Filing Analysis
Quantum-Si Inc. filed an 8-K to announce its quarterly results for the three and six months ended June 30, 2026, and provided a general business update.
📋 Key Facts
- Report date: August 13, 2026
- Reporting period: Three and six months ended June 30, 2026
- The filing includes results of operations and financial condition (Item 2.02)
- Includes a press release as Exhibit 99.1 and non-GAAP financial measures in Exhibit 99.2
Quantum-Si Inc. received a notice from Nasdaq stating it is in violation of the minimum bid price requirement after its stock closed below $1.00 for 30 consecutive business days. The company has an initial 180-day period to regain compliance by January 19, 2027.
🚩 Red Flags
- Delisting notice from Nasdaq
- Stock price has been below $1.00 for 30 consecutive business days
- Potential requirement for a reverse stock split to regain compliance
- Risk of delisting if compliance is not met by January 2027 or the subsequent extension period.
📋 Key Facts
- Received written notice from Nasdaq Listing Qualifications Department on July 23, 2026.
- Violation of Nasdaq Listing Rule 5450(a)(1) due to closing bid price falling below $1.00 for 30 consecutive business days.
- Initial compliance period expires January 19, 2027.
- To regain compliance, the stock must close at or above $1.00 for at least 10 consecutive business days.
- The company may be eligible for an additional 180-day extension if it transfers to Nasdaq Capital Market and potentially executes a reverse stock split.
Quantum-Si Inc. entered into a 120-month lease agreement for approximately 54,374 square feet of office and manufacturing space in San Diego to support its Proteus™ platform development and expanded manufacturing capabilities.
🚩 Red Flags
- Significant long-term lease obligation (120 months) creates substantial future fixed operating expenses.
📋 Key Facts
- Lease term: 120 months starting approx. September 1, 2027 (no later than November 1, 2027).
- Rent: Initial monthly base rent of ~$315,369.20 ($5.80/sq ft), with a 3% annual increase.
- Tenant Allowance: Landlord to contribute up to $17,127,810.00 for tenant improvements.
- Rent Abatement: Months 1 through 20 of the lease term are rent-abated.
- Security/Prepayment: Prepaid rent of $434,448.26 and a security deposit via letter of credit for $2,085,786.64.
- Landlord Assurance: Landlord must provide a $19,475,890.00 letter of credit to ensure funds for tenant improvements.
Quantum-Si Inc. reported the results of its Annual Meeting of Shareholders held on May 15, 2026. Shareholders reelected ten directors, ratified the appointment of PricewaterhouseCoopers LLP as the independent auditor for 2026, and approved executive compensation on an advisory basis.
📋 Key Facts
- The meeting achieved a quorum with 84.59% of the total voting power present.
- Class B common stock carries significant voting power with 20 votes per share compared to 1 vote per share for Class A.
- All ten director nominees, including CEO Jeffrey Hawkins and Founder Jonathan M. Rothberg, were reelected to serve until 2027.
- PricewaterhouseCoopers LLP was ratified as the independent auditor for the fiscal year ending December 31, 2026, with 502,452,749 votes for.
- The advisory vote on executive compensation passed with approximately 97% of votes cast in favor (excluding broker non-votes and abstentions).
Quantum-Si Incorporated reported its financial results for the first quarter ended March 31, 2026, and provided a general business update. The filing serves as a formal vehicle to furnish the earnings press release and associated non-GAAP financial disclosures to the SEC.
📋 Key Facts
- The report covers the three-month fiscal period ending March 31, 2026.
- The filing was made under Item 2.02 (Results of Operations and Financial Condition).
- Jeffry Keyes, Chief Financial Officer, signed the report on May 7, 2026.
- Exhibits include a press release (99.1) and a statement on the use of non-GAAP financial measures (99.2).
Quantum-Si Incorporated announced its financial results for the fourth quarter and full fiscal year ended December 31, 2025. The filing includes a press release and a supplemental discussion on the use of non-GAAP financial measures.
