SECsense Logo

IonQ, Inc. 8-K Report: Key Insights on Stock and Warrants

$IONQ
Form 8-K
Filed on: 2024-12-20
Source
IonQ, Inc. 8-K Report: Key Insights on Stock and Warrants

Here’s a breakdown of the key information extracted from the provided financial report section:

  1. Company Identification:
  • Company Name: IonQ, Inc.
  • CIK (Central Index Key): 0001824920
  • SEC File Number: 001-39694
  • Employer Identification Number (EIN): 85-2992192
  • Address: 4505 Campus Drive, College Park, MD 20740
  • Contact Number: 301-298-7997
  1. Filing Information:
  • Filing Type: 8-K (Current Report)
  • Filing Date: December 16, 2024
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.0001 per share
    • Trading Symbol: IONQ
    • Exchange: NYSE (New York Stock Exchange)
  • Warrants:
    • Description: Each warrant is exercisable for one share of common stock at a price of $11.50 per share.
    • Trading Symbol: IONQ WS
    • Exchange: NYSE (New York Stock Exchange)
  1. Contextual Details:
  • The report provides detailed metadata for the financial statements, including periods and dimensions related to common stock and warrants, reflecting the company's structure and offering.

Insights:

  • Stock Structure: The company has a low par value for its common stock, which is common among growth-oriented tech companies, indicating potential for future capital raises.
  • Warrants: The presence of warrants exercisable at $11.50 could represent a potential dilution of shares but also an opportunity for raising additional capital if exercised.
  • Filing Timing: The filing date suggests that any significant events or changes that occurred around this time are important to understanding the company's current financial position and strategy.

This information is essential for investors and analysts looking to assess IonQ's market position and evaluate potential investment opportunities.