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Series of events · IonQ

IonQ moves to final DARPA phase and raises capital

IonQ advanced its quantum program and filed to sell shares, followed by a stock drop after a large equity raise.

3 eventsOct 7 to Oct 15IONQ-1.3%QBTS+1.0%RGTI+2.6%

Updated

The flow in 3 points

  1. DARPA contract could reach $300 million
  2. Registration filed for 20.5 million shares
  3. Stock fell 9.5% after $2 billion raise

What happened, in order

Times are Eastern

  1. Where it began

    DARPA final phase

    IonQ entered the last step of DARPA's benchmarking effort under a contract that could reach $300 million.

  2. Share filing

    IonQ filed a registration statement to offer 20.5 million shares.

  3. Latest

    Stock falls

    IonQ stock fell 9.5% to an April low after the company announced a $2 billion share sale.

    Read the story

How they connect

IonQ first moved into the final phase of its DARPA contract. It then filed to offer shares, and its stock dropped after the full $2 billion equity raise was announced.

What to watch

  • DARPA checks Superion machines through 2029

The stocks in this series

  1. IONQ-1.3%IonQ$29.60
  2. QBTS+1.0%D-Wave Quantum$10.47
  3. RGTI+2.6%Rigetti Computing$11.38

Prices from Live · updated 12:57 PM ET. Each tile opens the stock's chart and news.

All series of events

A series is a short summary of connected news, for learning. Not verified and not advice. Check the full stories before you act.