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    D-Wave Quantum Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    6/4/25 5:10:49 PM ET
    $QBTS
    EDP Services
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    Get the next $QBTS alert in real time by email
    qbts-20250530
    0001907982FALSE00019079822025-05-302025-05-300001907982us-gaap:CommonStockMember2025-05-302025-05-300001907982us-gaap:WarrantMember2025-05-302025-05-30

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    _____________________________________________________________
    FORM 8-K
    _____________________________________________________________
    CURRENT REPORT
    PURSUANT TO SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934
    Date of Report (Date of earliest event reported): May 30, 2025
    _____________________________________________________________
    D-Wave Quantum Inc.
    (Exact Name of Registrant as Specified in Its Charter)
    _____________________________________________________________
    Delaware001-4146888-1068854
    (State or other jurisdiction of incorporation or organization)(Commission File Number)(I.R.S. Employer Identification No.)
    2650 East Bayshore Road
    Palo Alto, California
    94303
    (Address of principal executive offices)
    (604) 630-1428
    (Registrant’s telephone number, including area code)
    N/A
    (Former name or former address, if changed since last report)
    _____________________________________________________________
    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
    oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
    Securities registered pursuant to Section 12(b) of the Act:
    Title of each classTrading Symbol(s)Name of each exchange on which registered
    Common stock, par value $0.0001 per shareQBTSNew York Stock Exchange
    Warrants, each whole warrant exercisable for 1.4541326 shares of common stock at an exercise price of $11.50QBTS.WTNew York Stock Exchange
    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
    Emerging growth companyx
    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
    o



    Item 8.01. Other Events.
    From May 30, 2025 through June 3, 2025, D-Wave Quantum Inc. (the “Company”) received proceeds in the aggregate amount of approximately $15.3 million in connection with the exercise of approximately 1.33 million warrants to purchase shares of the Company’s common stock with an exercise price of $11.50 per warrant. As previously disclosed, on May 29, 2025, the Company also received proceeds in the aggregate amount of approximately $80.5 million in connection with the exercise of approximately 7.0 million warrants to purchase shares of the Company’s common stock with an exercise price of $11.50 per warrant. These warrants were assumed by the Company in conjunction with the August 5, 2022 merger with DPCM Capital, Inc.

    Item 9.01. Financial Statements and Exhibits.
     
    (d) Exhibits
     
    Exhibit No. Description
    104Cover Page Interactive Data File (embedded within the Inline XBRL document).







    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 4, 2025
    D-Wave Quantum Inc.
    By:
    /s/ Alan Baratz
    Name:
    Alan Baratz
    Title:
    President & Chief Executive Officer

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