D-Wave Quantum Inc.
D-Wave Quantum Inc. Announces New Share Sales Agreement
Summary
On January 10, 2025, D-Wave Quantum Inc. entered into a sales agreement with several agents to potentially sell up to $150 million of its common stock through at-the-market equity offerings, as detailed in a prospectus supplement filed with the SEC. The agreement allows for sales to be made through various methods permitted under Rule 415(a)(4) of the Securities Act of 1933, with agents receiving compensation and the company agreeing to indemnify and contribute to the agents against certain liabilities.
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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.
Official SEC Documents
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