IONQ Inc (IONQ) Announces $500M ATM

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Go back to IONQ Inc (IONQ) Announces $500M ATM

IonQ Announces At-the-Market Equity Offering Program for up to $500 Million

February 26, 2025 4:46 PM EST

COLLEGE PARK, Md.--(BUSINESS WIRE)-- IonQ (NYSE: IONQ), a leader in the quantum computing and networking industries, today announced that it has entered into an equity distribution agreement with Morgan Stanley & Co. LLC (Morgan Stanley) and Needham & Company LLC (Needham) under which it may offer and sell shares of its common stock having an aggregate offering price of up to $500 million from time to time, pursuant to an at-the-market equity offering program (the ATM Program).

The Company intends to use the net proceeds for general corporate purposes, which may include, among other things, scaling... More