IonQ raises $2B in an equity offering

IonQ

IonQ priced a $2 billion equity offering of common stock, pre-funded warrants and seven-year warrants, bought by Heights Capital Management. Common shares priced at $93 (20% premium to prior close), pre-funded warrants at $93, and seven-year warrants at $155 (100% premium). CEO de Masi called it potentially the largest single-institutional investment in quantum industry history.

• Offering includes 16.5M common shares + 5M pre-funded warrants (both at $93) + 43M seven-year warrants (at $155).
• Closed October 10, 2025 with J.P. Morgan as sole underwriter; capital for global growth and quantum commercialization.