IonQ ( (IONQ) ) just unveiled an announcement.
On March 10, 2025, IonQ, Inc. announced the termination of its At-the-Market (ATM) equity offering program, which had raised over $372 million through the sale of 16,038,460 shares. The decision to end the program was influenced by recent market disruptions and the company’s assessment that it had secured sufficient capital to meet its needs, boosting its pro forma year-end cash balance to over $700 million. This move reflects IonQ’s strategic positioning to maintain its leadership in the quantum computing and networking sectors, despite turbulent market conditions.
More about IonQ
IonQ, Inc. is a prominent player in the quantum computing and networking industries, known for delivering high-performance systems designed to tackle complex commercial and research challenges. The company offers cutting-edge quantum computers, such as IonQ Forte and IonQ Forte Enterprise, and has been recognized in several prestigious lists for its innovative technology and rapid growth. IonQ’s solutions are available through major cloud providers, enhancing accessibility and impact.
YTD Price Performance: -57.61%
Average Trading Volume: 25,776,841
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $4.07B
For detailed information about IONQ stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com