HONEYWELL ANNOUNCES QUANTINUUM'S FILING OF REGISTRATION STATEMENT FOR PROPOSED INITIAL PUBLIC OFFERING

Rhea-AI Summary

Honeywell (NASDAQ: HON) announced that Quantinuum has filed a Form S-1 with the SEC for a proposed initial public offering of Class A common stock, planned to list on the Nasdaq Global Select Market under ticker QNT. The offering size and price range are not yet determined and remain subject to market conditions.

J.P. Morgan and Morgan Stanley are joint lead active book-running managers; Jefferies and Evercore ISI are also managers. The registration statement is filed but not yet effective.

AI-generated analysis. Not financial advice.

Positive

• Quantinuum filed a Form S-1 signaling intent for a standalone public listing
• Planned Nasdaq listing (QNT) with major banks as lead managers (J.P. Morgan, Morgan Stanley)

Negative

• Offering terms unknown: number of shares and price range not yet determined
• Transaction uncertain: offering subject to market conditions and registration effectiveness

Market Reality Check

Price: $213.12 Vol: Volume 3,521,542 is sligh...

normal vol

$213.12 Last Close

Volume Volume 3,521,542 is slightly below the 20‑day average of 3,789,802 (rel. volume 0.93). normal

Technical Price 216.07 is trading above the 200‑day MA at 211.28.

Peers on Argus

While HON was modestly down 0.36%, several peers were weaker, including MMM −1.8...

While HON was modestly down 0.36%, several peers were weaker, including MMM −1.83%, OTTR −1.31%, VMI −3.02%, BBU −1.25%, and SEB −6.59%. No peers appeared in the momentum scanner, pointing to a stock‑specific focus on the Quantinuum IPO news rather than a broad sector move.

Previous IPO,offering Reports

2 past events · Latest: Apr 22 (Positive)

Same Type Pattern 2 events

Date	Event	Sentiment	Move	Catalyst
Apr 22	IPO process update	Positive	-0.9%	Disclosure of Quantinuum’s confidential Form S‑1 submission to the SEC.
Jan 14	IPO plan announcement	Positive	+1.3%	Quantinuum’s plan to make a confidential S‑1 submission for IPO.

Pattern Detected

Past Quantinuum IPO‑related headlines for HON have produced small, mixed price reactions, with one modest gain and one modest decline.

Recent Company History

Over recent months, Honeywell has issued several updates on Quantinuum’s IPO process. On Jan 14, 2026, it announced Quantinuum’s plan to confidentially submit a draft Form S‑1, and on Apr 22, 2026 it disclosed that a draft S‑1 had been confidentially submitted to the SEC. These prior steps each moved HON shares by around one percentage point or less. Today’s announcement advances the process to a publicly filed S‑1, continuing this staged IPO trajectory.

Historical Comparison

+0.2% avg move · Past Quantinuum IPO‑related headlines for HON showed modest reactions, with an average move of 0.22%...

IPO,offering

+0.2%

Average Historical Move IPO,offering

Past Quantinuum IPO‑related headlines for HON showed modest reactions, with an average move of 0.22%, suggesting limited historical volatility around this theme.

News flow shows a clear IPO progression for Quantinuum: from planning a confidential S‑1 submission, to confirming the confidential filing, and now to a publicly filed Form S‑1 for a proposed Nasdaq Global Select Market listing.

Market Pulse Summary

This announcement marks another milestone in Quantinuum’s path to a public listing, moving from conf...

Analysis

This announcement marks another milestone in Quantinuum’s path to a public listing, moving from confidential filings to a publicly filed Form S‑1 for a proposed Nasdaq Global Select Market IPO. For Honeywell holders, it continues an established IPO narrative that previously moved the shares by an average of just 0.22%. Investors may watch for future disclosures on offering size, terms, and how Honeywell’s stake and broader portfolio strategy evolve.

Key Terms

registration statement, form s-1, u.s. securities and exchange commission, nasdaq global select market, +1 more

5 terms

registration statement regulatory

"has publicly filed a registration statement on Form S-1 with the U.S."

A registration statement is a formal document that companies file with a government agency to offer new shares of stock to the public. It provides essential information about the company's finances, operations, and risks, helping investors make informed decisions. Think of it as a detailed product description that ensures transparency and trust before buying into a company.

form s-1 regulatory

"has publicly filed a registration statement on Form S-1 with the U.S."

