Quantum Computing Inc. has officially increased its authorized capital stock and expanded its 2022 Equity and Incentive Plan following stockholder approval at its Annual Meeting on June 24, 2026. The company filed a Certificate of Amendment on June 29, 2026, to enact the changes.
Key Details
- Authorized Shares Increased: The total number of authorized shares of common stock was increased from 250,000,000 to 450,000,000. The number of authorized preferred stock shares remains unchanged at 10,000,000.
- Equity Plan Expansion: The number of shares authorized for issuance under the 2022 Equity and Incentive Plan was increased from 20,000,000 to 30,000,000.
- Evergreen Provision Amended: The plan's annual automatic share increase was changed from a fixed 1,000,000 shares to an amount equal to 2% of the total common stock outstanding at the end of the prior year.