The Benchmark Company initiated coverage of Supernova Partners Acquisition Company II, Ltd. with a rating of Buy and set a new price target of $19.00

Benchmark initiated coverage of Supernova Partners with a rating of Buy and set a new price target of $19.00

4 - Rigetti Computing, Inc. (0001838359) (Issuer)

BERKELEY, Calif., March 02, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing (NASDAQ:RGTI) ("Rigetti" or the "Company"), a pioneer in hybrid quantum-classical computing, and Supernova Partners Acquisition Company II, Ltd. ("Supernova") (NYSE:SNII), a special purpose acquisition company, today announced the completion of their Business Combination (the "Business Combination"). The Business Combination was approved by Supernova's shareholders at Supernova's Extraordinary General Meeting held on February 28, 2022. In connection with the closing, Supernova changed its name to "Rigetti Computing, Inc." Starting this morning, Rigetti's common stock and warrants will trade on the Nasdaq Capital Market

WASHINGTON, Feb. 24, 2022 /PRNewswire/ -- Supernova Partners Acquisition Company II, Ltd. ("Supernova") (NYSE:SNII), a special purpose acquisition company, today announced that it expects all conditions to be met, including minimum cash proceeds, subject to shareholder approval, to complete its previously announced business combination with Rigetti Holdings, Inc. ("Rigetti"), a pioneer in hybrid quantum-classical computing. Supernova and Rigetti expect to close the business combination on March 2, 2022, subject to final vote of Supernova shareholders on February 28, 2022. The transaction is expected to raise at least $114.24 million from Supernova trust proceeds (after giving effect to preli

WASHINGTON, Feb. 24, 2022 /PRNewswire/ -- Supernova Partners Acquisition Company II, Ltd. ("Supernova") (NYSE:SNII), a special purpose acquisition company, reminds its shareholders to vote in favor of the previously announced business combination (the "Business Combination") between Supernova and Rigetti Holdings, Inc. ("Rigetti Computing"). The Extraordinary General Meeting will be held virtually via live webcast on February 28, 2022, at 10:00 a.m.  Eastern Time, and can be accessed by visiting https://web.lumiagm.com/242489800. The proxy statement is available at www.sec.gov. Shareholders of record as of the close of business on January 18, 2022 (the "Record Date") will be entitled to vot

Berkeley, CA, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Rigetti Holdings, Inc. ("Rigetti Computing"), a pioneer in hybrid quantum-classical computing systems, today announced Michael Harburn, who previously held the role of Senior Vice President, Fabrication Operations and QPU Engineering at Rigetti, has been appointed Chief Technical Officer. "A key pillar of Rigetti's success is the talent across our technology stack," says Chad Rigetti, CEO and founder of Rigetti Computing. "Michael Harburn has led these teams to accomplish significant milestones and as CTO will continue to oversee and lead the development of our next generation quantum computers." Michael Harburn has more than 25 years' ex

BERKELEY, Calif., Feb. 23, 2022 (GLOBE NEWSWIRE) -- Rigetti Holdings, Inc. ("Rigetti"), a pioneer in hybrid quantum-classical computing systems, today announced that Chad Rigetti, founder and CEO of Rigetti, will participate in a fireside chat at the Morgan Stanley Technology, Media, and Telecom Conference at the Palace Hotel in San Francisco, California. Management will concurrently host one-on-one conversations with interested investors. Information for the event is as follows.  Presentation Date: Thursday, March 10, 2022 Time: 11:30am – 12:00pm (PT) / 2:30pm-3:00pm (ET) A webcast of the event will be available at the following link:  https://cc.webcasts.com/morg007/030722a_js/?e

BERKELEY, Calif., Feb. 22, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing ("Rigetti" or the "Company"), a pioneer in hybrid quantum-classical computing, today announced that Chad Rigetti, founder and CEO of Rigetti, will discuss the Company's recent technology and partnership announcements tomorrow, Wednesday, February 23, 2022.  Webcast Information Time: Wednesday, February 23, 2022 at 8:30 am ET / 5:30 am PT  Speaker: Chad Rigetti, founder and CEO of Rigetti Webcast link: https://kvgo.com/corporate-services/rigetti-business-update-call  An on-demand replay will be available shortly after the conclusion of the presentation through the webcast link.  Commentary Chad Rigetti, foun

WASHINGTON, Feb. 18, 2022 /PRNewswire/ -- Supernova Partners Acquisition Company II, Ltd. (NYSE:SNII) ("Supernova" or the "Company") announced today that it intends to withdraw its listing of its Class A ordinary shares, warrants and units from the New York Stock Exchange (the "NYSE") and lists its common stock and warrants on The Nasdaq Stock Market LLC ("Nasdaq") following, and subject to, the completion of its previously announced business combination and related transactions (the "Proposed Transaction") with Rigetti Holdings, Inc. ("Rigetti"), which is expected to close on or around March 2, 2022 prior to the commencement of trading on that day. In connection with the completion of the P

Berkeley, CA, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Rigetti Holdings, Inc. ("Rigetti"), a pioneer in hybrid quantum-classical computing systems, announced today it has achieved entangling gate fidelities as high as 99.5% on its next-generation chip architecture, crossing what is believed to be a key threshold for commercial quantum computing. The results follow the company's recent announcements on scalability and speed on its production systems, relating to Rigetti's progress toward quantum advantage and fault-tolerant quantum computing. Today's quantum computers are prone to errors, which limit the size and complexity of problems that can be encoded and processed on them. Reducing these er

