D-Wave Quantum Inc. Files 8-K Report

TL;DR

DWAV filed an 8-K, mostly standard financial disclosures.

AI Summary

On June 17, 2024, D-Wave Quantum Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, along with a Regulation FD Disclosure. No specific financial figures or material events were detailed in the provided excerpt.

Why It Matters

This filing indicates D-Wave Quantum Inc. is providing updated financial information and disclosures to the SEC, which is standard practice for public companies.

Risk Assessment

Risk Level: low — The filing is a routine 8-K for financial statements and exhibits, with no immediate indication of significant new risks or material adverse events.

Key Players & Entities

• D-Wave Quantum Inc. (company) — Registrant
• June 17, 2024 (date) — Date of earliest event reported
• 2650 East Bayshore Road (location) — Principal executive offices address
• Palo Alto, California (location) — Principal executive offices city and state
• 001-41468 (other) — SEC File Number

FAQ

Key Financial Figures

• $0.0001 — ich registered Common stock, par value $0.0001 per share QBTS New York Stock Exchange
• $11.50 — of common stock at an exercise price of $11.50 QBTS.WT New York Stock Exchange Indic

Filing Documents

• qbts-20240617.htm (8-K) — 33KB
• exh_991.htm (EX-99.1) — 12KB
• exh_992.htm (EX-99.2) — 9KB
• 0001907982-24-000079.txt ( ) — 226KB
• qbts-20240617.xsd (EX-101.SCH) — 2KB
• qbts-20240617_def.xml (EX-101.DEF) — 15KB
• qbts-20240617_lab.xml (EX-101.LAB) — 27KB
• qbts-20240617_pre.xml (EX-101.PRE) — 16KB
• qbts-20240617_htm.xml (XML) — 4KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On June 17, 2024, D-Wave Quantum Inc. ("D-Wave") issued a press release announcing the launch of a new hybrid quantum solver for nonlinear programs, enabling customers to confront real-world problems of growing complexity. The solver supports up to two million variables and constraints and is expected to help D-Wave's customers tackle their previously intractable workforce, manufacturing, and logistics optimization problems. D-Wave unveiled the solver today at its global Qubits 2024 user conference. A copy of the press release is attached as Exhibit 99.1. Also on June 17, 2024, D-Wave and Davidson Technologies, Inc. ("Davidson Technologies"), a technology services company that provides innovative engineering, technical and management solutions for the U.S. Department of Defense, aerospace and commercial customers, issued a press release announcing the forthcoming placement of the second U.S.-based D-Wave Advantage TM quantum computer. Located at Davidson Technologies' new global headquarters in Huntsville, AL, the system will eventually be housed in a secure facility developed to run sensitive applications using quantum computing technology. A copy of the press release is attached as Exhibit 99.2. The information in this Item 7.01 to this Current Report on Form 8-K, including Exhibits 99.1 and 99.2, 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 June 17, 2024. 99.2 Press release, dated June 17, 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: June 17, 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