D-Wave Quantum Inc. Files 8-K with Financial Updates

Ticker: QBTS · Form: 8-K · Filed: May 29, 2024 · CIK: 1907982

Sentiment: neutral

Topics: financial-statements, exhibits, regulation-fd

Related Tickers: DWAC

TL;DR

DWAVE filed an 8-K on 5/29/24 covering financial statements and exhibits, including common stock and warrant info.

AI Summary

D-Wave Quantum Inc. filed an 8-K on May 29, 2024, to report on a Regulation FD Disclosure and Financial Statements and Exhibits. The filing details information related to common stock and warrants as of the reporting date.

Why It Matters

This filing provides crucial updates on D-Wave Quantum's financial status and corporate actions, which can influence investor decisions and market perception.

Risk Assessment

Risk Level: low — This is a routine filing of financial statements and exhibits, not indicating any immediate operational or financial distress.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing by D-Wave Quantum Inc.?

The primary purpose of this 8-K filing is to report on Regulation FD Disclosure and Financial Statements and Exhibits as of May 29, 2024.

What specific financial instruments are mentioned in relation to the filing date?

The filing mentions common stock (us-gaap:CommonStockMember) and warrants (us-gaap:WarrantMember) in relation to the reporting date of May 29, 2024.

In which state was D-Wave Quantum Inc. incorporated?

D-Wave Quantum Inc. was incorporated in Delaware.

What is the address of D-Wave Quantum Inc.'s principal executive offices?

The principal executive offices of D-Wave Quantum Inc. are located at 2650 East Bayshore Road, Palo Alto, California 94303.

What is the filing date for this 8-K report?

The filing date for this 8-K report is May 29, 2024.

Filing Stats: 607 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-05-29 16:15:35

Key Financial Figures

Filing Documents

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On May 29, 2024, D-Wave Quantum Inc. ("D-Wave") issued a press release announcing that it has been featured in a Wall Street Journal article on quantum computing titled "Quantum Computing Gets Real: It Could Even Shorten Your Airport Connection," which highlighted its technology's strengths in tackling real-world optimization problems. The article also highlighted recent research from D-Wave, citing it as an example of a computational supremacy claim that, according to a source interviewed for the article, is "actually the strongest" of all the computational supremacy claims so far. A copy of the press release is attached as Exhibit 99.1. The information in this Item 7.01 to this Current Report on Form 8-K is intended to be furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits . (d) Exhibits Exhibit No. Description 99.1 Press release, dated May 29, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 29, 2024 D-Wave Quantum Inc. By: /s/ Alan Baratz Name: Alan Baratz Title: President & Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR

View on Read The Filing