Form 8-K · Current Report · Filed 2024-11-25
D-Wave Quantum Appoints Sharon Holt to Board of Directors
On November 22, 2024, D-Wave Quantum Inc. appointed Sharon Holt as a Class I director to the Board, effective immediately until the 2026 annual meeting of stockholders. Ms. Holt, an experienced executive in the technology sector, will serve on the Audit Committee. She has served as a director and committee chair for several technology companies, including Infinera Corporation. Ms. Holt's compensation will be on the same basis as other non-employee directors. There are no reportable transactions between Ms. Holt and the Company.
- Filer
- D-Wave Quantum Inc. QBTS · NYSE
- Filed
- Accession
- 0001907982-24-000163
- CIK
- 0001907982
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Financial Statements and Exhibits
Market reaction
Close before filing
$2.93
Next session
-7.8%
Since filing
+517.1%
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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