Welcome to our dedicated page for D Wave Quantum SEC filings (Ticker: QBTS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The D-Wave Quantum Inc. (QBTS) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures, including Form 8-K current reports and other key documents filed with the U.S. Securities and Exchange Commission. These filings offer detailed information on material events, financial results, capital markets actions, and significant agreements that shape D-Wave’s quantum computing business.
For QBTS, recent Form 8-K filings describe topics such as quarterly financial results, the completion and reminder of public warrant redemptions, and the related Form 25 filing that removed the company’s warrants from listing and registration on the New York Stock Exchange while the common stock continues to trade under the QBTS symbol. Other 8-Ks cover the formation of a U.S. government business unit, providing insight into D-Wave’s focus on government and defense applications.
Filings also document technology and strategic milestones, including announcements of the Qubits 2026 user conference, breakthroughs in scalable on-chip cryogenic control of gate-model qubits, and the Agreement and Plan of Merger to acquire Quantum Circuits, Inc. The merger agreement filing outlines transaction terms, consideration structure, closing conditions, and related lock-up arrangements for key employees.
On Stock Titan, these SEC filings are paired with AI-powered summaries that help explain the significance of each document in clear language. Users can quickly see the core points of lengthy 8-Ks, identify items related to capital structure changes, technology developments, or business strategy, and then open the full filing text for deeper review. This makes it easier to follow QBTS disclosures over time, compare events across filings, and understand how D-Wave’s quantum computing initiatives are reflected in its official regulatory record.
D-Wave Quantum Inc. completed its previously announced acquisition of Quantum Circuits, Inc., gaining all of its issued and outstanding equity. The deal consideration at closing consisted of 10,430,444 shares of D-Wave common stock plus $250,000,000 in cash, subject to net debt and other adjustments under the merger agreement.
In connection with issuing the stock portion of the consideration, D-WWave and the former Quantum Circuits securityholders entered into a Registration Rights Agreement granting registration rights for the stock consideration. D-Wave highlights risks that integration challenges, higher-than-expected costs, or failure to realize synergies between annealing and gate-model quantum computing could hurt its business and share price. The company also reiterates forward-looking plans, including its dual-platform roadmap and an intention to make an initial gate-model system available in 2026.
D-Wave Quantum Inc.'s EVP, Chief Legal Officer & GC, Diane Nguyen, reported two sales of common stock. On January 13, 2026, she sold 20,000 shares at a weighted average price of $28.8579 per share, executed automatically under a Rule 10b5-1 trading plan adopted on August 14, 2025. On January 14, 2026, she sold 4,519 shares at a weighted average price of $28.0623 per share to cover statutory tax withholding on vesting restricted stock units, under a mandated “sell to cover” arrangement.
Following these transactions, Nguyen beneficially owns 539,589 shares of common stock, which includes 207,921 unvested restricted stock units and 799 shares acquired through the company’s employee stock purchase plan for the June 1, 2025 to November 30, 2025 purchase period.
D-Wave Quantum Inc. (QBTS) Chief Financial Officer John M. Markovich reported an automatic sale of 9,179 shares of common stock on January 14, 2026. The shares were sold at a weighted average price of $28.0623 per share in multiple trades within a price range of $27.68 to $28.37.
The filing explains that this was a mandatory “sell to cover” transaction to satisfy statutory tax withholding obligations triggered by the vesting of restricted stock units, and it did not represent a discretionary trade by the CFO. After this tax-related sale, Markovich beneficially owned 1,462,133 shares of common stock, which includes 496,542 unvested restricted stock units.
D-Wave Quantum Inc. President & CEO Alan E. Baratz reported a tax-related share sale. On 01/14/2026, he sold 35,013 shares of D-Wave Quantum Inc. Common Stock at a weighted average price of $28.0623 per share. According to the disclosure, these shares were sold solely to cover statutory tax withholding obligations arising from the vesting of restricted stock units, under a mandatory “sell to cover” election in the company’s equity incentive plans, and do not represent a discretionary trade by him.
Following this transaction, Baratz beneficially owned 2,598,150 shares of Common Stock, which includes 649,244 shares underlying unvested restricted stock units.