BERKELEY, Calif. and SANTA CLARA, Calif., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Ampere Computing and Rigetti Computing today announced a strategic partnership to create hybrid quantum-classical computers designed to unlock a new generation of machine learning applications over the cloud. Quantum computing is emerging as potentially one of the most transformative technologies in the world. It is expected to enable scientists and engineers to address problems of extreme computational complexity in areas like climate change, fusion energy, quantitative finance, drug development, and materials science. In each of these sectors, machine learning is playing a critical role in advancing potential s

BERKELEY, Calif., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Rigetti Holdings, Inc. ("Rigetti"), a pioneer in hybrid quantum-classical computing, today announced the commercial availability of its 80-qubit quantum system, Aspen-M. The system is available today to the company's direct and distribution customers through Rigetti Quantum Cloud Services (QCS). Rigetti also reported results of system speed tests run on Aspen-M.  "Last year we introduced the world to our proprietary multi-chip technology. We believe our approach to building quantum computers has tremendous advantages, including allowing us to meet the challenges of scaling to systems capable of solving real-world problems," said Rigetti

Gainers Avenue Therapeutics, Inc. (NASDAQ:ATXI) rose 123.4% to $0.76 in pre-market trading after jumping 36% on Monday. American Rebel Holdings, Inc. (NASDAQ:AREB) rose 28.6% to $1.71 in pre-market trading. American Rebel recently reported closing of $10.5 million public offering. VEON Ltd. (NASDAQ:VEON) rose 27.5% to $0.6570 in pre-market trading. VEON reported its intention to share access to its Augmented Intelligence Platform capabilities and know-how with the international mobile operator community. GBS Inc. (NASDAQ:GBS) rose 26.1% to $0.58 in pre-market trading after declining around 9% on Monday. NeuroSense Therapeutics Ltd. (NASDAQ:NRSN) rose 19.2% to $3.10 in pre-market t

  Also check this: Tesla And 4 Other Stocks Sold By InsidersLosers Kodiak Sciences Inc. (NASDAQ:KOD) shares tumbled 80.4% to close at $9.86 on Wednesday as the company announced negative top-line results from its Phase 2b/3 clinical trial evaluating the KSI-301 in treatment-naïve subjects with neovascular age-related macular degeneration. Esports Entertainment Group, Inc. (NASDAQ:GMBL) fell 58.3% to close at $1.24 after the company reported Q2 earnings results. Kaltura, Inc. (NASDAQ:KLTR) fell 40.9% to close at $1.82 after the company reported weak quarterly sales and issued FY22 forecast. Vertiv Holdings Co (NYSE:VRT) fell 36.7% to close at $12.38 after the company reported worse-than

    On Wednesday, 348 companies hit new 52-week lows. Significant Points From Today's 52-Week Lows: The largest company by market cap to set a new 52-week low was Comcast (NASDAQ:CMCSA). The smallest company by market cap to set a new 52-week low was China SXT Pharmaceuticals (NASDAQ:SXTC). Kodiak Sciences (NASDAQ:KOD)'s stock dropped the most, trading down 79.5% to reach a new 52-week low. Kyndryl Hldgs (NYSE:KD) shares actually gained 0.0%, rebounding after it reached its 52-week low. The following stocks set new 52-week lows on Wednesday: Comcast (NASDAQ:CMCSA) shares moved down 2.92% on Wednesday to hit a new 52-week low of $45.37, drifting down 2.92%. Starbucks (NASDAQ:SB

Supernova Partners Acquisition Company II, Ltd. ("Supernova") (NYSE:SNII), a special purpose acquisition company, announced today that it has filed a definitive proxy statement with the Securities and Exchange Commission ("SEC"). Supernova had previously established January 18, 2022 as the record date (the "Record Date") for its extraordinary general meeting of shareholders (the "Extraordinary General Meeting") to be held to, among other things, approve the proposed business combination (the "Business Combination") between Supernova and Rigetti Holdings, Inc. ("Rigetti Computing"). Supernova has engaged Morrow Sodali LLC ("Morrow Sodali") as its proxy solicitor in connection with the Extrao

Upgrades According to Evercore ISI Group, the prior rating for Clean Energy Fuels Corp (NASDAQ:CLNE) was changed from Underperform to Outperform. For the third quarter, Clean Energy Fuels had an EPS of $0.01, compared to year-ago quarter EPS of $0.01. At the moment, the stock has a 52-week-high of $19.79 and a 52-week-low of $4.70. Clean Energy Fuels closed at $5.70 at the end of the last trading period. According to Jefferies, the prior rating for HEXO Corp (NASDAQ:HEXO) was changed from Underperform to Hold. In the first quarter, HEXO showed an EPS of $0.46, compared to $0.04 from the year-ago quarter. The stock has a 52-week-high of $11.04 and a 52-week-low of $0.46. At the end of the

Benchmark analyst David Williams initiates coverage on Supernova Partners (NYSE:SNII) with a Buy rating and announces Price Target of $19.

Rigetti Computing ("Rigetti"), a pioneer in hybrid quantum-classical computing, and Supernova Partners Acquisition Company II, Ltd. ("Supernova II") (NYSE:SNII), a publicly traded special purpose acquisition company, today announced $45 million in additional commitments for a private placement of Supernova II common stock in connection with their proposed business combination. The commitments include a new investment from Lansdowne Partners (UK) LLP and from an existing PIPE investor. Supernova II previously entered into subscription agreements for a private placement of approximately $103 million of common stock at $10.00 per share in connection with the announcement of the proposed busine