HONEYWELL ANNOUNCES QUANTINUUM'S PLAN TO MAKE CONFIDENTIAL SUBMISSION OF DRAFT REGISTRATION STATEMENT FOR PROPOSED INITIAL PUBLIC OFFERING
Rhea-AI Summary
Honeywell (NASDAQ: HON) announced on Jan 14, 2026 that Quantinuum LLC, a company majority owned by Honeywell, plans to make a confidential submission of a draft Form S-1 registration statement to the U.S. Securities and Exchange Commission relating to a proposed initial public offering of Quantinuum common stock.
The number of shares and price range have not been determined, and the offering is subject to market and other conditions and the completion of the SEC review process. The announcement does not constitute an offer to sell or solicitation to buy securities.
Positive
- Quantinuum intends confidential Form S-1 submission (Jan 14, 2026)
- Honeywell is identified as Quantinuum’s majority owner
Negative
- Number of shares and price range not yet determined
- Offering conditional on SEC review and market conditions
News Market Reaction
On the day this news was published, HON gained 1.31%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Market Reality Check
Peers on Argus
HON up 0.81% with mixed peers: MMM +0.85%, OTTR +0.09%, VMI +0.01%, SEB +3.37%, BBU -1.14%. Scanner did not flag a coordinated sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 02 | Earnings date notice | Neutral | +0.4% | Set timetable for Q4 results and 2026 outlook call. |
| Dec 22 | Guidance adjustment | Negative | -1.6% | Segment realignment, guidance lowered after Advanced Materials spin. |
| Dec 10 | Board appointment | Positive | +1.0% | Added experienced former CEO Indra Nooyi to board. |
| Nov 11 | AI collaboration | Positive | +2.2% | Announced AI-assisted control room pilot with TotalEnergies. |
| Nov 03 | Spin-off leadership | Positive | -1.8% | Named CEO and chair for planned aerospace spin-off. |
Recent news often saw price moves generally aligning with perceived tone; strategic spin/realignment headlines have produced both positive and negative reactions.
Over the last few months, Honeywell has focused on portfolio reshaping and governance. It completed the Solstice Advanced Materials spin-off effective Oct 30, 2025 and later provided supplemental financials and adjusted 2025 guidance to reflect the new structure. The company also advanced an aerospace spin-off, naming leadership and confirming plans to separate in H2 2026. Governance was strengthened with the appointment of Indra Nooyi to the board. Against this backdrop, today’s Quantinuum IPO-related announcement adds another step in Honeywell’s ongoing portfolio evolution.
Market Pulse Summary
This announcement describes Quantinuum’s intention to confidentially submit a draft Form S-1 for a proposed initial public offering, with details such as share count and pricing still to be determined. The news follows Honeywell’s recent spin-off and portfolio actions, highlighting continued reshaping of its asset base. Investors should watch for the public filing of the registration statement, transaction terms, and any follow-on updates to Honeywell’s segment reporting and ownership interests in Quantinuum.
Key Terms
form s-1 regulatory
u.s. securities and exchange commission regulatory
initial public offering financial
AI-generated analysis. Not financial advice.
This press release is being made pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended (the "Securities Act"), and shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities. 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.
Contacts: | |
Media | Investor Relations |
Stacey Jones | Mark Macaluso |
(980) 378-6258 | (704) 627-6118 |
View original content:https://www.prnewswire.com/news-releases/honeywell-announces-quantinuums-plan-to-make-confidential-submission-of-draft-registration-statement-for-proposed-initial-public-offering-302660346.html
SOURCE Honeywell