HONEYWELL ANNOUNCES QUANTINUUM'S PLAN TO MAKE CONFIDENTIAL SUBMISSION OF DRAFT REGISTRATION STATEMENT FOR PROPOSED INITIAL PUBLIC OFFERING
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CHARLOTTE, N.C., Jan. 14, 2026 /PRNewswire/ -- Honeywell (NASDAQ:HON) today announced that Quantinuum LLC ("Quantinuum" or the "Company"), which is majority owned by Honeywell, plans to make a
Original sourceAI Summary
Honeywell announces Quantinuum's IPO registration statement submission. Number of shares and price range for IPO not yet determined. The IPO is subject to SEC review and market conditions.
Sentiment Rationale
Quantinuum's anticipated IPO could generate substantial capital for Honeywell, enhancing its market position and liquidity. Historically, successful IPOs have positively influenced parent companies’ stock prices, implying a similar potential for HON.
Trading Thesis
While immediate effects might be limited, a successful IPO could substantially improve Honeywell's financial stature over time, similar to past events with other IPOs enhancing parent companies' valuations.
Market-Moving
- Honeywell announces Quantinuum's IPO registration statement submission.
- Number of shares and price range for IPO not yet determined.
- The IPO is subject to SEC review and market conditions.
Key Facts
- Honeywell announces Quantinuum's IPO registration statement submission.
- Number of shares and price range for IPO not yet determined.
- The IPO is subject to SEC review and market conditions.
Companies Mentioned
- QTNM (QTNM)
Corporate Developments
The announcement signifies potential growth avenues for Honeywell via its investment in Quantinuum, which can increase market confidence and stimulate investor interest in HON.
CHARLOTTE, N.C., Jan. 14, 2026 /PRNewswire/ -- Honeywell (NASDAQ:HON) today announced that Quantinuum LLC ("Quantinuum" or the "Company"), which is majority owned by Honeywell, plans to make a confidential submission of a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (the "SEC") relating to the proposed initial public offering of Quantinuum's common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The offering is subject to market and other conditions and the completion of the SEC's review process.
This press release is being made pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended (the "Securities Act"), and shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities. Any offers, solicitations or offers to buy, or any sales of securities, will be made in accordance with the registration requirements of the Securities Act.
Contacts: | |
Media | Investor Relations |
Stacey Jones | Mark Macaluso |
(980) 378-6258 | (704) 627-6118 |
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SOURCE Honeywell