📋 Key Facts
- Reporting date: March 3, 2026
- Financial period: Fourth quarter and full year ended December 31, 2025
- Item 2.02: Results of Operations and Financial Condition
- Exhibits: Press Release (99.1) and Use of Non-GAAP Financial Measures (99.2)
Quantum-Si Incorporated has furnished an updated corporate presentation to its website and as an exhibit to this 8-K. The filing is made pursuant to Item 7.01 (Regulation FD Disclosure) and does not contain material non-public information intended for a specific audience.
📋 Key Facts
- The company posted an updated corporate presentation on December 29, 2025.
- The presentation is available in the 'Investors' section of the company's website.
- The filing includes Exhibit 99.1 containing the presentation slides.
Quantum-Si Incorporated provided an update to the investment community via an Investor & Analyst Day presentation on November 19, 2025. The filing serves as a formal disclosure of these non-binding communications under Regulation FD.
📋 Key Facts
- Company held an 'Investor & Analyst Day' on November 19, 2025.
- Presentation slides and webcast replay are made available on the company's investor relations website.
- The presentation is furnished under Item 7.01 (Regulation FD Disclosure) and is not considered 'filed' for purposes of Section 18 liability.
Quantum-Si Inc. filed an 8-K to announce its quarterly results for the three and nine months ended September 30, 2025, alongside a general business update.
📋 Key Facts
- Reported results for the three and nine months ended September 30, 2025.
- Provided a business update via press release dated November 5, 2025.
- The filing includes non-GAAP financial measures (Exhibit 99.2).
Quantum-Si Incorporated entered into a Sales Agreement with Leerink Partners LLC to facilitate the potential sale of up to $100 million in Class A common stock. This 'at-the-market' (ATM) offering is subject to the effectiveness of a newly filed Form S-3 registration statement.
🚩 Red Flags
- Potential for significant shareholder dilution due to the $100M ATM offering capacity.
- The use of an ATM facility often indicates a need for immediate liquidity or capital preservation in micro-cap biotech/tech firms.
📋 Key Facts
- Entered into a Sales Agreement with Leerink Partners LLC on September 26, 2025.
- The agreement allows for the sale of up to $100,000,000 in Class A common stock.
- Sales will be conducted as an 'at-the-market' offering under Rule 415(a)(4).
- Leerink Partners receives a commission of up to 3.0% of gross proceeds.
- The company filed a Form S-3 registration statement on September 26, 2025, to support this potential offering.
Quantum-Si Inc. entered into a Mutual Release Agreement to early terminate its office lease in New Haven, CT, effective September 23, 2025. The company will pay an $11 million termination fee (net of credits and security deposit) to exit the lease originally scheduled to expire in July 2032.
🚩 Red Flags
- Significant cash outflow ($~10.15M net) to exit a long-term lease early
- The scale of the termination fee relative to typical micro-cap liquidity profiles suggests potential restructuring or footprint optimization.
📋 Key Facts
- Termination Date: September 23, 2025
- Original Lease Expiration: July 31, 2032
- Gross Termination Fee: $11,000,000.00
- Credits applied: $272,618.16 (September recurring charges) and $573,214.50 (security deposit)
- Net cash outflow for termination is approximately $10.15 million
Quantum-Si Incorporated has updated its corporate presentation to provide business updates and summaries to the investment community. The filing is made pursuant to Item 7.01 (Regulation FD Disclosure) and does not constitute a material event or financial statement change.
📋 Key Facts
- Company updated its corporate presentation on August 8, 2025.
- The presentation was posted to the 'Investors' section of the company's website.
- The update is furnished under Item 7.01 (Regulation FD Disclosure) and is not considered 'filed' for purposes of Section 18 liability.
Quantum-Si Inc. filed an 8-K to announce its quarterly results for the three and six months ended June 30, 2025, alongside a general business update.
📋 Key Facts
- Report covers financial results for the periods ending June 30, 2025 (three and six months).
- The filing includes a press release (Exhibit 99.1) containing business updates.
- The company provided non-GAAP financial measures in Exhibit 99.2.
Quantum-Si Inc. announced a registered direct offering of 18.2 million shares and 11.74 million pre-funded warrants for approximately $50 million in gross proceeds. The company is also terminating its existing equity distribution agreement with Canaccord Genuity LLC.
🚩 Red Flags
- Significant dilution: Issuance of 18.2M shares plus ~11.7M pre-funded warrants represents substantial potential dilution for existing shareholders.
