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    D-Wave Quantum Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    5/8/25 7:02:25 AM ET
    $QBTS
    EDP Services
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    Get the next $QBTS alert in real time by email
    qbts-20250508
    0001907982FALSE00019079822025-05-082025-05-080001907982us-gaap:CommonStockMember2025-05-082025-05-080001907982us-gaap:WarrantMember2025-05-082025-05-08

    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 8, 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 2.02.    Results of Operations and Financial Condition.
    On May 8, 2025, D-Wave Quantum Inc. (the “Company”) issued a press release announcing its financial results for the fiscal first quarter ended March 31, 2025. A copy of the press release is furnished herewith as Exhibit 99.1 and incorporated herein by reference.
    In addition, on May 8, 2025, the Company posted on its website an investor presentation, which includes supplemental information relating to the Company’s financial results for the fiscal first quarter ended March 31, 2025, as well as a business, product and technical update. A copy of the presentation is furnished herewith as Exhibit 99.2 and incorporated herein by reference.
    The information contained in this Current Report on Form 8-K and in the accompanying exhibits are “furnished” and shall not be deemed “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, and shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.
    Item 9.01.    Financial Statements and Exhibits.
    (d)Exhibits
    Exhibit Number
    Description
    99.1
    Press Release issued by D-Wave Quantum Inc., dated May 8, 2025.
    99.2
    Presentation, dated May 8, 2025.
    104
    Cover Page Interactive Data File (embedded within the Inline XBRL document).






    SIGNATURE
    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: May 8, 2025
    D-Wave Quantum Inc.
    By:
    /s/ Alan Baratz
    Name:
    Alan Baratz
    Title:
    President & Chief Executive Officer

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