---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-028032"
form_type: "8-K"
ticker: "QBTS"
cik: "0001907982"
company_name: "D-Wave Quantum Inc."
filed_at: "2023-06-02T23:59:59+00:00"
generated_at: "2026-06-14T08:35:16.198994+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# D-Wave Quantum extends delivery deadlines for PSPIB Term Loan post-closing deliverables

## Summary
- Extended Account Control Agreements delivery date to June 9, 2023 from 30 days after Loan A advance.
- Extended IP Valuation Report delivery date to June 16, 2023; summary report sufficient on that date, final detailed report within the following week.
- Extended Advisor's Recommendation delivery date to June 9, 2023 from 45 days after April 13, 2023 closing.
- No other obligations or rights of lender waived; Loan Agreement remains in full force and effect.

## SEC filing metadata
- accession: 0001140361-23-028032
- form_type: 8-K
- ticker: QBTS
- cik: 0001907982
- company_name: D-Wave Quantum Inc.
- filed_at: 2023-06-02T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1907982/000114036123028032/0001140361-23-028032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1907982/000114036123028032/brhc20053935_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-028032
- JSON: https://secwatch.observer/filing/0001140361-23-028032.json
- Plain text: https://secwatch.observer/filing/0001140361-23-028032.txt

## Key facts
- Material Agreements
  D-Wave Quantum Inc. amended Consent and Waiver Agreement with PSPIB Unitas Investments II Inc. (effective 2023-05-26).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: PSPIB Unitas Investments II Inc.
  - Effective: 2023-05-26
  source text: On May 26, 2023, D-Wave Quantum Inc. (the "Company") and its subsidiaries (collectively, the "Loan Parties"), entered into a Consent and Waiver Agreement (the “Consent and Waiver Agreement”) with PSPIB Unitas Investments II Inc. (“PSPIB”) relating to the Loan and Security Agreement dated as of April 13, 2023, by and among the Loan Parties and PSPIB (the “Term Loan”), extending the delivery date for some post-closing deliverables under the Term Loan.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1907982/000114036123028032/0001140361-23-028032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.