secwatch.observer — SEC 8-K summary
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Issuer:     SkyWater Technology, Inc (SKYT)
CIK:        0001819974
Form:       8-K
Filed at:   2026-07-31T13:00:16+00:00
Accession:  0001193125-26-327137
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.02, 2.01, 3.01, 3.03, 5.03, 5.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SkyWater completes merger with IonQ; shareholders receive $15 cash + 0.4883 IonQ shares per share
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- Merger closed July 31, 2026; SkyWater becomes wholly-owned subsidiary of IonQ.
- Per share consideration: $15.00 cash plus 0.4883 IonQ common shares.
- SkyWater stock to be delisted from Nasdaq; trading halted prior to close.
- All SkyWater directors resigned effective at merger close.
- Existing credit facility repaid and terminated; no early termination penalties.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819974/000119312526327137/0001193125-26-327137-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819974/000119312526327137/d49031d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-327137

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