---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-313758"
form_type: "8-K"
ticker: "QBTS"
cik: "0001907982"
company_name: "D-Wave Quantum Inc."
filed_at: "2022-12-28T23:59:59+00:00"
generated_at: "2026-06-20T22:37:53.033118+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# D-Wave extends Palo Alto office lease through June 2024 at $19,200/month

## Summary
- Second Amendment to Lease extends term of ~6,000 sq ft Palo Alto office from June 2023 to June 2024.
- Base rent for the extended period (July 2023 – June 2024) is $19,200 per month.
- Lessee granted option to extend lease one additional year to June 2025 at $19,776/month.
- No other material changes to Lease; premises accepted 'as-is' with no improvements from Lessor.

## SEC filing metadata
- accession: 0001193125-22-313758
- form_type: 8-K
- ticker: QBTS
- cik: 0001907982
- company_name: D-Wave Quantum Inc.
- filed_at: 2022-12-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1907982/000119312522313758/0001193125-22-313758-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1907982/000119312522313758/d441817d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-313758
- JSON: https://secwatch.observer/filing/0001193125-22-313758.json
- Plain text: https://secwatch.observer/filing/0001193125-22-313758.txt

## Key facts
- Material Agreements
  D-Wave Quantum Inc. amended Second Amendment to Lease with Embarcadero Joint Venture valued at $19,200 per month (effective 2022-09-09).
  - Action: amendment
  - Agreement: lease
  - Counterparty: Embarcadero Joint Venture
  - Value: $19,200 per month
  - Effective: 2022-09-09
  source text: D-Wave Commercial Inc. (“D-Wave Commercial”), an indirectly, wholly-owned subsidiary of D-Wave Quantum Inc. (“D-Wave”), entered into a Second Amendment (“Second Amendment”) to Lease, dated September 9, 2022, with Embarcadero Joint Venture.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1907982/000119312522313758/0001193125-22-313758-index.htm

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