Quantinuum (QNT) major holders report large Class B and unit positions
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Quantinuum Inc. received an initial ownership report from CQ Invest I LLC, Cambridge Quantum Holdings Limited, Ilyas Khan and Waseem Shiraz, each identified as a more‑than‑ten‑percent holder. The filing lists existing positions rather than new share purchases or sales.
The group reports indirect ownership of 82,884,823 Class B common shares and the same number of Common Units of Quantinuum Holdings, LLC, which may be redeemed or exchanged one-for-one for Class A common stock or cash, with no expiration. Footnotes explain that Cambridge Quantum Holdings Limited manages CQ Invest I LLC, that Mr. Khan controls Cambridge Quantum Holdings Limited, and that each reporting person generally disclaims beneficial ownership of securities held by the others except for any pecuniary interest. Separate footnotes state that Mr. Khan directly owns Class A common stock including 179,028 restricted share units, and Mr. Shiraz directly owns Class A common stock including 10,426 restricted share units, each RSU representing a contingent right to one Class A share.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
CQ Invest I LLC, Cambridge Quantum Holdings Ltd, Khan Ilyas, Shiraz Waseem
Role
null | null | null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Units | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Units — 82,884,823 shares (Indirect, See Footnotes);
Class B Common Stock — 82,884,823 shares (Indirect, See Footnotes);
Class A Common Stock — 480,511 shares (Direct, null)
Footnotes (1)
- Includes (i) 531,720 Common Units and a corresponding number of shares of Class B common stock held directly by CQ Invest I LLC and (ii) 82,353,103 Common Units and a corresponding number of shares of Class B common stock held directly by Cambridge Quantum Holdings Limited. Cambridge Quantum Holdings Limited is the administrative manager of CQ Invest I LLC, and has the right to manage, control and conduct the affairs and operations of CQ Invest I LLC. Cambridge Quantum Holdings Limited is managed by a board of directors, which is composed of Ilyas Khan and Waseem Shiraz, who have the power to vote or direct the vote of, and power to dispose or to direct the disposition of, the shares and units held by CQ Invest I LLC. Mr. Khan, including entities controlled by him, is the controlling shareholder of Cambridge Quantum Holdings Limited. Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose. Each common unit of Quantinuum Holdings, LLC ("Common Unit") may be redeemed or exchanged for one share of Class A common stock of the Issuer (or, at the Issuer's election, cash). Common Units have no expiration date. Upon the redemption or exchange of Common Units, a number of shares of Class B common stock equal to the number of Common Units that are redeemed or exchanged will automatically be cancelled for no consideration. The reported securities are directly owned by Ilyas Khan in his personal capacity and the other Reporting Persons have no pecuniary interest in these securities. Includes 179,028 restricted shares units ("RSUs"), which will vest according to the terms of the award agreement. Each RSU represents a contingent right to receive one share of Class A common stock. The reported securities are directly owned by Waseem Shiraz in his personal capacity and the other Reporting Persons have no pecuniary interest in these securities. Includes 10,426 RSUs, which will vest according to the terms of the award agreement. Each RSU represents a contingent right to receive one share of Class A common stock.
Key Figures
Class B shares held indirectly: 82,884,823 shares
Common Units held indirectly: 82,884,823 units
Class A direct holding entry 1: 27,001 shares
+4 more
7 metrics
Class B shares held indirectly
82,884,823 shares
Indirect Class B common stock position reported by group
Common Units held indirectly
82,884,823 units
Common Units of Quantinuum Holdings, LLC exchangeable 1:1 into Class A
Class A direct holding entry 1
27,001 shares
Total Class A common shares following transaction entry
Class A direct holding entry 2
480,511 shares
Total Class A common shares following transaction entry
RSUs held by Ilyas Khan
179,028 RSUs
Restricted share units over Class A stock in personal capacity
RSUs held by Waseem Shiraz
10,426 RSUs
Restricted share units over Class A stock in personal capacity
Common Unit exercise price
$0.0000
Exercise or conversion price for Common Units into Class A
Key Terms
Common Units, Class B common stock, restricted shares units ("RSUs"), pecuniary interest, +1 more
5 terms
Common Units financial
"Each common unit of Quantinuum Holdings, LLC ("Common Unit") may be redeemed or exchanged for one share..."
Common units are the basic ownership stakes in a company, limited partnership, or trust that function like common stock: they give holders a claim on profits and often voting rights. Think of them as the ordinary seats at a table—the most directly affected by the business’s success or failure, so they typically offer higher upside but carry greater risk than preferred claims or creditors, which matters to investors evaluating potential return and safety.
Class B common stock financial
"Includes (i) 531,720 Common Units and a corresponding number of shares of Class B common stock..."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
pecuniary interest financial
"disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein"
Rule 16a-1(a)(4) regulatory
"pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons..."
FAQ
What does Quantinuum (QNT) disclose in this new insider ownership filing?
Quantinuum reports that CQ Invest I LLC, Cambridge Quantum Holdings Limited, Ilyas Khan and Waseem Shiraz are over 10% holders. The filing details their direct Class A holdings, large indirect Class B and Common Unit interests, and related restricted share units, without recording new purchases or sales.
How are CQ Invest I LLC and Cambridge Quantum Holdings linked in Quantinuum’s (QNT) ownership?
Cambridge Quantum Holdings Limited is the administrative manager of CQ Invest I LLC and controls its affairs. Cambridge Quantum is managed by a board consisting of Ilyas Khan and Waseem Shiraz, and Mr. Khan, including entities he controls, is the controlling shareholder of Cambridge Quantum Holdings Limited.
What beneficial ownership disclaimers are included for Quantinuum (QNT) reporting persons?
Each reporting person, except to the extent it directly holds the securities, disclaims beneficial ownership of securities held by the others. They state that including these securities in the report is not an admission of beneficial ownership for Section 16 or any other legal purpose.