TORONTO, May 21, 2026 /CNW/ - Xanadu Quantum Technologies Limited ("Xanadu" or the "Company"; (Nasdaq: XNDU) (TSX: XNDU), a leading photonic quantum computing company, today announced that it has entered into a synthetic at-the-market equity facility for up to $300 million (the "Program") with YA II PN, Ltd. ("Yorkville Advisors"). The Company intends to use the net proceeds, if any, for working capital and general corporate purposes.
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Xanadu Announces $300 Million Synthetic At-The-Market Program
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