SkyWater Technology’s board unanimously approved a definitive agreement under which IonQ will acquire all outstanding shares for $15.00 in cash plus $20.00 in IonQ common stock per share, representing a total implied value of $35.00 per share. The transaction remains subject to customary regulatory approvals and a shareholder vote.

Halper Sadeh LLC has launched an investor rights investigation into potential breaches of fiduciary duty by SkyWater’s board, alleging insiders may receive financial benefits not available to ordinary shareholders and that deal terms could restrict superior competing offers. The firm is assessing whether the transaction process maximized shareholder value.

On behalf of SkyWater shareholders, Halper Sadeh may seek increased consideration, additional disclosures or other relief via contingent fee litigation. Shareholders are invited to evaluate their rights and options at no cost or obligation.