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IonQ, Inc. (NYSE:IONQ) announced Monday that it filed a prospectus supplement with the Securities and Exchange Commission to allow the resale of 2,108,993 shares of its common stock by the University of Chicago. The filing was made in accordance with a registration rights agreement entered into on November 7, 2025, and effective as of Monday, between IonQ and the University of Chicago. The quantum computing company, currently trading at $59.27 with a market capitalization of $21 billion, has seen its stock price surge 139% over the past year despite significant price volatility, according to InvestingPro data.
The shares covered by the prospectus supplement are part of a registration statement previously filed by IonQ on Form S-3ASR on February 26, 2025. The registration rights agreement grants the University of Chicago the ability to resell these shares.
A legal opinion from Paul, Weiss, Rifkind, Wharton & Garrison LLP relating to the shares covered by the prospectus supplement was also filed as part of the submission.
IonQ’s common stock and warrants trade on the New York Stock Exchange under the symbols NYSE:IONQ and NYSE:IONQ WS, respectively.
This information is based on a press release statement and related SEC filing made by IonQ.
In other recent news, IonQ Inc. reported its third-quarter 2025 earnings, revealing a revenue of $39.9 million, which significantly exceeded the forecasted $26.98 million. This strong performance highlights the company’s robust financial health. Additionally, IonQ has been selected for Stage B of the Defense Advanced Research Projects Agency’s (DARPA) Quantum Benchmarking Initiative, following its successful completion of Stage A. This initiative aims to develop a detailed research and development roadmap for utility-scale quantum computing performance through 2033.
In another development, Cantor Fitzgerald raised its price target for IonQ to $70 from $60, maintaining an Overweight rating. The firm cited IonQ’s early-stage commercialization of its technology as a key factor for this optimistic outlook. Cantor Fitzgerald believes IonQ could capture 30% of the quantum hardware, software, and services market by 2035. These recent developments reflect IonQ’s growing influence in the quantum computing sector.
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