Company: IONQ
Filing Date: 2025-07-07
Form Type: 424B5
Source: 0001193125-25-155901
Chunk: 8

Company: IonQ, Inc.
Filing Date: 2025-07-07
Form: 424B5
Chunk 8
---
 established public trading market for the Warrants being sold in this offering, and we do not expect such a market to develop. This may negatively
affect the market value of the Warrants and your ability to transfer or sell your shares. In addition, we do not intend to apply to list the Warrants on any securities exchange or other nationally recognized trading system. Without an active market,
the liquidity of the Warrants will be limited.

The market price of our common stock, which has been volatile and may continue to be volatile, may adversely affect the value of the Warrants sold in this offering, and you may not be able to recover the value of your investment.

The market price of our common stock, which has been volatile and may continue to be volatile, will affect the value of the Warrants sold in this offering.
The market price of our common stock will likely fluctuate in response to a number of factors, including our financial condition and operating results, as well as economic, financial and other factors, many of which are beyond our control. In order
for you to recover the value of your investment in the Warrants, the market price of our common stock must increase from the price in effect on the date of this prospectus supplement. However, there can be no assurance that the price of our common
stock will exceed the price required for you to achieve a positive return on your investment upon a warrant exercise date.

The holders of the Warrants will have no rights as shareholders until they acquire shares of our common stock.

Until you become a holder of record of
shares of our common stock issued upon settlement of your Warrants, you will have no rights with respect to such shares, including rights to vote or rights to respond to tender offers. Upon exercise of your Warrants, you will be entitled to exercise
the rights of a shareholder only as to matters for which the record date occurs on or after the date you become the holder of record of such shares.

The Series A Warrants included in this offering may not have any value.

The Series A Warrants have an exercise price of $99.88 per share. In the event the price of our common stock does not exceed the exercise price of the
Series A Warrants on their exercise date (if any), the Series A Warrants may not have any value. If the Series A Warrants are not exercised on or before the expiration date, they will expire unexercised, and you will not receive any shares of our
common stock.

S-6