- Low share price in offering: The $1.67 offering price is significantly lower than the implied value of the redeemable warrants mentioned in the header ($11.50), suggesting a highly distressed or structured capital raise.
- Termination of previous ATM/Distribution agreement: Replacing one equity financing mechanism with another often indicates a need for immediate, large-scale liquidity.
📋 Key Facts
- Registered Direct Offering: 18,200,000 shares of Class A common stock at $1.67 per share.
- Pre-funded Warrants: 11,740,119 warrants exercisable for one share each at an exercise price of $0.0001 per warrant.
- Expected gross proceeds: Approximately $50 million (before fees).
- Placement Agent: A.G.P./Alliance Global Partners with a 6.0% cash fee.
- Termination of Agreement: Terminated Equity Distribution Agreement with Canaccord Genuity LLC, which had previously raised $36.2 million.
- Use of Proceeds: Product development (Proteus platform), commercialization, manufacturing, R&D, and working capital.
Quantum-Si Inc. reported the results of its Annual Meeting of Stockholders held on May 16, 2025. The meeting included the reelection of board members and ratification of the company's independent auditor.
📋 Key Facts
- Annual Meeting held on May 16, 2025, with a quorum representing approximately 85.09% of total voting power.
- Ten nominees were reelected to the Board of Directors until the 2026 annual meeting.
- PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
- Shareholders approved the advisory vote on executive officer compensation.
Quantum-Si Inc. filed an 8-K to announce its quarterly results for the three months ended March 31, 2025, and provided a general business update via press release.
📋 Key Facts
- Report date: May 15, 2025
- Reporting period: Three months ended March 31, 2025
- The filing includes results of operations and financial condition updates.
- Includes a press release (Exhibit 99.1) and non-GAAP financial measures (Exhibit 99.2).
Quantum-Si Inc. filed an 8-K to furnish an updated corporate presentation to the investment community via its website and as Exhibit 99.1.
📋 Key Facts
- The company updated its corporate presentation on April 10, 2025.
- The presentation is furnished under Item 7.01 (Regulation FD Disclosure) and is not considered 'filed' for purposes of Section 18 liability.
- The update was posted to the 'Investors' section of the company's website.
Quantum-Si Inc. filed an 8-K to announce its financial results for the fourth quarter and full year ended December 31, 2024, alongside a business update.
📋 Key Facts
- Reporting period: Fourth quarter and full year ended December 31, 2024.
- Filing date: March 3, 2025.
- The filing includes a press release (Exhibit 99.1) regarding results of operations and financial condition.
Quantum-Si Inc. entered into a securities purchase agreement to conduct a registered direct offering of 15,625,000 shares at $3.20 per share. The company expects to raise approximately $50 million in gross proceeds to fund product development and working capital.
🚩 Red Flags
- Significant dilution for existing shareholders due to the issuance of 15.6M new shares.
- The offering price ($3.20) is likely at a significant discount to recent market prices (implied by the need for a registered direct offering), which can signal immediate downward pressure on stock price.
📋 Key Facts
- Offering size: 15,625,000 shares of Class A common stock.
- Price per share: $3.20.
- Expected gross proceeds: $50 million (before fees).
- Placement Agent: A.G.P./Alliance Global Partners (6.0% cash fee).
- Use of proceeds: Proteus™ platform development, commercialization, manufacturing, R&D, and general corporate purposes.
- Closing date: Expected January 6, 2025.
Quantum-Si Inc. has entered into a new $75 million 'at the market' (ATM) equity distribution agreement with Canaccord Genuity LLC to sell Class A common stock from time to time.
🚩 Red Flags
- Potential for significant shareholder dilution through the 'at the market' offering program.
- The company is actively seeking to raise capital via equity, which can be a sign of cash runway management needs in micro-cap/growth biotech firms.
📋 Key Facts
- Entered into an Equity Distribution Agreement with Canaccord Genuity LLC on December 11, 2024.
- The ATM offering allows for the sale of up to $75 million in aggregate value of Class A common stock.
- Canaccord will act as sales agent with a commission rate of up to 3.0% of gross sales price.
- The company terminated its previous $75 million ATM agreement with Evercore Group L.L.C., noting that no shares had been sold under that specific agreement.
