Quantum Computing Inc. (QUBT) closes Luminar Semiconductor deal with $97.5M cash payment

Rhea-AI Filing Summary

Quantum Computing Inc. completed its acquisition of Luminar Semiconductor, Inc. from Luminar Technologies, Inc. on February 2, 2026, buying all outstanding shares of the target company. The consideration at closing included approximately $97.5 million in cash plus $11.0 million previously placed in escrow when the stock purchase agreement was signed.

The $11.0 million escrow will stay with an escrow agent until February 2, 2027 to cover limited indemnification obligations of the seller. Quantum Computing Inc. plans to file audited financial statements of Luminar Semiconductor and related pro forma financial information as amendments within 71 days, and it has highlighted typical integration risks and uncertainties in forward-looking statements.

Insights

M&A and corporate finance analyst

Quantum Computing Inc. closes cash acquisition of Luminar Semiconductor with indemnity escrow and flagged integration risks.

Quantum Computing Inc. has now closed the previously agreed acquisition of Luminar Semiconductor, Inc., acquiring all outstanding shares from Luminar Technologies, Inc.. Closing consideration consisted of approximately $97.5 million in cash and $11.0 million that had already been placed in escrow at signing.

The $11.0 million escrow is designated to cover limited indemnification obligations and is scheduled to remain in place until February 2, 2027. The company explicitly notes typical post-transaction risks, including integration challenges, potential business disruption, and the possibility that anticipated benefits from the transaction are not realized.

Quantum Computing Inc. also indicates it will provide Luminar Semiconductor’s financial statements and pro forma financial information as amendments within 71 days of the required date, which will give a clearer view of the combined financial profile and how the transaction affects revenue, costs, and future performance.

8-K Event Classification

3 items: 2.01, 7.01, 9.01

3 items

Item 2.01 Completion of Acquisition or Disposition of Assets Financial

The company completed a significant acquisition or sale of business assets.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 2, 2026

QUANTUM COMPUTING INC.

(Exact name of registrant as specified in its charter)

Delaware		001-40615		82-4533053
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

5 Marine View Plaza, Suite 214 Hoboken, NJ		07030
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code (703) 436-2161

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common stock (par value $0.0001 per share)		QUBT		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.01 Completion of Acquisition or Disposition of Assets.

As previously disclosed on a Current Report on Form 8-K filed by Quantum Computing Inc. (the “Company”) on December 15, 2025, the Company entered into a Stock Purchase Agreement, dated as of December 15, 2025 (the “Stock Purchase Agreement”) with Luminar Technologies, Inc., a Delaware corporation (the “Seller”) and Luminar Semiconductor, Inc., a Delaware corporation (the “Target”), pursuant to which, subject to the terms and conditions set forth in the Stock Purchase Agreement, the Company agreed to acquire all of the issued and outstanding shares of common stock of the Target from the Seller (the “Transaction”). The Transaction was completed on February 2, 2026.

The consideration paid by the Company at closing consisted of approximately $97.5 million in cash, along with the $11.0 million of funds that were placed with an escrow agent in connection with the signing of the Stock Purchase Agreement. The escrowed amount will remain with the escrow agent to cover certain limited indemnification obligations of the Seller pursuant to the Stock Purchase Agreement until February 2, 2027.

The foregoing description of the Transaction and the Stock Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the Stock Purchase Agreement, which the Company filed with the SEC as Exhibit 2.1 in its Current Report on Form 8-K on December 15, 2025, and is incorporated herein by reference.

Cautionary Statement Regarding Forward-Looking Statements

The statements contained in this Current Report on Form 8-K include forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements and forecasts, generally identified by terms such as “may,” “will,” “expect,” “believe,” “anticipate,” “estimate,” “intends,” “goal,” “objective,” “seek,” “attempt,” “aim to,” or variations of these or similar words, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief, or current expectations of the Company and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including the occurrence of any event, change or other circumstances under which the anticipated benefits of the Transaction are not realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of the Target, diversion of management’s attention from ongoing business operations and opportunities, operating costs and business disruption following the Transaction, exposure to potential litigation, the integration of the Target’s products and technologies with the Company, and the acceleration of the Company’s development roadmap, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, the Company undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Item 7.01 Regulation FD Disclosure.

On February 2, 2026, the Company issued a press release announcing the Transaction, a copy of which is furnished herewith as Exhibit 99.1.

The information provided under this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, is “furnished” and shall not be deemed “filed” with the Securities and Exchange Commission or incorporated by reference in any filing under the Securities Exchange Act of 1934, as amended, or the Securities Act of 1933, as amended.

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Item 9.01 Financial Statements and Exhibits.

(a) Financial Statements of Businesses or Funds Acquired

The Company will file the financial statements of the Target required by Item 9.01(a) as an amendment to this Current Report on Form 8-K no later than 71 calendar days after the required filing date for this Current Report on Form 8-K.

(b) Pro Forma Financial Information

The Company will file the pro forma financial information required by Item 9.01(b) as an amendment to this Current Report on Form 8-K no later than 71 calendar days after the required filing date for this Current Report on Form 8-K. 

(d) Exhibits.

Exhibit No.		Description
99.1		Press Release dated February 2, 2026
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	QUANTUM COMPUTING INC.
Date: February 3, 2026	By:	/s/ Christopher Roberts
		Christopher Roberts
		Chief Financial Officer

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FAQ

What transaction did Quantum Computing Inc. (QUBT) complete with Luminar Semiconductor?

Quantum Computing Inc. completed the acquisition of all issued and outstanding shares of Luminar Semiconductor, Inc. from Luminar Technologies, Inc. The deal closed on February 2, 2026, giving Quantum Computing Inc. full ownership of the target company’s common stock.

How much did Quantum Computing Inc. (QUBT) pay to acquire Luminar Semiconductor?

Quantum Computing Inc. paid approximately $97.5 million in cash at closing and used $11.0 million of funds previously placed in escrow. The escrow amount had been deposited when the stock purchase agreement was signed, forming part of the overall consideration structure.

How long will the Luminar Semiconductor acquisition escrow last for Quantum Computing Inc. (QUBT)?

The $11.0 million escrow related to the Luminar Semiconductor acquisition will remain with an escrow agent until February 2, 2027. These funds are reserved to cover limited indemnification obligations of Luminar Technologies, Inc. under the stock purchase agreement’s terms.

What risks did Quantum Computing Inc. (QUBT) highlight regarding the Luminar Semiconductor acquisition?

Quantum Computing Inc. cited risks that expected benefits from the transaction may not be realized, including integration challenges, management distraction, operating costs, potential business disruption, exposure to litigation, and combining Luminar Semiconductor’s products and technologies with its own development roadmap.

Will Quantum Computing Inc. (QUBT) provide financial statements for Luminar Semiconductor after the acquisition?

Yes. Quantum Computing Inc. plans to file Luminar Semiconductor’s required financial statements and related pro forma financial information as amendments. These filings are scheduled to be made no later than 71 calendar days after the required filing date for the current report.

Did Quantum Computing Inc. (QUBT) issue a press release about the Luminar Semiconductor acquisition?

Yes. On February 2, 2026, Quantum Computing Inc. issued a press release announcing completion of the Luminar Semiconductor transaction. That press release is included as Exhibit 99.1 and is furnished, rather than filed, under the Regulation FD disclosure section.