Rigetti Computing Inc. (RGTI) has disclosed a new risk, in the Share Price & Shareholder Rights category.
Rigetti Computing Inc. faces heightened financial risk due to potential defaults on senior securities. This concern stems from the company’s obligation to prioritize these securities’ payments in the event of financial distress, potentially straining liquidity. Failure to meet these obligations could result in significant repercussions, including loss of investor confidence and credit downgrades. Consequently, Rigetti must carefully manage its capital structure and cash flows to mitigate the risks associated with defaults upon senior securities.
Overall, Wall Street has a Strong Buy consensus rating on RGTI stock based on 4 Buys.
To learn more about Rigetti Computing Inc.’s risk factors, click here.
