D-Wave Quantum enters $400M ATM equity offering with 8 agents

D-Wave Quantum Inc.

On June 10, 2025, D-Wave entered a Sales Agreement to sell up to $400M of common stock through 8 agents.
Agents receive up to 3.0% of gross sales; company not obligated to sell any shares.
Proceeds for general corporate purposes including capex, acquisitions, and working capital.
Management reiterates belief that cash as of March 31, 2025 is sufficient to fund to profitability.

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