On February 26, 2025, IonQ, a leader in the quantum computing and networking industries, announced that it has entered into an equity distribution agreement with Morgan Stanley & Co. and Needham & Company under which it may offer and sell shares of its common stock having an aggregate offering price of up to $500 million from time to time, pursuant to an “at-the-market” equity offering program. Wilson Sonsini Goodrich & Rosati is advising IonQ on the offering.

IonQ intends to use the net proceeds for general corporate purposes, which may include, among other things, acceleration of its networking business and the creation of new lines of growth in promising application areas.

The Wilson Sonsini team advising IonQ includes Mark Fitzgerald, Mark Bass, Roz Lynch, Erica Wolfe Heinz, and Taylor Miller.

For more information, please see IonQ’s news release.