Quantinuum IPO Pre-market Plunge 13.78%, Currently Trading at $93.65

BlockBeats News, May 30th, according to Binance's Pre-IPO data, Quantinuum's IPO pre-trading contract fell by 13.78% in the past 24 hours, currently at $93.65, with a 24-hour trading volume of $22.91 million.

The pre-trading contract for OPENAI rose by 0.73%, currently at $1401.90, with a 24-hour trading volume of $5.06 million; SPCX's pre-trading contract rose by 1.82%, currently at $198.56, with a 24-hour trading volume of $34.93 million.

On the news front, sources familiar with the matter indicated that due to strong investor subscription demand, Quantinuum is considering increasing the initial public offering (IPO) size and raising the offering price range. The sources stated that the company may increase the number of shares issued while raising the original price range by about 10%. Previously, Quantinuum planned to issue approximately 21 million shares at a price range of $45 to $50 per share, corresponding to a maximum valuation of around $12.7 billion. Bloomberg had previously reported that the IPO had received several times oversubscription.