D-Wave Quantum Inc.
D-Wave Regains NYSE Compliance
Summary
D-Wave Quantum Inc. announced on March 4, 2024, that it has regained compliance with the New York Stock Exchange's continued listing standard for minimum share price under Section 802.01C, following a notification from the NYSE on March 1, 2024. The Company's average closing share price for the 30 trading days ended February 29, 2024, met the NYSE's $1.00 minimum requirement, allowing D-Wave to continue trading on the NYSE subject to ongoing compliance with all listing standards. For more details, refer to the attached press release.
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About D-Wave Quantum Inc.
D-Wave Quantum Inc. is a leading developer and provider of quantum computing systems, software, and services with a unique focus on addressing real-world complex computational challenges. As a pioneer in the commercial quantum computing space, the company is dedicated to advancing both hardware and software solutions to fuel new possibilities in data processing and optimization. D-Wave’s quantum systems are utilized across various industries, including manufacturing, logistics, pharmaceuticals, and financial services, fostering advancements in machine learning, modeling, and optimization problems. Notably, the company’s platform integrates with conventional computing systems, providing hybrid quantum solutions that enhance processing efficiency. D-Wave Quantum Inc.’s contributions are pivotal in steering the technological curve towards quantum advantage, allowing businesses and researchers to explore new horizons in computational capabilities. By offering quantum cloud services, the company lowers the barrier for organizations to access and benefit from cutting-edge quantum technology. Headquartered in Burnaby, Canada, D-Wave continues to be a significant player in the tech industry, aggressively pushing the boundaries of quantum computing and establishing itself as a key influencer in the evolution of computing paradigms.
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