D-Wave Quantum Inc. successfully completed a $400 million equity offering, concluding on June 27, 2025, to support strategic acquisitions and corporate purposes.

Jul 01, 2025•2 months ago

Amount Raised

$400 Million

Palo AltoSoftware

Description

D-Wave Quantum Inc. announced the successful completion of $400 million in gross proceeds from its 'at-the-market' equity offering. The program, active from June 11 to June 27, 2025, was conducted at an average price of $15.18 per share. The funds will primarily be used for strategic acquisitions and general corporate purposes

Company Information

Company

D-Wave Quantum

Location

Palo Alto, California, United States

About

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world’s first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our 5,000+ qubit Advantage quantum computers, the world’s largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime.

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D-Wave Quantum Inc. successfully completed a $400 million equity offering, concluding on June 27, 2025, to support strategic acquisitions and corporate purposes.

Description

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