Exhibit 99.1
dMY Technology Group, Inc. III and IonQ, Inc. Announce Closing of Business Combination
First Day of Trading on the NYSE Under Ticker “IONQ” Tomorrow, October 1, 2021
September 30, 2021 – COLLEGE PARK, MD – IonQ, Inc. (“IonQ”), a leader in quantum computing, today announced the closing of its previously announced business combination with dMY Technology Group, Inc. III (“dMY III”) (NYSE: DMYI), a publicly traded special acquisition company. As a result of the business combination, IonQ will receive gross proceeds of $636 million, which may be used to fund future growth and accelerate the commercialization of its industry-leading quantum computers.
dMY III shareholders approved the transaction at dMY III’s stockholders meeting held on September 28, 2021. The combined company will begin trading on the New York Stock Exchange at market open tomorrow, October 1, 2021, under the ticker symbol “IONQ” for IonQ common stock and “IONQ.WS” for IonQ publicly traded warrants.
About dMY Technology Group, Inc. III.
dMY III is a special purpose acquisition company founded by Niccolo de Masi and Harry You for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
About IonQ
IonQ, Inc. is a leader in quantum computing, with a proven track record of innovation and deployment. IonQ’s next-generation quantum computer is the world’s most powerful trapped-ion quantum computer, and IonQ has defined what it believes is the best path forward to scale. IonQ is the only company with its quantum systems available through the cloud on Amazon Braket, Microsoft Azure, and Google Cloud, as well as through direct API access. IonQ was founded in 2015 by Christopher Monroe and Jungsang Kim based on 25 years of pioneering research. To learn more, visit www.ionq.com.