---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-022750"
form_type: "8-K"
ticker: "SKYT"
cik: "0001819974"
company_name: "SkyWater Technology, Inc"
filed_at: "2026-01-26T23:59:59+00:00"
generated_at: "2026-05-16T08:01:40.462076+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# SkyWater to be acquired by IonQ for $15 cash + IonQ shares (~$35 total per share)

## Summary
- Each SkyWater share converts into $15 cash plus a variable number of IonQ shares (exchange ratio collared between 0.3326 and 0.5265).
- Total implied consideration of approximately $35 per SkyWater share at mid-range; actual value depends on IonQ stock price.
- SkyWater board unanimously approved and recommends stockholders adopt the merger.
- Stockholders holding ~19.87% of voting power have agreed via voting agreement to vote in favor.
- Closing conditions include SkyWater stockholder approval, HSR clearance, and no material adverse effect; expected by Jan 25, 2027.

## SEC filing metadata
- accession: 0001193125-26-022750
- 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: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819974/000119312526022750/0001193125-26-022750-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819974/000119312526022750/d32015d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-022750
- JSON: https://secwatch.observer/filing/0001193125-26-022750.json
- Plain text: https://secwatch.observer/filing/0001193125-26-022750.txt

## Key facts
- Material Agreements
  SkyWater Technology, Inc entered into Agreement and Plan of Merger with IonQ, Inc. (effective 2026-01-25).
  - Action: entry
  - Agreement: merger
  - Counterparty: IonQ, Inc.
  - Effective: 2026-01-25
  source text: On January 25, 2026, SkyWater Technology, Inc., a Delaware corporation (the “Company” or “SkyWater”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with IonQ, Inc., a Delaware corporation (“Parent” or “IonQ”), Iris Merger Subsidiary 1 Inc., a Delaware corporation and a wholly owned subsidiary of IonQ (“Merger Sub 1”), and Iris Merger Subsidiary 2 LLC, a Delaware limited liability company and a wholly owned subsidiary of Parent (“Merger Sub 2”
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819974/000119312526022750/0001193125-26-022750-index.htm

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