D-Wave Quantum Inc. insider Alan Baratz has filed a notice of proposed sales of common stock under Rule 144. The filing covers the planned sale of 35,013 common shares through J.P. Morgan Securities LLC, with an aggregate market value of 982,545.8. These shares are expected to be sold on or about 01/14/2026 on the NYSE, with 342,200,000 shares outstanding noted for context.
The shares to be sold were acquired on 01/13/2026 through the vesting of 85,843 restricted stock units from D-Wave Quantum Inc. as consideration for services rendered, with payment recorded on the same date. The filing also lists prior sales over the past three months by Alan Baratz, including blocks of 31,369, 806,288, 168,102, and 793,712 common shares, with gross proceeds such as 1,372,187, 23,276,393, 3,895,664, and 23,913,142.
Diane Nguyen, associated with D-Wave Quantum Inc., filed a notice of proposed sale of 4,519 shares of common stock through J.P. Morgan Securities LLC on the NYSE. These shares are part of D-Wave Quantum Inc.’s common stock, which had 342,200,000 shares outstanding at the time referenced. Nguyen acquired 10,335 common shares on 01/13/2026 through the vesting of restricted stock units in exchange for services rendered. Over the past three months, she has reported multiple sales of D-Wave Quantum common shares, each with disclosed share counts and gross proceeds.
D-Wave Quantum Inc. insider John Markovich filed a notice to sell 9179 shares of Class A common stock through J.P. Morgan Securities LLC on or about 01/14/2026 on the NYSE, with an aggregate market value of 257583.98. The filing notes 342200000 shares of this class outstanding.
The securities to be sold were acquired on 01/13/2026 via a stock option exercise from D-Wave Quantum Inc. in the amount of 21875 common shares as consideration for services rendered. Over the past three months, Markovich has reported several sales of the issuer’s common stock, including 200000 shares on 11/20/2025 for gross proceeds of 4588008 and 100000 shares on 12/22/2025 for gross proceeds of 3002624.
D-Wave Quantum Inc. filed a current report describing a press conference it hosted on January 7, 2026 about its previously announced agreement to acquire all of the issued and outstanding equity of Quantum Circuits, Inc. The company used an investor presentation for this event, which is provided as Exhibit 99.1 and incorporated by reference.
The disclosure is made under Regulation FD, meaning it is intended to share the same information with the wider market that was discussed at the press conference. The company notes that the presentation and related materials are being furnished rather than filed, which limits how they are treated for certain securities law liability and incorporation-by-reference purposes.
D-Wave Quantum Inc. entered into a definitive Agreement and Plan of Merger to acquire all of the equity of Quantum Circuits, Inc.. The deal values the transaction at $550,000,000, consisting of Common Stock with a value of $300,000,000 plus $250,000,000 in cash, subject to net debt and other adjustments. The number of D-Wave shares to be issued will be based on a 10-day volume-weighted average price, with a collar between $22.30 and $39.03 per share.
Unvested Quantum Circuits stock options will be assumed and converted into D-Wave options, while vested options and warrants will be cancelled for a pro rata share of the consideration. Closing is subject to customary conditions, including Hart-Scott-Rodino clearance, absence of certain adverse events, accuracy of representations, and NYSE authorization of the new shares, and the transaction can be terminated if not closed by April 6, 2026.
D-Wave will issue the stock portion of the consideration in unregistered transactions relying on exemptions including Section 4(a)(2), Regulation D and Regulation S. Key employees will be subject to lock-up agreements restricting transfers of 50% of their D-Wave stock for up to five years, with potential accelerated release based on continued employment or certain termination events.
D-Wave Quantum Inc. reported a major technical milestone in gate-model quantum computing. The company successfully demonstrated scalable on-chip cryogenic control of qubits, which is described as an industry-first achievement. This approach reduces the amount of wiring needed to manage large numbers of qubits while maintaining qubit fidelity, an important factor for reliable quantum operations.
D-Wave states that this result confirms the on-chip cryogenic control technology already used in its commercial annealing quantum processing units can also be applied to its gate-model architectures. According to chief development officer Dr. Trevor Lanting, the company believes this positions it to deliver what it describes as the first truly scalable, commercial-grade gate-model quantum system. The announcement was made through a press release furnished as an exhibit.