Quantum-Si Inc. has regained compliance with Nasdaq's minimum bid price requirement after previously falling below the $1.00 threshold for 30 consecutive business days. The company was granted a 180-day window to rectify the issue, which is now considered closed by Nasdaq staff.
🚩 Red Flags
- History of price volatility leading to potential delisting risk (bid price < $1.00).
- Risk of future delisting if the stock price fails to maintain compliance in the future.
📋 Key Facts
- The Company received a notice on November 4, 2024, regarding non-compliance with Nasdaq Listing Rule 5450(a)(1).
- Non-compliance was due to the closing bid price falling below $1.00 for 30 consecutive business days.
- Nasdaq notified the Company on December 5, 2024, that it has regained compliance with the Bid Price Requirement.
- The delisting matter is currently considered closed by Nasdaq staff.
Quantum-Si Incorporated has announced a significant organizational restructuring program aimed at streamlining resources for its Proteus platform. This includes the termination of approximately 23% of its total workforce.
🚩 Red Flags
- Significant workforce reduction (23%) often indicates a need for rapid cash preservation or a shift in strategic direction due to financial pressure.
- The company is incurring immediate cash outflows ($2.6M total) during a period of restructuring, which can impact liquidity.
📋 Key Facts
- Termination of approximately 23% of the company's 187-employee workforce.
- Expected one-time cash charges for severance/benefits: ~$2.3 million in 2024 and ~$0.3 million in H1 2025.
- Expected non-cash expense related to stock option modifications: ~$0.2 million over the remainder of 2024.
- Restructuring is expected to be substantially complete by Q4 2024.
Quantum-Si Inc. filed an 8-K to furnish a corporate presentation delivered during its Investor & Analyst Day on November 20, 2024. The filing is for Regulation FD purposes and does not contain material non-public information that hasn't been disclosed via the webcast/slides.
📋 Key Facts
- The company held an 'Investor & Analyst Day' on November 20, 2024.
- Corporate presentation slides and a webcast replay were made available to the public.
- Information was furnished under Item 7.01 (Regulation FD Disclosure) rather than filed as material non-public information.
Quantum-Si Inc. filed an amendment to its 8-K to correct a clerical error regarding the compliance deadline for Nasdaq's minimum bid price requirement. The company received notice that its stock fell below $1.00 for 30 consecutive business days, triggering a potential delisting process.
🚩 Red Flags
- Delisting notice received from Nasdaq due to sustained low stock price.
- Stock has failed to maintain a minimum bid price of $1.00 for over 30 consecutive business days.
- Risk of delisting if the company cannot achieve a 10-day streak above $1.00 by May 2025.
📋 Key Facts
- Received written notice from Nasdaq on November 4, 2024, regarding non-compliance with the minimum bid price requirement (Nasdaq Listing Rule 5450(a)(1)).
- The stock closed below $1.00 for 30 consecutive business days.
- The company has an initial compliance period of 180 days, ending on May 5, 2025.
- To regain compliance, the closing bid price must be at least $1.00 for a minimum of 10 consecutive business days.
- If compliance is not met by May 5, 2025, the company may seek an additional 180-day period to transfer listing to Nasdaq Capital Market.
Quantum-Si Inc. filed an 8-K to announce its quarterly results for the three and nine months ended September 30, 2024, along with a general business update.
📋 Key Facts
- Reported financial results for the three and nine months ended September 30, 2024.
- Provided a company business update via press release dated November 12, 2024.
- The filing includes non-GAAP financial measures as per Exhibit 99.2.
Quantum-Si Inc. received a notice from Nasdaq stating it is in violation of the minimum bid price requirement because its stock closed below $1.00 for 30 consecutive business days. The company has been granted an initial 180-day compliance period to regain compliance.
🚩 Red Flags
- Delisting notice received from Nasdaq
- Stock price has been below $1.00 for 30 consecutive business days
- Risk of delisting if compliance requirements are not met within the grace period
📋 Key Facts
- Received written notice from Nasdaq on November 4, 2024.
- Violation of Nasdaq Listing Rule 5450(a)(1) due to closing bid price falling below $1.00 for 30 consecutive business days.
