Filing Summary
Business Context and Reporting Period
D-Wave Quantum Inc. filed a Form 8-K dated September 4, 2023, reporting a change to its board of directors. The company is incorporated in Delaware and is headquartered in Burnaby, British Columbia. Its common stock trades under QBTS and its warrants under QBTS.WT on the New York Stock Exchange.
Material Event
- Michael Rogers resigned as a director effective September 4, 2023.
- The filing states that the resignation resulted from Mr. Rogers’s decision to run for a seat in the United States Senate in the 2024 election.
- The resignation was not due to any disagreement with the company regarding its operations, policies, or practices.
Financial Metrics and Liquidity
This filing does not provide revenue, profit, cash flow, margin, debt, liquidity, or other financial metrics.
Guidance, Outlook, Risks, and Unusual Items
The filing provides no financial guidance, operating outlook, contingencies, or material risk disclosures beyond the director resignation. The board-level vacancy and any resulting changes to committee composition or governance are not described.
Investor Verification Items
- Confirm the effective date and stated reason for Michael Rogers’s resignation.
- Review subsequent filings for the appointment of a replacement director and any changes to board committees.
- Consult the company’s periodic reports for financial performance, liquidity, debt, and forward-looking guidance, which are not included in this 8-K.