Company: IONQ
Filing Date: 2025-02-27
Form Type: 424B5
Source: 0001193125-25-037295
Chunk: 11

Company: IonQ, Inc.
Filing Date: 2025-02-27
Form: 424B5
Chunk 11
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 agreement with the sales agents as a source of financing.

We currently intend to use the net proceeds from this
offering, together with our existing cash, cash equivalents and marketable securities for working capital and other general corporate purposes. Additionally, we may use a portion of the net proceeds we receive from this offering to enter into
strategic acquisitions and partnerships. However, other than our pending acquisition of a majority position of ID Quantique, we do not have definitive agreements or commitments for any material acquisitions or partnerships at this time.

Pending the specific use of net proceeds as described in this prospectus supplement, we intend to invest the net proceeds to us from this offering in short-
and intermediate-term, interest-bearing obligations, investment-grade instruments, certificates of deposit or direct or guaranteed obligations of the U.S. government.

Our expected use of proceeds from this offering represents our current intentions based on our present plans and business condition. As of the date of this
prospectus supplement, we cannot predict with certainty all of the particular uses for the proceeds to be received upon the completion of this offering or the actual amounts that we will spend on the uses set forth above.

S-8

DILUTION Our net tangible book value as of December 31, 2024 was approximately $344,489,000, or $1.55 per share. Net tangible book value is total assets minus the sum of liabilities and intangible assets. Net tangible book value per share is net tangible book value divided by the total number of shares of our common stock outstanding as of December 31, 2024. After giving effect to the sale of up to $500 million of shares of our common stock in this offering at an assumed public offering price of $29.73 per share, the last reported sale price of our common stock on the New York Stock Exchange on February 25, 2025, and after deducting commissions and estimated offering expenses payable by us, our as adjusted net tangible book value as of December 31, 2024 would have been approximately $827 million, or $3.47 per share. This represents an immediate increase in net tangible book value of $1.92 per share to existing stockholders and immediate dilution of $26.26 per share to investors purchasing our common stock in this offering at the assumed public offering price. The following table illustrates this dilution on a per share basis. The as adjusted information is illustrative only and will change based on the actual price to the public, the actual number of shares sold