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BRANFORD, CT—Christian LaPointe, the General Counsel and Corporate Secretary at Quantum-Si Inc (NASDAQ:QSI), recently sold 4,896 shares of the company’s Class A Common Stock. The transaction, which took place on March 21, 2025, was executed at a weighted average price of $1.3855 per share, bringing the total sale value to approximately $6,783. The sale occurred as the company, currently valued at $271.6 million, trades below its InvestingPro Fair Value.
This sale was conducted as part of a mandatory sell-to-cover provision to meet federal, state, and local tax withholding obligations associated with the vesting of previously granted restricted stock units. Following this transaction, LaPointe retains direct ownership of 983,480 shares of Quantum-Si. The stock has experienced significant volatility recently, declining 10.3% in the past week, though maintaining a strong cash position according to InvestingPro analysis, which reveals 10 additional key insights about the company’s financial health.
The shares were sold at prices ranging from $1.36 to $1.405 per share. Further details regarding the specific number of shares sold at each price are available upon request to the U.S. Securities and Exchange Commission, the issuer, or a security holder of Quantum-Si.
In other recent news, QuantumSi Inc. reported its fourth-quarter 2024 earnings, revealing a larger loss per share than expected and lower-than-anticipated revenue. The company posted an EPS of -$0.23, missing the forecast of -$0.19, and reported revenue of $1.2 million, which was below the expected $1.79 million. Despite this, revenue increased by 52% from the previous quarter, and for the full year, the company saw a 183% rise in revenue compared to 2023. QuantumSi launched a new product, Platinum Pro, in January 2025, and is set to launch its Proteus platform in the second half of 2026. The company raised $50 million in January 2025, adding to its cash and equivalents of $209.6 million, providing a cash runway into the second half of 2027. Analysts from firms like Canaccord Genuity and H.C. Wainwright inquired about the impact of the Platinum Pro launch and the company’s ongoing international expansion efforts. QuantumSi expects revenue of at least $900,000 for the first quarter of 2025, while acknowledging uncertainties such as potential NIH funding impacts on its academic market.
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