A Form S-1 is the registration filing a company submits to the U.S. Securities and Exchange Commission when it plans to offer stock to the public, most commonly for an initial public offering. Think of it as the company’s full disclosure packet or blueprint: it contains audited financials, business description, management background, risk factors and details of the offering, giving investors the information needed to judge the company’s financial health and potential risks before buying shares.

u.s. securities and exchange commission regulatory

"Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating"

The U.S. Securities and Exchange Commission is a government agency responsible for overseeing the stock market and protecting investors. It sets rules to ensure that companies share truthful information and that trading is fair, helping to maintain trust in the financial system. This oversight is important because it helps prevent fraud and ensures that investors can make informed decisions.

nasdaq global select market financial

"to list its Class A common stock on the Nasdaq Global Select Market under"

A Nasdaq Global Select Market listing is the highest tier of stocks on the Nasdaq exchange, reserved for companies that meet the strictest financial, reporting and governance standards. For investors, it acts like a premium quality label—signaling larger, more transparent and better-governed companies that tend to offer greater liquidity and lower perceived risk compared with lower-tier listings, making it easier to buy, sell and evaluate shares.

prospectus regulatory

"The proposed offering will be made available only by means of a prospectus."

A prospectus is a detailed document that explains a company's plans for offering new shares or investments to the public. It’s important because it provides potential investors with key information about the company’s business, risks, and how they might make money, helping them decide whether to invest. Think of it as a guidebook for understanding what you're buying into.

AI-generated analysis. Not financial advice.

CHARLOTTE, N.C., May 8, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that Quantinuum, a leading, full-stack quantum computing company, has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed initial public offering of shares of its Class A common stock.

The number of shares to be offered and the price range for the proposed offering have not yet been determined. Quantinuum intends to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol "QNT."

J.P. Morgan and Morgan Stanley (in alphabetical order) are acting as joint lead active book-running managers for the proposed offering. Jefferies and Evercore ISI are also acting as active book-running managers.

The proposed offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

The proposed offering will be made available only by means of a prospectus. Copies of the preliminary prospectus, when available, may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com; Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attention: Prospectus Department or by email at prospectus@morganstanley.com; Jefferies LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, New York 10022, by telephone at (877) 821-7388 or by email at Prospectus_Department@Jefferies.com; or Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, NY 10055, by telephone at 888-474-0200 or by email at ecm.prospectus@evercore.com.

The registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. 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 of 1933, as amended.

About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter, safer, as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

About Quantinuum
Quantinuum is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry's highest accuracy levels based on average two-qubit gate fidelity as of December 31, 2025. Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets. Quantinuum's headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, and Singapore.

Contacts:
Media	Investor Relations
Stacey Jones	Mark Macaluso
(980) 378-6258	(704) 627-6118
Stacey.Jones@honeywell.com	Mark.Macaluso@honeywell.com

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SOURCE Honeywell

FAQ

What did Honeywell announce about Quantinuum's IPO filing on May 8, 2026 (HON)?

Quantinuum filed a Form S-1 indicating a proposed IPO of Class A common stock. According to Honeywell, the registration statement was submitted to the SEC but has not become effective, and the offering’s size and price range remain undecided.

What ticker will Quantinuum use if it lists on Nasdaq and when did Honeywell announce this (HON)?

Quantinuum intends to list under the ticker QNT on the Nasdaq Global Select Market. According to Honeywell, that intention was included in the May 8, 2026 filing, subject to final SEC effectiveness and market conditions.

Which banks are managing the proposed Quantinuum IPO disclosed by Honeywell (HON)?

J.P. Morgan and Morgan Stanley are joint lead active book-running managers; Jefferies and Evercore ISI are also active managers. According to Honeywell, those firms are named as the underwriting teams in the filed registration statement.

Are Quantinuum shares available to buy now after the May 8, 2026 filing announced by Honeywell (HON)?

No, the shares are not available for sale until the registration statement becomes effective. According to Honeywell, offers or sales may not occur prior to SEC effectiveness and remain subject to applicable securities laws and market conditions.

What key details remain undecided about Quantinuum's proposed IPO according to Honeywell (HON)?

The number of shares to be offered and the price range have not been determined. According to Honeywell, those material offering terms will be set later and the transaction depends on market conditions and SEC effectiveness.