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Form 8-K · Current Report · Filed 2024-11-04

D-Wave Regains NYSE Compliance

On November 4, 2024, D-Wave Quantum Inc. announced that it has regained compliance with the New York Stock Exchange (NYSE) continued listing standard for minimum share price under Section 802.01C of the NYSE Listed Company Manual. This was based on the Company's average closing share price for the 30 trading days ended October 31, 2024, which reflected an average closing share price above the NYSE's $1.00 minimum requirement.

Filer
D-Wave Quantum Inc. QBTS · NYSE
Filed
Accession
0001907982-24-000137
CIK
0001907982
Signal
High impactTechnology

Items reported

Item 8.01

Other Events

Regulatory Approval
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$1.04

Next session

+4.8%

Since filing

+1638.5%

Latest close

$18.08

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from QBTS reporting the same item, with the next session's move:

Exhibits (1)

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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