Ionq, Inc. current report, 29 September 2023

IonQ, Inc. Form 8-K Summary

Business Context and Reporting Period

IonQ, Inc. filed a Form 8-K dated September 29, 2023, reporting a change in board and committee composition. The report was signed on October 5, 2023.

IonQ is incorporated in Delaware and trades on the New York Stock Exchange under the symbols IONQ and IONQ WS.

Financial Metrics

This filing does not provide revenue, profit, cash flow, margin, debt, liquidity, or other financial metrics.

Material Changes

  • Ronald Bernal resigned effective immediately from the Board of Directors.
  • He also resigned from the Compensation Committee and from his position as a member and Chair of the Nominating and Corporate Governance Committee.
  • The filing states that the resignation was not due to any disagreement with IonQ regarding its operations, policies, or practices.
  • Mr. Bernal and NEA, the venture capital firm where he serves as a Venture Partner, no longer beneficially own any IonQ shares.

Guidance, Outlook, Risks, and Unusual Items

The filing contains no financial guidance, operating outlook, new risk disclosures, contingencies, or unusual financial items. The principal reported event is the immediate resignation of a director and committee chair.

Investor Verification Items

  • Verify the effective date and scope of Mr. Bernal’s resignations.
  • Confirm the resulting membership and chairmanship of the affected board committees.
  • Verify the statement that Mr. Bernal and NEA no longer beneficially own IonQ shares.
  • Review subsequent filings for any related board appointments or committee changes.