---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-002507"
form_type: "8-K"
ticker: "QBTS"
cik: "0001907982"
company_name: "D-Wave Quantum Inc."
filed_at: "2026-01-20T23:59:59+00:00"
generated_at: "2026-05-16T09:37:04.315855+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# D-Wave completes acquisition of Quantum Circuits for $250M cash and 10.4M shares

## Summary
- Consideration includes $250M cash and 10,430,444 shares of D-Wave common stock.
- Acquisition combines D-Wave's annealing systems with Quantum Circuits' error-corrected gate-model technology.
- D-Wave plans to make initial gate-model system available in 2026, targeting scaled error-corrected gate computer.
- Quantum Circuits' dual-rail qubits bring superconducting speed with high fidelity, touted as industry breakthrough.
- D-Wave CEO says acquisition establishes company as world's leading quantum computing firm with dual-platform roadmap.

## SEC filing metadata
- accession: 0001628280-26-002507
- form_type: 8-K
- ticker: QBTS
- cik: 0001907982
- company_name: D-Wave Quantum Inc.
- filed_at: 2026-01-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.02, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1907982/000162828026002507/0001628280-26-002507-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1907982/000162828026002507/qbts-20260120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-002507
- JSON: https://secwatch.observer/filing/0001628280-26-002507.json
- Plain text: https://secwatch.observer/filing/0001628280-26-002507.txt

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