Quantum Computing Inc. /
LSI
Quantum Computing Inc. to buy LSI in bankruptcy sale process
Source for the buyer and target: Luminar Technologies, Inc.
For the buyer and target.
“On December 15, 2025, prior to the filing of the Chapter 11 Cases, the Company, LSI, and Quantum Computing Inc. (“ Buyer ”) entered into a Stock Purchase Agreement (the “ Stock Purchase Agreement ”), pursuant to which, subject to the terms and conditions set forth therein, Buyer agreed to acquire all of the issued and outstanding shares of LSI (such acquisition, the “ Transaction ”), for a total purchase price of $110 million in cash, subject to certain adjustments as contemplated by the Stock Purchase Agreement (the “ Purchase Price ”).”
Published 15 Dec 2025
Open the sourceWhat happened
Quantum Computing Inc. agreed to acquire all of the issued and outstanding shares of LSI for $110 million in cash, subject to certain adjustments. The transaction requires Bankruptcy Court approval and is subject to other conditions. [01]
LSI is being marketed through a sale process under section 363 of the Bankruptcy Code, and Quantum Computing Inc. is expected to be designated as the stalking horse bidder. [01]
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Quantum Computing Inc. to buy LSI in bankruptcy sale process
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