---
schema_version: "secwatch.filing_event.v1"
accession: "0001907982-26-000010"
form_type: "8-K"
ticker: "QBTS"
cik: "0001907982"
company_name: "D-Wave Quantum Inc."
filed_at: "2026-01-07T23:59:59+00:00"
generated_at: "2026-05-16T11:25:15.805458+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001907982-26-000010
- form_type: 8-K
- ticker: QBTS
- cik: 0001907982
- company_name: D-Wave Quantum Inc.
- filed_at: 2026-01-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1907982/000190798226000010/0001907982-26-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1907982/000190798226000010/qbts-20260106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001907982-26-000010
- JSON: https://secwatch.observer/filing/0001907982-26-000010.json
- Plain text: https://secwatch.observer/filing/0001907982-26-000010.txt

## Key facts
- Material Agreements
  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
  source text: 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”),
  evidence_url: https://www.sec.gov/Archives/edgar/data/1907982/000190798226000010/0001907982-26-000010-index.htm

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