Item 5.02 Departure of directors or certain officers; Election of directors;
Appointment of certain officers; Compensatory arrangements of some
There is no arrangement or understanding between
As a non-salaried director of the Company,
In connection with
Article 8.01 Other events.
As previously stated, the
(the “Merger Agreement”), by and between the Company (at this time named dMY
Pursuant to the Merger Agreement, the Merger has been accounted for as a reverse recapitalization (the “Reverse Recapitalization”) in accordance with the
generally accepted accounting principles. Under this accounting policy, dMY was considered the “acquired” company and Legacy IonQ was considered the acquirer for financial reporting purposes. The Reverse Recapitalization was treated as the equivalent of issuing Legacy IonQ shares for the net assets of dMY, accompanied by a recapitalization.
The company files this current report on Form 8-K to recast its consolidated financial statements for the years ended
(the “Super 8-K”) to reflect the effects of the reverse recapitalization.
In the consolidated financial statements, the assets, liabilities and results of operations are those of Legacy IonQ for all periods presented. In addition, the structure of shareholders’ equity has been restated retroactively for all previous periods in order to reflect the exchange ratio used to determine the number of ordinary shares of the Company,
The audited financial statements of the Company as of and for the years then ended are included herein as Exhibit 99.1.
Item 9.01 Financial statements and supporting documents.
Exhibit No. Description 99.1 Audited Financial Statements of
IonQ, Inc.for the Years Ended December 31, 2020and 2019. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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