SurvivorTechnology
What Happened to IonQ?
Ticker: IONQSPAC Year: 2020
Return
+231.1%
Current Price
$33.11
Peak Price
$84.64
Trust Size
$6.6B
Summary
IonQ is a quantum computing company that builds trapped-ion quantum computers, making it the first pure-play quantum computing company to trade on a public market.
What Happened
IonQ went public in October 2021 through a merger with dMY Technology Group III, raising $636 million in gross proceeds. The company was the first publicly traded pure-play quantum computing hardware and software company. IonQ's stock has been volatile but has benefited from growing investor enthusiasm around quantum computing, with partnerships including Amazon Web Services, Microsoft Azure, and Google Cloud.
Timeline
2020-10-28
S-1 Registration Filed