LOS ANGELES, April 1, 2025 /PRNewswire/ -- Glancy Prongay & Murray LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against Quantum Computing Inc. ("QCI" or the "Company") (NASDAQ: QUBT).

IF YOU SUFFERED A LOSS ON YOUR QCI INVESTMENTS, CLICK HERE BEFORE APRIL 28, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT

What Is The Lawsuit About? The complaint filed alleges that, between March 30, 2020 and January 15, 2025, Defendants failed to disclose to investors that: (1) Defendants overstated the capabilities of QCI's quantum computing technologies, products, and/or services; (2) Defendants overstated the scope and nature of QCI's relationship with NASA, as well as the scope and nature of QCI's NASA-related contracts and/or subcontracts; (3) Defendants overstated QCI's progress in developing a TFLN foundry, the scale of the purported TFLN foundry, and orders for the Company's TFLN chips; (4) QCI's business dealings with Quad M Solutions, Inc. and millionways, Inc. both qualified as related party transactions; (5) accordingly, QCI's revenues relied, at least in part, on undisclosed related party transactions; (6) all the foregoing, once revealed, was likely to have a significant negative impact on QCI's business and reputation; and (7) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.