secwatch.observer — SEC 8-K summary
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Issuer:     D-Wave Quantum Inc. (QBTS)
CIK:        0001907982
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0001907982-25-000254
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

D-Wave reminds warrant holders of Nov 19 redemption; exercise price $11.50
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- Redemption date November 19, 2025; unexercised warrants void and holders get only $0.01 per warrant.
- Each warrant entitles holder to 1.4541326 shares of common stock for $11.50 cash; fractional shares rounded down.
- Last day of warrant trading on NYSE expected to be November 17, 2025.
- Redemption notice triggered after common stock closed at or above $18.00 for 20 of 30 trading days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1907982/000190798225000254/0001907982-25-000254-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1907982/000190798225000254/qbts-20251113.htm
  HTML page:      https://secwatch.observer/filing/0001907982-25-000254

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer