IonQ, Inc. has announced the termination of its Equity Distribution Agreement with Morgan Stanley & Co. LLC and Needham & Company, LLC, effective immediately as of March 10, 2025. This agreement, signed on February 26, 2025, allowed IonQ to sell up to $500 million in common stock through the sales agents as part of its 2025 At-The-Market (ATM) Offering Program. The company has already sold 16,038,460 shares under this program and is not subject to any termination penalties.

IonQ issued a press release on March 10, 2025, to formally announce the termination of the ATM Offering Program. The press release has been filed as an exhibit with the SEC.