American City Business Journals
IonQ sets sights on new growth targets after going public
Peter Chapman knows that there’s a lot of work yet to do, but on Friday, the IonQ Inc. CEO was content to bask in the historic milestone of taking the quantum computing company to Wall Street. “Today was amazing,” he said in an interview with the Washington Business Journal hours after the College Park company officially went public. IonQ (NYSE: IONQ) made its way to Wall Street after executing its long-planned merger with Las Vegas special purpose acquisition company dMY Technology Group Inc. III. The merger, which was first announced in March and approved Tuesday in a stockholder vote, already delivers IonQ around $635 million in gross proceeds from the dMY SPAC and a collection of private investment and public equity investors.
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