Company: IONQ
Filing Date: 2025-02-27
Form Type: 424B5
Source: 0001193125-25-037295
Chunk: 14

Company: IonQ, Inc.
Filing Date: 2025-02-27
Form: 424B5
Chunk 14
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 the issuance of these securities could result in further dilution to investors in this offering. S-10

PLAN OF DISTRIBUTION

We have entered into an equity distribution agreement, or the equity distribution agreement, with Morgan Stanley and Needham, under which each may act as our
sales agent in connection with the offer and sale of shares of our common stock having an aggregate gross sales price of up to $500.0 million from time to time pursuant to this prospectus supplement and the accompanying prospectus. A copy of the
equity distribution agreement will be filed as an exhibit to a Current Report on Form 8-K filed under the Exchange Act and incorporated by reference in this prospectus supplement.

Upon written instructions from us, and subject to the terms and conditions of the equity distribution agreement, the sales agents may sell shares of our
common stock in negotiated transactions, including block trades, or transactions that are deemed to be an “at the market offering” as defined in Rule 415(a)(4) promulgated under the Securities Act, including sales made by means of
ordinary brokers’ transactions, including directly on the NYSE or sales made to or through a market maker other than on an exchange at prevailing market prices, at prices related to prevailing market prices or at negotiated prices or by any
other methods permitted by law. We may instruct the sales agents not to sell common stock if the sales cannot be effected at or above the price designated by us from time to time. We or the sales agents may suspend the offering of common stock upon
notice and subject to other conditions.

We will pay the sales agents a commission rate of up to 3.25% of the gross sales price per share sold under the
equity distribution agreement. Because there is no minimum offering amount required or a fixed rate of commission payable to the sales agents, the actual total public offering amount, commissions and proceeds to us, if any, are not determinable at
this time. We estimate that the total expenses for the offering, excluding compensation and reimbursements payable to the sales agents under the terms of the equity distribution agreement, will be approximately $1,500,000.

Settlement for sales of shares of our common stock will occur on the first business day following the date on which any sales are made, or on some other date
that is agreed upon by us and the sales agents in connection with a particular transaction, in return for payment of the net proceeds to us. Sales of our common stock as contemplated in this prospectus supplement will be settled