---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-021616"
form_type: "8-K"
ticker: "IONQ"
cik: "0001824920"
company_name: "IonQ, Inc."
filed_at: "2026-01-26T23:59:59+00:00"
generated_at: "2026-05-16T08:01:59.864265+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# IonQ to acquire SkyWater Technology for $15 cash + stock per share; total ~$35/share

## Summary
- IonQ to acquire SkyWater in two-step merger for $15 cash plus stock (Exchange Ratio collared between 0.3326 and 0.5265 IonQ shares).
- SkyWater Board unanimously approved; holders of ~19.87% of SkyWater shares signed Voting Agreement to vote in favor.
- Termination fee of ~$51.6M; if antitrust blocks deal, SkyWater issues 2.86M shares to IonQ for $100M.
- Joint press release includes IonQ's 2025 fiscal year guidance (specific figures not in this filing).
- Transaction subject to SkyWater stockholder approval, HSR clearance, and other conditions; expected close by Jan 25, 2027.

## SEC filing metadata
- accession: 0001193125-26-021616
- form_type: 8-K
- ticker: IONQ
- cik: 0001824920
- company_name: IonQ, Inc.
- filed_at: 2026-01-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1824920/000119312526021616/0001193125-26-021616-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1824920/000119312526021616/d10479d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-021616
- JSON: https://secwatch.observer/filing/0001193125-26-021616.json
- Plain text: https://secwatch.observer/filing/0001193125-26-021616.txt

## Key facts
- Material Agreements
  IonQ, Inc. entered into Agreement and Plan of Merger with SkyWater Technology, Inc., Iris Merger Subsidiary 1 Inc., and Iris Merger Subsidiary 2 LLC (effective 2026-01-25).
  - Action: entry
  - Agreement: merger
  - Counterparty: SkyWater Technology, Inc., Iris Merger Subsidiary 1 Inc., and Iris Merger Subsidiary 2 LLC
  - Effective: 2026-01-25
  source text: On January 25, 2026, IonQ, Inc., a Delaware corporation (the “ Company ”), SkyWater Technology, Inc., a Delaware corporation (“ SkyWater ”), Iris Merger Subsidiary 1 Inc., a Delaware corporation (“ Merger Sub 1 ”), and Iris Merger Subsidiary 2 LLC, a Delaware limited liability company (“ Merger Sub 2 ” and, together with Merger Sub 1, the “ Merger Subs ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1824920/000119312526021616/0001193125-26-021616-index.htm

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