D-Wave amends 8-K to disclose US Commerce Dept stock issuance at USD 14.09 a share
QBTS•Updated risk disclosure
Updated risk disclosure flagged uncertainty in award funding timing and amount, regulatory or policy shifts, accounting treatment, and strategic constraints from government equity ownership.
Amended 8-K updates Commerce Department award disclosure
D-Wave filed an amended Form 8-K to update its earlier disclosure on a $100 million Commerce Department award.
The amendment reports execution of a Securities Issuance Agreement on Sept. 8, 2026. Commerce received 7,095,721 unregistered common shares at USD 14.09 per share, increasing dilution risk for existing holders.
