Summary by Moomoo AI
On March 15, 2024, Rigetti Computing, Inc. announced the entry into a Sales Agreement with Needham & Company, LLC and B. Riley Securities, Inc., enabling the company to sell shares of its common stock at its discretion. The potential sales will be conducted as 'at-the-market' equity offerings, as defined by Rule 415(a)(4) of the Securities Act, and may occur on The Nasdaq Capital Market or other trading markets. The agreement allows for the sale of shares with a total offering price of up to $100 million, under the company's effective registration statement and the related prospectus supplement. The Agents will receive up to 3% of the gross sales price as compensation and will be reimbursed for certain expenses. Rigetti Computing has also...Show More