- Initial compliance period granted until May 5, 2025 (Note: filing text contains a likely typo stating 'May 5, 2024', but context implies 2025).
- To regain compliance, the stock must close at $1.00 or higher for at least 10 consecutive business days.
- If compliance is not met by the initial deadline, a second 180-day period may be available via transfer to Nasdaq Capital Market.
Quantum-Si Inc. announced the resignation of Chief Commercial Officer Grace Johnston and the subsequent appointment of Todd Bennett to the same role.
🚩 Red Flags
- Executive turnover in a key commercial role can sometimes indicate shifts in strategy or internal friction, though no specific reason was provided.
📋 Key Facts
- Grace Johnston, Ph.D., resigned as Chief Commercial Officer effective September 6, 2024.
- Todd Bennett appointed as new Chief Commercial Officer effective September 17, 2024.
- The filing includes a press release regarding the leadership transition (Exhibit 99.1).
Quantum-Si Inc. filed an 8-K to furnish an updated corporate presentation to the investment community under Regulation FD. The filing does not contain material financial changes or structural shifts.
📋 Key Facts
- The company posted an updated corporate presentation to its website on August 12, 2024.
- The presentation is furnished as Exhibit 99.1 and is considered non-filed information under Section 18 of the Exchange Act.
- The filing includes registration details for Class A common stock (QSI) and Redeemable Warrants (QSIAW).
Quantum-Si Inc. issued an 8-K to announce its quarterly results for the three and six months ended June 30, 2024, alongside a general business update.
📋 Key Facts
- Reporting period: Three and six months ended June 30, 2024.
- Filing date: August 7, 2024.
- The filing includes results of operations and financial condition updates via a press release (Exhibit 99.1).
- Includes non-GAAP financial measures (Exhibit 99.2).
Quantum-Si Inc. filed an 8-K to furnish an updated corporate presentation to the investment community via its website and as Exhibit 99.1.
📋 Key Facts
- The company updated its corporate presentation on June 25, 2024.
- Information is being furnished under Item 7.01 (Regulation FD Disclosure) and is not considered 'filed' for liability purposes.
- The presentation is available in the Investors section of the company's website.
Quantum-Si Inc. has dismissed Deloitte & Touche LLP and appointed PricewaterhouseCoopers LLP (PwC) as its independent registered public accounting firm for the fiscal year ending December 31, 2024.
🚩 Red Flags
- Auditor change (Deloitte to PwC) often warrants closer scrutiny regarding the reasons for the transition.
- History of material weaknesses in internal control over financial reporting, specifically concerning warrant accounting and outsourced finance functions.
📋 Key Facts
- Effective June 4, 2024, PwC was appointed as the new independent auditor.
- Deloitte & Touche LLP was dismissed as the company's independent auditor.
- The company reported no disagreements with Deloitte regarding accounting principles or auditing procedures.
- Previous reportable events include material weaknesses in internal control over financial reporting related to inaccurate accounting for Public and Private Warrants and a lack of an internal finance function due to outsourcing.
Quantum-Si Incorporated announced a leadership change in its Board of Directors, appointing Charles Kummeth as the new Chairperson. This move involves an expansion of the Board size from nine to ten members.
📋 Key Facts
- Charles (Chuck) Kummeth elected to the Board and appointed as Chairperson effective May 27, 2024.
- Jonathan M. Rothberg, Ph.D., transitions from Chairperson to Director.
- The Board size increased from nine to ten members.
- Kummeth received a one-time special grant of 527,777 non-qualified stock options with an aggregate fair value of $570,000.
- Options vest in equal annual installments over three years.
Quantum-Si Inc. disclosed the filing of a punitive class action lawsuit in the Delaware Court of Chancery regarding its business combination with HighCape Capital Acquisition Corp.
🚩 Red Flags
- Litigation risk: The company notes there is no assurance defendants will be successful in their defense.
- Financial uncertainty: Uncertainty regarding whether insurance coverage will be adequate to cover potential settlements or litigation costs.
📋 Key Facts
- Lawsuit filed on May 16, 2024, styled 'Farzad v. HighCape Capital, et al.'
- Claims involve breach of fiduciary duty and unjust enrichment against former officers/directors of HighCape and Foresite Capital Management.
