secwatch.observer — SEC 8-K summary
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Issuer:     SkyWater Technology, Inc (SKYT)
CIK:        0001819974
Form:       8-K
Filed at:   2026-01-26T23:59:59+00:00
Accession:  0001193125-26-021606
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819974/000119312526021606/0001193125-26-021606-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819974/000119312526021606/d20158d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-021606

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer