dMY Technology Group III Stockholders Approve IonQ Deal

DMY Technology Group III

Shareholders of dMY Technology Group III voted in favor of the merger with quantum computing company IonQ. Approximately 97% of the votes cast at the meeting on the Business Combination proposal, representing approximately 62% of outstanding shares, were cast in support of the deal, the SPAC said.

The deal calls for $650 million in gross proceeds to IonQ.

About 2.5% of total shares outstanding were redeemed.

The deal is expected to close tomorrow. IonQ stock and warrants are expected to trade on the NYSE beginning Oct. 1 under IONQ and IONQ.WS.

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