D-Wave Quantum Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by D-Wave Quantum Inc. on September 18, 2026. The filing reports a corporate governance event regarding the appointment of a new independent director to the Board of Directors.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
On September 18, 2026, the Board of Directors appointed Bernard Gavgani as an independent Class II director. Mr. Gavgani will serve on the Cybersecurity Committee and will be compensated in accordance with the standard director compensation plan outlined in the 2026 Proxy Statement. There are no reportable transactions between Mr. Gavgani and the Company under Item 404(a) of Regulation S-K.
Management Commentary and Risks
Management highlights Mr. Gavgani's extensive background, including his role as Senior Advisor for Technology and Innovation to BNP Paribas Group Executive Management and his previous tenure as Group Chief Information Officer (CIO) from 2018 to 2025. His expertise includes global technology strategy, operational transformation, artificial intelligence governance, and cybersecurity. The filing notes no family relationships with existing directors or officers and no undisclosed arrangements regarding his selection.
Investor Verification Checklist
- Verify the effective date of Bernard Gavgani's appointment (September 18, 2026).
- Confirm his specific committee assignment (Cybersecurity Committee).
- Review the 2026 Proxy Statement for details on the director compensation structure applicable to Mr. Gavgani.
- Check the attached press release (Exhibit 99.1) for additional public commentary on the appointment.