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22 March 20241 minute read

DLA Piper advises the sales agents in US$100 million “at-the-market” offering for Rigetti Computing

DLA Piper advised sales agents Needham & Company (Needham) and B. Riley Securities, Inc. (B. Riley) in an “at-the-market” offering of common stock of Rigetti Computing, Inc. (Rigetti), a quantum computing company. Rigetti will offer and sell shares of common stock valued at US$.0001 per share for an aggregate offering price of up to US$100 million through Needham and B. Riley.

“It was a pleasure to advise both Needham and B. Riley on this offering, utilizing our extensive knowledge and capabilities to bring the offering to market,” said Drew Valentine, the DLA Piper partner who led the deal team.

The DLA Piper team was led by partner Drew Valentine (New York/Austin) and included associates Jordyn Giannone (New York/Short Hills) and Frances Asbury (Austin).

DLA Piper’s global capital markets team represents issuers and underwriters in registered and unregistered equity, equity-linked and debt capital markets transactions, including initial public offerings, follow-on equity offerings, equity-linked securities offerings, and offerings of investments grade and high-yield debt securities.