Company: IONQ
Filing Date: 2025-07-07
Form Type: 424B5
Source: 0001193125-25-155889
Chunk: 44

Company: IonQ, Inc.
Filing Date: 2025-07-07
Form: 424B5
Chunk 44
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 urged to consult their own tax advisors regarding the United States federal income tax consequences of a cashless exercise of Warrants.

S-30

Disposition of Series A Warrants

Subject to the discussion under the heading “Consequences to Non-U.S. Holders of the Acquisition, Ownership and Disposition of Shares of Common Stock, Pre-funded Warrantsand Warrant Shares - Sale, Taxable Exchange or Other Taxable Dispositions of Shares of Common Stock, Warrants and Warrant Shares” below, a non-U.S.
holder will recognize gain or loss on the sale or other taxable disposition of a Series A Warrant in an amount equal to the difference, if any, between (a) the amount of cash plus the fair market value of any property received and (b) such
non-U.S. holder’s tax basis in the Series A Warrant sold or otherwise disposed of. Any such gain or loss generally will be a capital gain or loss, which will be long-term capital gain or loss if the
Series A Warrant is held for more than one year. Any such gain recognized by a non-U.S. holder will be taxable for United States federal income tax purposes according to rules discussed under the heading
“Consequences to Non-U.S. Holders of the Acquisition, Ownership and Disposition of Shares of Common Stock, Pre-funded Warrants and Warrant Shares - Sale, Taxable Exchange or Other Taxable Dispositions of Shares of Common Stock, Warrants and Warrant Shares,” below.

Expiration of Series A Warrants without Exercise

Upon the expiration of a Series A Warrant, a non-U.S. holder will recognize a loss in an amount equal
to such non-U.S. holder’s tax basis in the Series A Warrant. Any such loss generally will be a capital loss and will be long-term capital loss if the Series A Warrant is held for more than one year.
Deductions for capital losses are subject to complex limitations under the Code.

Certain Adjustments to the Series A Warrants

Under Section 305 of the Code, an adjustment to the number of Warrant Shares that will be issued on the exercise of the Series A Warrants,
or an adjustment to the exercise price of the Series A Warrants, may be treated as a constructive distribution to a non-U.S. holder of the Series A Warrants if, and to the extent that, such adjustment has the
effect of increasing such non-U.S. holder’s proportionate interest in our “earnings and profits” or assets