- Allegations focus on an unfair process and conflicts of interest that allegedly impacted the mispricing of the Business Combination.
- The lawsuit seeks unspecified damages, attorneys' fees, and costs.
Quantum-Si Inc. reported the results of its 2024 annual meeting of stockholders held on May 15, 2024. Shareholders approved several key charter amendments and reelected the existing Board of Directors.
🚩 Red Flags
- The 'Sunset Amendment' involves the automatic conversion of Class B common stock in 2028, which typically impacts control structures and potential dilution/conversion dynamics for Class A holders.
📋 Key Facts
- Shareholders approved 'Director Cap Amendments' to remove the cap on the number of directors serving on the Board.
- Shareholders approved the 'Sunset Amendment,' which mandates the automatic conversion of Class B common stock effective June 10, 2028.
- The reelection of nine current directors was ratified by shareholders.
- Deloitte & Touche LLP was ratified as the independent registered public accounting firm for fiscal year ending December 31, 2024.
- Executive compensation advisory votes were approved.
- Quorum was established with approximately 88.45% of total voting power represented.
Quantum-Si Inc. filed an 8-K to announce its first quarter 2024 financial results and provide a general business update. The filing is primarily a procedural announcement of the earnings release rather than a disclosure of a specific material event like a merger or bankruptcy.
📋 Key Facts
- Reporting period: First quarter ended March 31, 2024.
- Filing date: May 9, 2024.
- The company furnished a press release (Exhibit 99.1) containing results of operations and financial condition.
- Included use of non-GAAP financial measures in Exhibit 99.2.
Quantum-Si Inc. filed an 8-K to furnish an updated corporate presentation to the investment community via its website and as Exhibit 99.1.
📋 Key Facts
- The company updated its corporate presentation on April 9, 2024.
- Information was furnished under Item 7.01 (Regulation FD Disclosure).
- The filing is for informational purposes and does not constitute a determination of materiality.
Quantum-Si Incorporated announced the appointment of Paula Dowdy to its Board of Directors, effective March 21, 2024. Ms. Dowdy brings extensive leadership experience from companies including Illumina, Inc., Cisco Systems, and AVEVA Group plc.
📋 Key Facts
- Paula Dowdy appointed to the Board of Directors effective March 21, 2024.
- Ms. Dowdy will serve until the Company's next annual meeting of stockholders.
- The Board determined Ms. Dowdy is an independent director per Nasdaq rules.
- Compensation follows the standard Nonemployee Director Compensation Policy.
- Ms. Dowdy has over 35 years of global commercial and operational experience.
Quantum-Si Inc. announced amendments to performance-based stock option awards for its CEO and CFO. The changes adjust the vesting conditions of existing options to align with specific Class A Common Stock price targets over a three-year period.
🚩 Red Flags
- None identified in this specific filing; these are standard performance-based incentive adjustments.
📋 Key Facts
- CEO Jeffrey Hawkins: Amendments to two options (1.5X and 3.5X) totaling 2,780,000 shares; vesting tied to stock prices of $6.00, $8.00, $10.00, and $12.00.
- CFO Jeffry Keyes: Amendments to two options (1X and 3X) totaling 1,000,000 shares; vesting tied to stock prices of $6.00, $8.00, $10.00, and $12.00.
- Vesting conditions require the stock price to be at the target for 20 out of 30 consecutive trading days within 3 years of March 15, 2024.
- The amendments are designed to better align executive compensation with shareholder value.
Quantum-Si Inc. filed an 8-K to announce its financial results for the fourth quarter and full year ended December 31, 2023, alongside a business update.
📋 Key Facts
- Reporting period: Fourth quarter and full year ended December 31, 2023.
- Filing date: February 29, 2024.
- The filing includes the announcement of results via press release (Exhibit 99.1).
- The company is an emerging growth company.
Quantum-Si Incorporated announced product enhancements for its Platinum protein sequencing platform, specifically the release of new V2 Sequencing Kits. The update includes peptide barcodes and expanded sample type compatibility.
📋 Key Facts
- Announced launch of platform enhancements for the Platinum protein sequencing instrument.
- Release of new V2 Sequencing Kits.
- Enhancements include incorporation of peptide barcodes.
- New kits accommodate a wider range of sample types.