Quantum Computing Company IonQ Is Now Ready To Go Public by Merging With the SPAC dMY Technology Group (DMYI) in a First-of-Its-Kind Deal

Quantum Computing Company IonQ Is Now Ready To Go Public by Merging With the SPAC dMY Technology Group (DMYI) in a First-of-Its-Kind Deal

3 years ago
Anonymous $hYN7Hy7o7J

https://wccftech.com/quantum-computing-company-ionq-is-now-ready-to-go-public-by-merging-with-the-spac-dmy-technology-group-dmyi-in-a-first-of-its-kind-deal/

IonQ, the company at the forefront of the quantum computing challenge, is now on the verge of going public by merging with the SPAC dMY Technology Group (NYSE:DMYI).

As per the press statement released jointly by IonQ and dMY Technology, the transaction will result in a Pro forma implied market capitalization of around $2 billion for the combined company and will yield $650 million in gross proceeds, including a PIPE investment of $350 million from the likes of Fidelity, Hyundai, Kia, etc.