Aug. 22 at 8:53 PM
$QUBT Quantum Computing Inc. reported that CEO, President & ten percent owner Dr. Yuping Huang exercised 584,897 warrants to purchase common stock on August 20 at
$8.95 per share, converting them into 584,897 shares of common stock. These warrants were originally received in the June 2022 acquisition of QPhoton, Inc. Following the transactions, Dr. Huang directly holds 21,531,173 shares of common stock and 15,316 warrants. The filing indicates the transactions were not made pursuant to a Rule 10b5-1 trading plan.