MilestoneIndustryConfirmed
IonQ starts trading on the New York Stock Exchange after a SPAC merger
Oct 1, 2021
IonQ begins trading on the NYSE under the ticker IONQ after merging with dMY Technology Group III, a listed special purpose acquisition company (SPAC). IonQ, which billed itself as the first publicly traded pure-play quantum computing company, reported $636 million in gross proceeds.
Why it matters
It gave public investors a direct way to back a quantum hardware maker; Rigetti and D-Wave followed with their own SPAC listings in 2022.
Related
Sources (2)
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IonQ
IonQ Becomes First Publicly Traded, Pure-Play Quantum Computing Company; Closes Business Combination with dMY Technology Group III
“IonQ ushers in the era of quantum computing, lists on public market to begin trading on NYSE under ticker "IONQ" today, October 1, 2021”
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The Quantum Insider
IonQ Expected to Begin Trading Oct. 1, Gross Proceeds Estimated Over $600 Million
“the combined company’s shares of common stock and public warrants are expected to trade on the New York Stock Exchange beginning on October 1, 2021 under the ticker symbols “IONQ” and “IONQ.WS,” respectively.”
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