M&A - D-Wave Quantum Inc.

Form Type: 8-K

Filing Date: 2025-05-30

Corporate Action: Acquisition

Type: Update

Accession Number: 000190798225000119

Filing Summary: On May 29, 2025, D-Wave Quantum Inc. received approximately $80.5 million from the exercise of around 7.0 million warrants to purchase common stock at an exercise price of $11.50 per warrant. These warrants were originally part of the merger agreement with DPCM Capital, Inc. completed on August 5, 2022. This significant financial event indicates the continued integration and value realization from the aforementioned merger.