Quantum Computing (QUBT) 10% Owner Huang Yuping Exercises Warrants

What Happened
Huang Yuping, a reported 10% owner of Quantum Computing Inc. (QUBT), exercised warrants to acquire 584,897 shares on August 20, 2026. The warrants were exercised at a corrected exercise price of $0.0001 per share (≈ $58.49 total); the Form 4/A shows a reported total of $58. The filing records both the derivative exercise (code X) and the resulting acquisition (code A).

Key Details

• Transaction date: August 20, 2026; Form filed (amendment) August 24, 2026.
• Instrument: Warrants exercised (in‑the‑money derivative), 584,897 shares.
• Exercise price corrected to $0.0001 per share in this amended filing (total cash ≈ $58.49; Form rounds to $58).
• Shares owned after the transaction: not disclosed in this Form 4/A.
• Filing type: Amended Form 4 (corrects the exercise price); appears to be filed after the typical 2‑business‑day reporting window.

Context
This was an exercise of warrants (derivative → underlying shares), not a sale of the acquired shares; the filing does not report any immediate disposition of the new shares. As a 10% owner (not an executive title), this insider transaction reflects an ownership change tied to previously issued warrants from a prior acquisition (QPhoton, Inc.), not open‑market buying or selling. The amendment solely corrects the exercise price previously reported in a 2022 Form 3.