D-Wave Quantum Inc. Files 8-K with Financial Updates
Ticker: QBTS · Form: 8-K · Filed: Dec 18, 2024 · CIK: 1907982
| Field | Detail |
|---|---|
| Company | D-Wave Quantum INC. (QBTS) |
| Form Type | 8-K |
| Filed Date | Dec 18, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-statements, exhibits, regulation-fd
Related Tickers: DWAVE
TL;DR
DWAVE filed an 8-K on 12/18/24 covering financial statements and exhibits, including common stock and warrant info.
AI Summary
D-Wave Quantum Inc. filed an 8-K on December 18, 2024, to report a Regulation FD Disclosure and Financial Statements and Exhibits. The filing details information related to common stock and warrants as of December 18, 2024. The company's principal executive offices are located in Palo Alto, California.
Why It Matters
This 8-K filing provides crucial updates on D-Wave Quantum Inc.'s financial status and corporate actions, which are important for investors to assess the company's current standing and future prospects.
Risk Assessment
Risk Level: low — This filing is a routine 8-K reporting 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
- 2024-12-18 (date) — Date of Report
- Palo Alto, California (location) — Principal executive offices
- 001-41468 (company_id) — Commission File Number
FAQ
What specific financial statements or exhibits are being filed with this 8-K?
The filing indicates 'Financial Statements and Exhibits' are included, but the specific details of these documents are not provided in the provided text.
What is the significance of the 'Regulation FD Disclosure' mentioned in the filing?
A Regulation FD Disclosure ensures that material information is broadly disseminated to the public, preventing selective disclosure to certain investors.
What is the company's fiscal year end?
The company's fiscal year ends on December 31st.
What is the business phone number listed for D-Wave Quantum Inc.?
The business phone number listed is (604) 630-1428.
What is the Standard Industrial Classification (SIC) code for D-Wave Quantum Inc.?
The SIC code is 7374, which falls under SERVICES-COMPUTER PROCESSING & DATA PREPARATION.
Filing Stats: 619 words · 2 min read · ~2 pages · Grade level 10.7 · Accepted 2024-12-18 08:18:56
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-20241218.htm (8-K) — 31KB
- exhibit991d-wavemaintainss.htm (EX-99.1) — 12KB
- 0001907982-24-000201.txt ( ) — 210KB
- qbts-20241218.xsd (EX-101.SCH) — 2KB
- qbts-20241218_def.xml (EX-101.DEF) — 15KB
- qbts-20241218_lab.xml (EX-101.LAB) — 27KB
- qbts-20241218_pre.xml (EX-101.PRE) — 16KB
- qbts-20241218_htm.xml (XML) — 4KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On December 18, 2024, D-Wave Quantum Inc. ("D-Wave") announced the successful completion of its second SOC 2 Type 2 audit as of November 25, 2024, maintaining this rigorous compliance and marking its ongoing commitment to customer data security and protection. This milestone follows D-Wave's previous successful SOC 2 Type 2 audit completed in December 2023. The renewed compliance comes as D-Wave is implementing a number of measures to support customers' production deployments of quantum applications, including the introduction of service-level agreements (SLAs) specifically tailored for the Leap quantum cloud service customers who are transitioning applications into production. 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 18, 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 18, 2024 D-Wave Quantum Inc. By: /s/ Alan Baratz Name: Alan Baratz Title: President & Chief Executive Officer