---
schema_version: "secwatch.filing_event.v1"
accession: "0001907982-26-000144"
form_type: "8-K/A"
ticker: "QBTS"
cik: "0001907982"
company_name: "D-Wave Quantum Inc."
filed_at: "2026-09-09T11:00:09+00:00"
generated_at: "2026-09-09T11:05:13.046872+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# D-Wave issues 7.1M shares to U.S. Commerce Dept for $100M CHIPS Act award

## Summary
- Issued 7,095,721 shares at $14.093/share to U.S. Department of Commerce under Securities Issuance Agreement dated Sept 8, 2026.
- Shares issued in connection with $100M award under CHIPS Act; unregistered, sold under Section 4(a)(2) exemption.
- Company warns of dilution to existing stockholders and uncertainty of funding timing/amounts under the OTA.
- Department's equity stake may limit future strategic transactions; accounting treatment uncertain.
- Award funds subject to appropriations and government policy changes; legal challenges possible.

## SEC filing metadata
- accession: 0001907982-26-000144
- form_type: 8-K/A
- ticker: QBTS
- cik: 0001907982
- company_name: D-Wave Quantum Inc.
- filed_at: 2026-09-09T11:00:09+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1907982/000190798226000144/0001907982-26-000144-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1907982/000190798226000144/qbts-20260904.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001907982-26-000144
- JSON: https://secwatch.observer/filing/0001907982-26-000144.json
- Plain text: https://secwatch.observer/filing/0001907982-26-000144.txt

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