D-Wave Quantum registers 7.1M U.S. Commerce share resale
Rhea-AI Filing Summary
D-Wave Quantum Inc. (QBTS) reported that on September 10, 2026 it filed a prospectus supplement under its automatic shelf registration statement on Form S-3ASR to cover the resale of 7,095,721 shares of its common stock by the United States Department of Commerce. The company also filed a legal opinion from Paul, Weiss, Rifkind, Wharton & Garrison LLP related to these shares as an exhibit incorporated by reference into the registration statement.
Positive
- None.
Negative
- None.
Filing Explained
The filing creates a registered resale route for Commerce’s 7,095,721 shares, without establishing a completed sale or new D-Wave issuance.
The disclosed event is a resale registration, not a completed transaction: the filing gives the United States Department of Commerce a registered route to sell 7,095,721 shares, while not stating that a transfer occurred or that D-Wave received proceeds.
Because the filing covers resale by an existing holder rather than an issuance by D-Wave, it does not itself establish added shares or dilution for existing common holders; those ownership mechanics would change only if a resale occurs.
8-K Event Classification
Key Figures
Key Terms
prospectus supplement regulatory
registration statement on Form S-3ASR regulatory
resale financial
legal opinion regulatory
Offering Details
FAQ
What did D-Wave Quantum Inc. (QBTS) announce in this Form 8-K?
Who is the selling stockholder in the D-Wave Quantum Inc. (QBTS) resale registration?
What registration statement is the QBTS prospectus supplement associated with?
Does the filing indicate any change to D-Wave Quantum Inc.’s common stock listing?
AI-generated analysis. How Rhea-AI works. Not financial advice.