Rigetti Computing, Inc. — Form 8-K

Rigetti Co, LLC (subsidiary of Rigetti Computing, Inc., $3.8B market cap) entered into an Other Transaction Agreement with the U.S. Department of Commerce on September 4, 2026, for a $100 million award to fund advanced microelectronics R&D focused on superconducting quantum computing. Funding is structured in tranches: $43.9M immediately upon Award Date, $29.9M upon achieving Tranche 1 milestones, and $26.2M upon achieving Tranche 2 milestones. Rigetti issued 7,739,938 common shares (unredacted number in Exhibit A) to the Department as equity consideration. The agreement runs through September 4, 2031 (5-year period) with significant restrictions on domestic control, foreign entity involvement, and IP rights.