Business Context and Reporting Period
This Form 8-K Current Report was filed by D-Wave Quantum Inc. on December 9, 2024, covering the event date of December 6, 2024. The company is an emerging growth company incorporated in Delaware, with its principal executive offices in Palo Alto, California.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on corporate governance changes rather than financial performance data.
Material Changes
The primary material change reported is the resignation of Ziv Ehrenfeld from the Board of Directors, effective December 6, 2024. Mr. Ehrenfeld served on both the Audit Committee and the Compensation Committee. The company explicitly states that the resignation is not due to any disagreement with the Company regarding operations, policies, or practices.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook for future periods. No specific risks, contingencies, or unusual items were disclosed in this report beyond the standard disclosure regarding the director's departure.
Investor Verification Checklist
- Verify the composition of the Board of Directors following Mr. Ehrenfeld's departure.
- Confirm the status of the Audit Committee and Compensation Committee to ensure quorum and compliance.
- Review subsequent filings for any appointment of a replacement director.