D-Wave Quantum Receives ~$80.5M from Exercise Of 7M Warrants At $11.50 Each, Originating From 2022 Merger With DPCM Capital

-6.72%

D-Wave Quantum

QBTS

26.10

-6.72%

On May 29, 2025, D-Wave Quantum Inc. (the "Company") received proceeds in the aggregate amount of approximately $80.5 million in connection with the exercise of approximately 7.0 million warrants to purchase shares of the Company's common stock with an exercise price of $11.50 per warrant. These warrants were assumed by the Company in conjunction with the August 5, 2022 merger with DPCM Capital, Inc.

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