IONQ.W

These are publicly traded warrants issued by IonQ, Inc., entitling holders to purchase common shares of the company at a specified exercise price before a predetermined expiration date. The warrants were typically issued as part of IonQ's business combination transaction when the company went public via SPAC merger. These derivative securities allow investors to gain leveraged exposure to IonQ's quantum computing business with defined risk limited to the warrant purchase price. Warrant holders can exercise their right to buy shares or trade the warrants themselves on the open market.