Company: IONQ
Filing Date: 2025-07-07
Form Type: 424B5
Source: 0001193125-25-155889
Chunk: 43

Company: IonQ, Inc.
Filing Date: 2025-07-07
Form: 424B5
Chunk 43
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uctions for capital losses are subject to complex limitations under the Code.

Consequences to Non-U.S.Holders

Consequences to Non-U.S.Holders of the Exercise, Expiration and Disposition of Series A Warrants

Exercise of Series A Warrants

A non-U.S. holder generally will not recognize gain or loss on the exercise of a Series A Warrant and
related receipt of a Warrant Share. A non-U.S. holder’s initial tax basis in the Warrant Share received on the exercise of a Series A Warrant generally will be equal to the sum of (a) such non-U.S. holder’s tax basis in such Series A Warrant plus (b) the exercise price paid by such non-U.S. holder on the exercise of such Series A Warrant. It is unclear
whether a non-U.S. holder’s holding period for the Warrant Share received on the exercise of a Series A Warrant should begin on the date that such Series A Warrant is exercised by such non-U.S. holder or the day following the date of exercise of the Series A Warrant.

In certain limited
circumstances, a non-U.S. holder may be required or permitted to undertake a cashless exercise of Series A Warrants into Warrant Shares. The United States federal income tax treatment of a cashless exercise of
Series A Warrants into Warrant Shares is unclear for the reasons described above under “Consequences to U.S. Holders – Consequences to U.S. Holders of the Exercise, Expiration and Disposition of Series A Warrants – Exercise of Series A Warrants,” and the tax consequences of a cashless exercise could differ from the consequences upon the exercise of a Series A Warrant described in the preceding paragraph. However, if, as described above under “Consequences to U.S. Holders – Consequences to U.S. Holders of the Exercise, Expiration and Disposition of Series A Warrants – Exercise of Series A Warrants,” the cashless exercise of the Series A Warrants were recharacterized in part as a
taxable exchange, the consequences to a non-U.S. holder would generally be the same as those described below under “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.” Non-U.S. holders
are