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Today's Brief

SkyWater Technology, Inc.

SKYT/IonQ, Inc.IONQ

IonQ to acquire SkyWater Technology for $15 cash + stock

MixedDefinitive Proxyhigh confidence

Merger Arbeconomics, downside, days

Deal value

mixed

Per-share offer

Premium

Days to close

Term fee

ConsiderationMixed
AnnouncedApr 24, 2026
Days outstanding84d
Expected close
Termination fee
Reverse term fee
Go-shop period
Fiduciary out
Financing condition
Debt commitment
Insider lock-up

No structured deal economics extracted yet. Re-run the scanner or fall back to the source filing below.


Timelineannounced → close
  1. Announced

    Apr 24, 2026

  2. Preliminary Proxy

  3. Definitive Proxy

  4. Record date

  5. Shareholder vote

  6. Expected close


Vote Mechanicsrecord / mailing / vote
Vote required
Vote date
Record date
Mailing date
Record → vote
Thresholda majority of the outstanding shares of SkyWater common stock entitled to vote thereon
Min approvalparsed50.01% of outstanding
Shares outstanding
Insider lock-up

Regulatory & ConditionsHSR / EU / CFIUS / MAC

No regulatory or closing-conditions data extracted yet. The merger agreement Exhibit 10.1 contains this in the “Conditions to Closing” and “Regulatory Approvals” articles.


Closing Conditionsapprovals · vote · financing · lockups
0 done · 1 pending · 1 total
  • Shareholder approval· a majority of the outstanding shares of SkyWater common stock entitled to vote thereon

Interloper Riskcompeting bids, activist filers

No competing-bidder, activist, or dissident-proxy signals in the database for this target.


Advisors

Acquirer side· IonQ, Inc.

Legal

Paul, Weiss, Rifkind, Wharton & Garrison LLP

  • · Robert Kindler
Robert Kindler, Paul, Weiss, Rifkind, Wharton & Garrison LLP, 1285 Avenue of the Americas, New York, NY 10019-6064, (212) 373-3000

Target side· SkyWater Technology, Inc.

Legal

Foley & Lardner LLP

  • · John K. Wilson
  • · Mark T. Plichta
John K. Wilson, Mark T. Plichta, Foley & Lardner LLP, 777 East Wisconsin Avenue, Milwaukee, WI 53202, (414) 271-2400

Counterparty Historyprior deals in DB
FirmRoleSideDeals in DB
Paul, Weiss, Rifkind, Wharton & Garrison LLPLegalAcquirer2View deals →
Foley & Lardner LLPLegalTarget2View deals →

Filing Timelineevery filing on this issuer
  1. Apr 24, 2026this filing

    IonQ to acquire SkyWater Technology for $15 cash + stock

  2. Apr 24, 2026

    IonQ to acquire SkyWater Technology for $15 cash plus stock

  3. Apr 24, 2026

    IonQ to acquire SkyWater Technology for $15 cash plus stock


Filing Trailcross-reference table
DateFormSectionHeadlineStatus
Apr 24, 2026definitiveIonQ to acquire SkyWater Technology for $15 cash plus stockvote_scheduled
Apr 24, 2026definitiveIonQ to acquire SkyWater Technology for $15 cash plus stockvote_scheduled

Sources

IonQ, Inc. agreed to acquire SkyWater Technology, Inc. in an all-cash-and-stock transaction where SkyWater shareholders will receive $15.00 in cash plus IonQ common stock with an exchange ratio tied to IonQ's trading price. The SkyWater Board has unanimously approved the Merger Agreement and recommends stockholder approval, with the special meeting to be held virtually.

Item id: 104ac0b9-79f9-40c6-8d2b-d785b19a7636 · ingested Apr 24, 2026