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COLLEGE PARK, MD – IonQ, Inc. (NYSE:IONQ), a leader in quantum computing, has announced amendments to its bylaws affecting quorum requirements and advance notice provisions for stockholder meetings. The changes, approved by the company’s Board of Directors on Monday, took effect immediately.
The updated bylaws now state that a quorum for stockholder meetings will be constituted by the presence of one-third of the voting power of outstanding shares, whether in person, by remote communication if applicable, or by proxy. Previously, a majority of the voting power was required to establish a quorum.
Additionally, IonQ has refined its advance notice procedures for stockholder meetings, aligning them with current best practices. These amendments are detailed in the full text of the Amended Bylaws, which were filed as part of the company’s recent SEC Form 8-K.
IonQ, incorporated in Delaware and headquartered in College Park, Maryland, specializes in computer integrated systems design. The company, formerly known as dMY Technology Group, Inc. III, has made these changes to its bylaws as part of its ongoing governance and operational adjustments.
The company’s common stock and warrants are traded on the New York Stock Exchange under the symbols IONQ and IONQ WS, respectively. This information is based on the latest 8-K filing with the United States Securities and Exchange Commission.
In other recent news, IonQ has announced several strategic developments that highlight its expanding role in the quantum computing landscape. IonQ recently reported the availability of its Forte Enterprise quantum computer on Amazon (NASDAQ:AMZN) Braket, a move that underscores the company’s efforts to broaden access to quantum computing technologies. This collaboration with Amazon Web Services is designed to facilitate the creation of commercial applications across industries such as life sciences and financial services. Additionally, IonQ has been selected to participate in the first stage of DARPA’s Quantum Benchmarking Initiative, which aims to explore the feasibility of industrial-scale quantum computers. This involvement positions IonQ to contribute valuable insights into the development of utility-scale quantum systems.
Furthermore, IonQ has entered into a Memorandum of Understanding with Intellian Technologies to enhance satellite communications using quantum networking technologies. This partnership aims to advance secure satellite-to-satellite and ground-to-satellite communications. In Japan, IonQ has also established a partnership with G-QuAT, a division of Japan’s National Institute of Advanced Industrial Science and Technology, to further quantum computing advancements in the region. These collaborations reflect IonQ’s commitment to expanding its global presence and supporting quantum technology development. The company’s recent achievements, including the commissioning of a quantum networking system at the U.S. Air Force Research Lab, highlight its ongoing dedication to making quantum technologies accessible and commercially viable.
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