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- Founder Shares Acquired At Approximately $0.008 Per Share (new) — Initial stockholders acquired founder shares at a nominal cost, creating substantial potential profit and significant dilution for public investors.
- D-wave Equityholder Shares Acquired At Prices As Low As Approximately $0.02 Per Share (new) — Existing equityholders hold shares with extremely low cost bases, leading to large potential gains and overhang on the stock.
D-Wave Quantum registers resale of up to 60.2M shares and 8M warrants by selling securityholders; company gets no proceeds
Filed April 16, 2024 · ~1 min read
Key Changes
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The prospectus covers resale of up to 60,159,214 common shares and 8,000,000 warrants by selling securityholders; D-Wave receives no proceeds from these sales.
The Offering verify on EDGAR → -
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PIPE shares (up to 5,816,528) were acquired at about $6.88 per share, far above the recent market price of $1.58, implying large losses for those investors.
The Offering verify on EDGAR → -
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Founder shares (up to 3,015,575) were acquired at about $0.008 per share, creating massive potential gains for initial stockholders if sold at current prices.
The Offering verify on EDGAR →
1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 2, 2026 · How we verify