---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-021606"
form_type: "8-K"
ticker: "SKYT"
cik: "0001819974"
company_name: "SkyWater Technology, Inc"
filed_at: "2026-01-26T23:59:59+00:00"
generated_at: "2026-05-16T08:02:41.981381+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# IonQ to acquire SkyWater for $35/share in cash-and-stock deal valued at ~$1.8B

## Summary
- Purchase price $35/share: $15 cash + $20 IonQ stock; 38% premium to 30-day VWAP.
- Deal valued at ~$1.8B total equity; SkyWater shareholders will own 4.4-6.7% of combined company.
- Expected close Q2/Q3 2026, subject to SkyWater shareholder approval and regulatory clearances.
- SkyWater to operate as wholly owned subsidiary; Thomas Sonderman remains CEO of subsidiary.
- IonQ expects 2025 revenue at high end or above $106-110M range.

## SEC filing metadata
- accession: 0001193125-26-021606
- form_type: 8-K
- ticker: SKYT
- cik: 0001819974
- company_name: SkyWater Technology, Inc
- filed_at: 2026-01-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819974/000119312526021606/0001193125-26-021606-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819974/000119312526021606/d20158d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-021606
- JSON: https://secwatch.observer/filing/0001193125-26-021606.json
- Plain text: https://secwatch.observer/filing/0001193125-26-021606.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.