Rigetti Computing Sets Up $100 Million Share Sale Agreement for Flexible Access to Capital
• Rigetti Computing establishes at-the-market sales agreement with agents to potentially raise up to $100M
• Agreement allows Rigetti to sell shares on Nasdaq at its discretion through the agents
• Agents receive maximum 3.0% compensation on gross sales price of shares
• No obligation for Rigetti to sell any shares, can terminate agreement with notice
• Move provides flexible mechanism for Rigetti to access capital markets to finance operations or growth