Every material Form 8-K Rigetti Computing, Inc. has filed with the SEC since August 19, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Rigetti's subsidiary signed an Other Transaction Agreement with the U.S. Department of Commerce on September 4, 2026, for up to $100 million in CHIPS Act funding for superconducting quantum computing research. As a condition of the award, Rigetti agreed to issue 7,739,938 shares of common stock to the Department at an implied price of $12.92 per share, which will dilute existing stockholders.
Award of up to $100 million, paid in tranches of $43.9 million, $29.9 million and $26.2 million if milestones are met
Agreement signed September 4, 2026; share issuance under a Securities Issuance Agreement dated September 8, 2026, at an implied $12.92 per share
Department may demand repayment of payments as a debt for material non-compliance, and may terminate the agreement
Shares were issued in a private transaction exempt from registration under Section 4(a)(2) of the Securities Act
Rigetti Computing director Dr. Ray Johnson notified the company on August 19, 2026 that he will resign from its Board of Directors effective August 28, 2026. The filing states that the resignation was not due to any disagreement with the company on its operations, policies or practices.
Dr. Ray Johnson's board resignation takes effect August 28, 2026
Notice given to the company on August 19, 2026
Filing states no disagreement with the company on operations, policies or practices
Rigetti Computing appointed David Rivas to the newly created role of Chief Operating Officer and Andrew Bestwick as Chief Technology Officer, both effective August 18, 2026. The company said the changes create a dedicated systems delivery organization to handle deployments and support, while engineering focuses on processor development and its roadmap.
David Rivas, previously Chief Technology Officer, became Chief Operating Officer; his annual base salary was increased to $440,000.
Andrew Bestwick, previously Senior Vice President, Quantum Systems since January 2024, was appointed Chief Technology Officer.
Both executives report to President and CEO Dr. Subodh Kulkarni; the filing states the appointments are effective August 18, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Rigetti Computing, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →