D-Wave Quantum receives ~$95.8M total from warrant exercises in late May/early June

D-Wave Quantum Inc.

Received $15.3M from exercise of ~1.33M warrants at $11.50/warrant from May 30 to June 3, 2025.
Previously on May 29, 2025, received $80.5M from exercise of ~7.0M warrants at $11.50/warrant.
Total proceeds from the two tranches ~$95.8M; warrants assumed from Aug 2022 DPCM Capital merger.
No mention of specific use of proceeds; cash infusion strengthens balance sheet.

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