$QBTS·8-K

D-Wave Quantum Inc. · Jan 20, 4:39 PM ET

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D-Wave Quantum Inc. 8-K

Research Summary

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Updated

D-Wave Quantum Files Prospectus Supplement for Resale of 10.43M Shares

What Happened

  • On January 20, 2026, D-Wave Quantum Inc. announced it filed a prospectus supplement to its Form S-3ASR registration statement (File No. 333-292825) to cover the resale by certain selling stockholders of an aggregate 10,430,444 shares of common stock.
  • The company filed a legal opinion from Paul, Weiss, Rifkind, Wharton & Garrison LLP relating to the shares; that opinion is included as Exhibit 5.1 and is incorporated by reference into the registration statement. The 8-K was signed by Alan Baratz, President & Chief Executive Officer.

Key Details

  • Number of shares registered for resale: 10,430,444 common shares (par value $0.0001).
  • Filing date: January 20, 2026.
  • Registration statement referenced: Form S-3ASR (File No. 333-292825).
  • Legal opinion provided by: Paul, Weiss, Rifkind, Wharton & Garrison LLP (filed as Exhibit 5.1).

Why It Matters

  • The prospectus supplement formally registers the resale of 10,430,444 shares by certain selling stockholders, making those shares available for resale under the company’s registration statement.
  • For investors, this increases the number of shares that can be publicly sold under the registration, which is a material disclosure about potential share supply; the filing itself does not state that the shares will be sold immediately.
  • No earnings, management changes, mergers, or other financial results were reported in this 8-K.

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