBT.O:

  • QUANTUM COMPUTING INC. ADVANCES COMMERCIAL PLATFORM STRATEGY WITH STALKING HORSE BID FOR LUMINAR'S LIDAR BUSINESS

  • QUANTUM COMPUTING INC: PROPOSED DEAL WILL BE COMPLETED IN CONNECTION WITH LUMINAR'S ONGOING CHAPTER 11 PROCESS

  • QUANTUM COMPUTING: UNDER STALKING HORSE DEAL, CO AGREED TO SERVE AS INITIAL BIDDER FOR REMAINING LUMINAR ASSETS AT PURCHASE PRICE OF ABOUT $22 MILLION

Source text: ID:nPn82qfVqa

Further company coverage: QUBT.O


((Reuters.Briefs@thomsonreuters.com;))

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