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Today's Brief

SkyWater Technology, Inc.

SKYT/IonQ, Inc.IONQ

IonQ to acquire SkyWater Technology for $15 cash plus stock

MixedVote Scheduledhigh 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

    May 8, 2026

  6. Expected close


Vote Mechanicsrecord / mailing / vote
Vote required70d post-vote
Vote dateMay 8, 2026
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
Copies of all communications, including communications sent to agent for service, should be sent to: Robert Kindler Chelsea Darnell 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
Copies of all communications, including communications sent to agent for service, should be sent to: 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, 2026

    IonQ to acquire SkyWater Technology for $15 cash + stock

  2. Apr 24, 2026this filing

    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 + stockproxy_filed
Apr 24, 2026definitiveIonQ to acquire SkyWater Technology for $15 cash plus stockvote_scheduled

Sources

On January 25, 2026, IonQ, Inc. agreed to acquire SkyWater Technology, Inc. in an all-cash-and-stock transaction where SkyWater stockholders will receive $15.00 per share in cash plus IonQ shares with an exchange ratio tied to IonQ's trading price. SkyWater stockholders will vote on the merger at a special meeting scheduled for May 8, 2026, with the SkyWater Board unanimously recommending approval.

Item id: 75273838-1888-4e7b-8abf-350985bdab68 · ingested Apr 24, 2026