The Bloomberg Beta-backed quantum chipmaker is joining forces with the publicly listed Supernova Partners Acquisition Company II.
Rigetti, a US-based quantum computing technology developer that counts media group Bloomberg as an investor, agreed a reverse merger with special purpose acquisition company Supernova Partners Acquisition Company II yesterday.
The deal gives Rigetti a pro forma valuation of approximately $1.5bn and the merged business, Rigetti Computing, will get the New York Stock Exchange listing taken by Supernova in a $300m initial public offering in March this year.
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