SCHEDULE 13G/A: BlackRock Reports 6.7% Stake in Quantum Computing Inc.

BlackRock, Inc. has disclosed a 6.7% beneficial ownership stake in Quantum Computing Inc., holding over 15 million common shares as of December 31, 2025.

Summary

• BlackRock, Inc. reported beneficial ownership of 15,045,407 shares of Quantum Computing Inc. common stock.
• This ownership represents 6.7% of the total outstanding common stock of Quantum Computing Inc.
• BlackRock holds sole voting power over 14,737,415 shares and sole dispositive power over 15,045,407 shares.
• The filing is an Amendment No. 1 to a Schedule 13G, indicating an update to a previous beneficial ownership report.
• The shares were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing control of Quantum Computing Inc.
• Several BlackRock subsidiaries, including BlackRock Advisors, LLC and BlackRock Fund Advisors, are identified as beneficially owning shares, with some potentially owning 5% or greater individually.

Sentiment

Score: 6

Explanation: The filing reports a significant institutional investment by BlackRock, which is generally viewed positively as a vote of confidence, although it is a passive ownership report and does not contain operational or financial performance details.

Positives

• Significant institutional investment from BlackRock, a major global asset manager, signals potential confidence in Quantum Computing Inc.'s long-term prospects.
• BlackRock's passive investment stance, as certified in the filing, suggests a long-term holding strategy without intent to influence management or control.

Risks

• No specific risks related to Quantum Computing Inc.'s operations or financial health are disclosed in this Schedule 13G filing, as it is solely a report on beneficial ownership.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Quantum Computing Inc.'s future performance or strategic direction, as it is solely a report on beneficial ownership.

Management Comments

• "The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities."

Industry Context

BlackRock's substantial stake in Quantum Computing Inc. highlights the growing institutional interest in the nascent but rapidly evolving quantum computing sector. As a leading asset manager, BlackRock's investment could be seen as a validation of the long-term potential within this high-growth technology area, potentially influencing other institutional investors to consider similar positions.

Corporate Governance

Stakeholder Impact

• Shareholders: Increased institutional ownership by a prominent asset manager like BlackRock may lend credibility and stability to Quantum Computing Inc.'s stock, potentially attracting further investment.
• Management: BlackRock's passive stake indicates no immediate intent to influence management or control, allowing current management to pursue their strategic objectives without external pressure from this shareholder.

Key Dates

Keywords

Quantum Computing Inc., BlackRock, Institutional Ownership, Beneficial Ownership, Schedule 13G, Common Stock, Investment, Asset Management, QCI