Overview
- The package comprises 16.5 million common shares at $93, about 5 million pre‑funded warrants at $93, and seven‑year warrants for roughly 43 million shares exercisable at $155.
- An entity managed by Heights Capital Management acquired all of the securities.
- IonQ shares slipped about 2% in premarket trading to roughly $76 after the pricing announcement.
- Management says the funding will support scaling across computing, networking, and sensing, with the CEO describing the raise as a milestone for the quantum sector.
- IonQ highlights growing traction with trailing‑12‑month revenue of $52 million up 67% year over year, customer access via AWS, Azure, and Google Cloud, and a trapped‑ion approach that operates near room temperature.