D-Wave Quantum Appoints New Directors, Announces Officer Compensation
Ticker: QBTS · Form: 8-K · Filed: Dec 9, 2024 · CIK: 1907982
Sentiment: neutral
Topics: board-changes, officer-compensation, governance
Related Tickers: DWAVE
TL;DR
DWAVE board shakeup: new directors in, one out. Officer pay details also filed.
AI Summary
D-Wave Quantum Inc. announced on December 6, 2024, the departure of board member Alan Barbell and the appointment of new directors, including Dr. Christian Seberino and Mr. Andrew Glatt. The company also disclosed compensatory arrangements for certain officers, though specific details and dollar amounts are not provided in this filing excerpt. The filing also includes financial statements and exhibits.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future financial performance.
Risk Assessment
Risk Level: medium — Changes in board and officer compensation can indicate internal shifts that may impact future performance or strategy.
Key Players & Entities
- D-Wave Quantum Inc. (company) — Registrant
- Alan Barbell (person) — Departing Board Member
- Dr. Christian Seberino (person) — Appointed Director
- Andrew Glatt (person) — Appointed Director
- December 6, 2024 (date) — Date of earliest event reported
FAQ
Who has departed from D-Wave Quantum's board of directors?
Alan Barbell has departed from D-Wave Quantum's board of directors as of December 6, 2024.
Who are the newly appointed directors at D-Wave Quantum?
Dr. Christian Seberino and Mr. Andrew Glatt have been appointed as directors.
What is the exact date of the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on December 6, 2024.
What other items are included in this 8-K filing besides director changes?
This filing also includes information on compensatory arrangements of certain officers and financial statements and exhibits.
In which state was D-Wave Quantum Inc. incorporated?
D-Wave Quantum Inc. was incorporated in Delaware.
Filing Stats: 503 words · 2 min read · ~2 pages · Grade level 10.7 · Accepted 2024-12-09 06:03:26
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) — 29KB
- 0001907982-24-000179.txt ( ) — 191KB
- 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. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits . (d) Exhibits Exhibit No. Description 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 9, 2024 D-Wave Quantum Inc. By: /s/ Alan Baratz Name: Alan Baratz Title: President & Chief Executive Officer