IonQ has closed an underwritten public offering of common stock, pre-funded warrants, and Series C warrants, raising approximately $2.0 billion in gross proceeds. The offering was managed by J.P. Morgan Securities LLC as the sole underwriter and closed on October 16, 2026.
Key Details
- Offering Composition: The offering consisted of 20.5 million shares of common stock and 29.5 million pre-funded warrants. Each share and pre-funded warrant was sold with two Series C warrants, totaling 100 million Series C warrants.
- Pricing & Proceeds: The combined price to the public was $40.00 per share or pre-funded warrant, generating gross proceeds of approximately $2.0 billion for the company.
- Warrant Terms: The Series C Warrants are exercisable immediately at a price of $69.46 per share and have a seven-year term. The Pre-Funded Warrants are exercisable immediately at $0.0001 per share and also have a seven-year term.