SCHEDULE 13G/A: BlackRock Discloses 6.4% Passive Stake in Rigetti Computing

BlackRock, Inc. has filed an amended Schedule 13G, revealing a 6.4% beneficial ownership stake in Rigetti Computing, Inc. as of June 30, 2025.

Summary

• BlackRock, Inc. reported beneficial ownership of 20,690,454 shares of Rigetti Computing, Inc. Common Stock.
• This ownership represents 6.4% of the total outstanding class of securities.
• BlackRock holds sole voting power over 20,208,368 shares and sole dispositive power over 20,690,454 shares.
• The filing is an Amendment No. 1 to a Schedule 13G, indicating an update to a previously reported position.
• BlackRock certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Rigetti Computing, Inc.

Sentiment

Score: 6

Explanation: The filing is a routine disclosure of a passive ownership stake by a major institutional investor. While not directly indicative of company performance, the presence of a significant holder like BlackRock can be viewed as a positive signal of confidence in the issuer.

Positives

• The disclosure of a significant 6.4% stake by a major institutional investor like BlackRock may signal confidence in Rigetti Computing, Inc.'s long-term prospects, potentially attracting further investor interest.

Future Outlook

NA

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, 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 and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

Schedule 13G filings are standard disclosures by institutional investors, such as BlackRock, when they acquire more than 5% of a company's voting class of securities with a passive investment intent. This filing indicates BlackRock's continued or updated significant, non-controlling stake in Rigetti Computing, Inc., a company operating in the quantum computing sector.

Stakeholder Impact

• Shareholders: The disclosure of a significant stake by BlackRock may enhance investor confidence and potentially influence market perception of Rigetti Computing, Inc.

Key Dates

Keywords

BlackRock, Rigetti Computing, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, Quantum Computing