STOCKWATCH
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EDP Services
RegulatoryApr 24, 2026, 05:26 PM

IonQ & SkyWater Merger Faces FTC Second Request

AI Summary

IonQ, Inc. and SkyWater Technology, Inc. announced that they each received a request for additional information, known as a "Second Request," from the U.S. Federal Trade Commission (FTC). This request is in connection with the FTC's review of their proposed merger agreement, which was initially disclosed on January 25, 2026. The issuance of a Second Request extends the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) until 30 days after both companies have substantially complied with the request, potentially delaying the merger's completion.

Key Highlights

  • IonQ and SkyWater received a Second Request from the U.S. Federal Trade Commission (FTC).
  • The request pertains to their previously announced merger agreement.
  • The Second Request extends the waiting period under the HSR Act.
  • The waiting period will now last until 30 days after both companies substantially comply.
IONQ
EDP Services
IonQ, Inc.

Price Impact