D-Wave acquires Quantum Circuits for $550M ($300M stock + $250M cash)

D-Wave Quantum Inc.

D-Wave to acquire Quantum Circuits for $550M ($300M stock, $250M cash).
Closing expected late January 2026, subject to HSR and NYSE listing approval.
Combined entity plans to bring error-corrected gate-model systems to market in 2026.
Dr. Rob Schoelkopf joins D-Wave; key employees subject to 5-year lock-up on 50% of shares.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

D-Wave Quantum Inc. entered into Agreement and Plan of Merger with Quantum Circuits, Inc. valued at $300,000,000 plus $250,000,000 in cash (effective 2026-01-06).

Action: entry
Agreement: merger
Counterparty: Quantum Circuits, Inc.
Value: $300,000,000 plus $250,000,000 in cash
Effective: 2026-01-06

Exact text from the filing

On January 6, 2026 , D-Wave Quantum Inc., a Delaware corporation (the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Quantum Circuits, Inc., a Delaware corporation (“Quantum Circuits”),

View on SEC.gov

306 material agreements filed in the last 30 days. Browse all material agreements →

D-Wave Quantum Inc. filing history →

Source: SEC EDGAR

accession 0001907982-26-000010

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.