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

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

Sentiment: neutral

Topics: financial-reporting, exhibits, regulation-fd

Related Tickers: DWAVE

TL;DR

DWAVE filed an 8-K on 7/29 detailing stock and warrant info.

AI Summary

D-Wave Quantum Inc. filed an 8-K on July 29, 2024, to report a Regulation FD Disclosure and Financial Statements and Exhibits. The filing details information related to common stock and warrants, with the company's principal executive offices located in Palo Alto, California.

Why It Matters

This filing provides important updates on D-Wave Quantum's financial status and corporate actions, which could influence investor decisions.

Risk Assessment

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

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to report a Regulation FD Disclosure and to provide Financial Statements and Exhibits.

When was this 8-K filing submitted?

This 8-K filing was submitted on July 29, 2024.

Where are D-Wave Quantum Inc.'s principal executive offices located?

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

What is the SEC File Number for D-Wave Quantum Inc.?

The SEC File Number for D-Wave Quantum Inc. is 001-41468.

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 filing date of July 29, 2024.

Filing Stats: 622 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-07-29 07:10:21

Key Financial Figures

Filing Documents

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On July 29, 2024, D-Wave Quantum Inc. issued a press release announcing it is strengthening the connection between quantum optimization, artificial intelligence (AI), and machine learning (ML), by extending its product development roadmap with enhancements to the Leap quantum cloud service that will bring new Quantum AI solutions to market. The roadmap is intended to help customers address a variety of AI/ML workloads including pre-training optimization, more accurate and efficient model training, and opening new AI business use cases that require the integration of AI and business optimization, such as quantum supply chain optimization to support AI-predicted product demand requirements. 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, including Exhibit 99.1, 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 July 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: July 29, 2024 D-Wave Quantum Inc. By: /s/ Alan Baratz Name: Alan Baratz Title: President & Chief Executive Officer

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