D-Wave Quantum Inc. Files 8-K for Stock and Warrant Issuance
Ticker: QBTS · Form: 8-K · Filed: Dec 6, 2024 · CIK: 1907982
Sentiment: neutral
Topics: stock-issuance, warrants, 8-k
Related Tickers: DWAVE
TL;DR
DWAVE filed an 8-K on Dec 6 detailing stock/warrant issuance. Watch for dilution.
AI Summary
D-Wave Quantum Inc. filed an 8-K on December 6, 2024, to report on the issuance of common stock and warrants. The filing details the company's financial activities and corporate structure, as is standard for a current report.
Why It Matters
This filing provides transparency into D-Wave Quantum's capital structure and potential dilution from stock and warrant issuances, which is important for investors to monitor.
Risk Assessment
Risk Level: medium — Filings related to stock and warrant issuances can indicate potential dilution, which may impact existing shareholders.
Key Numbers
- 001-41468 — SEC File Number (Identifies the company's filing with the SEC.)
Key Players & Entities
- D-Wave Quantum Inc. (company) — Registrant
- December 6, 2024 (date) — Filing Date
- Delaware (jurisdiction) — State of Incorporation
- Palo Alto, California (location) — Principal Executive Offices
FAQ
What specific type of stock and warrants were issued by D-Wave Quantum Inc.?
The filing indicates the issuance of common stock and warrants, as noted by the presence of 'us-gaap:CommonStockMember' and 'us-gaap:WarrantMember' tags.
What is the primary purpose of this 8-K filing for D-Wave Quantum Inc.?
The filing is a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, reporting on events such as the issuance of common stock and warrants.
When was this 8-K filing submitted to the SEC?
The filing was submitted on December 6, 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 D-Wave Quantum Inc.'s IRS Employer Identification Number?
D-Wave Quantum Inc.'s IRS Employer Identification Number is 88-1068854.
Filing Stats: 602 words · 2 min read · ~2 pages · Grade level 10.3 · Accepted 2024-12-06 09:30:15
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-20241206.htm (8-K) — 31KB
- pr_126.htm (EX-99.1) — 8KB
- 0001907982-24-000170.txt ( ) — 204KB
- qbts-20241206.xsd (EX-101.SCH) — 2KB
- qbts-20241206_def.xml (EX-101.DEF) — 15KB
- qbts-20241206_lab.xml (EX-101.LAB) — 27KB
- qbts-20241206_pre.xml (EX-101.PRE) — 16KB
- qbts-20241206_htm.xml (XML) — 4KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On December 6, 2024, D-Wave Quantum Inc. ("D-Wave") announced that its CEO, Dr. Alan Baratz, was interviewed on Fox Business' Making Money with Charles Payne yesterday, where he discussed the state of the quantum industry and the real-world impact D-Wave's annealing quantum computing is delivering for businesses. D-Wave believes that annealing quantum computing is emerging as the critical accelerant to commercial adoption of quantum computing. The technology is uniquely suited for optimization problems, which are widespread throughout the modern enterprise. 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 December 6, 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: December 6, 2024 D-Wave Quantum Inc. By: /s/ Alan Baratz Name: Alan Baratz Title: President & Chief Executive Officer