secwatch.observer — SEC 8-K summary
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Issuer:     D-Wave Quantum Inc. (QBTS)
CIK:        0001907982
Form:       8-K
Filed at:   2026-01-07T23:59:59+00:00
Accession:  0001907982-26-000010
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1907982/000190798226000010/0001907982-26-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1907982/000190798226000010/qbts-20260106.htm
  HTML page:      https://secwatch.observer/filing/0001907982-26-000010

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