D-Wave Quantum (QBTS) Completes $150M ATM

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Go back to D-Wave Quantum (QBTS) Completes $150M ATM

D-Wave Announces Successful Completion of $150 Million At-the-Market Equity Offering

January 23, 2025 7:00 AM EST

Company now has the capital necessary to fully execute its plan to sustained profitability and positive cash flow

PALO ALTO, Calif.--(BUSINESS WIRE)-- D-Wave Quantum Inc. (NYSE: QBTS) (D-Wave or the Company), a leader in quantum computing systems, software, and services, and the worlds first commercial supplier of quantum computers, today announced that it has successfully completed sales of $150 million in gross proceeds of its common stock pursuant to its previously disclosed $150 million "at-the-market" equity offering program (the ATM Program). The $150 million ATM Program, which was filed on January... More