secwatch.observer — SEC 8-K summary
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Issuer:     D-Wave Quantum Inc. (QBTS)
CIK:        0001907982
Form:       8-K
Filed at:   2023-03-21T23:59:59+00:00
Accession:  0001140361-23-012814
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

D-Wave Quantum receives NYSE non-compliance notice for share price below $1.00
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- NYSE notified D-Wave on March 16, 2023 that average closing price was below $1.00 for 30 consecutive trading days.
- Company has six months to cure; can regain compliance if closing price ≥$1.00 on last trading day of any month and 30-day average ≥$1.00.
- Intends to consider alternatives including a reverse stock split subject to shareholder approval.
- No immediate delisting; common stock continues trading on NYSE during the cure period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1907982/000114036123012814/0001140361-23-012814-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1907982/000114036123012814/brhc10050045_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-012814

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