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Form 8-K · Current Report · Filed 2025-02-28

Rigetti Computing Announces Board Member Cathy McCarthy's Departure

On February 24, 2025, Cathy McCarthy, a Board member of Rigetti Computing, Inc., announced her decision not to stand for re-election upon the completion of her current term, which expires at the Company's 2025 Annual Meeting of Stockholders.

Filer
Rigetti Computing Inc. RGTI · NASDAQ
Filed
Accession
0001104659-25-019121
CIK
0001838359
Signal
High impactTechnology

Details

Her decision was not due to any disagreement with the Company. As part of her departure, 73,780 unvested restricted stock units held by Ms. McCarthy will accelerate and vest immediately prior to the 2025 Annual Meeting.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Board Member Departure Key Executive Departure

Market reaction

Close before filing

$8.03

Next session

-4.1%

Since filing

+86.2%

Latest close

$14.95

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from RGTI reporting the same item, with the next session's move:

About Rigetti Computing Inc.

Rigetti Computing Inc. is at the forefront of a burgeoning sector within the technology industry, specializing in quantum computing. The company's main objective is to develop and commercialize quantum computing solutions that can outperform classical computers in specific tasks, which holds promise for industries like pharmaceuticals, finance, and artificial intelligence. Rigetti's pioneering efforts aim to harness the principles of quantum mechanics to create advanced hardware and cloud platforms that enable complex problem-solving and optimization capabilities. Founded in 2013 and headquartered in Berkeley, California, Rigetti endeavors to merge cutting-edge quantum technology with practical applications, potentially revolutionizing computational methods across various domains. By building a quantum computing ecosystem, Rigetti Computing Inc. plays a crucial role in advancing the technological paradigm, making it a significant entity within the rapidly evolving landscape of modern computing.

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