QBTS 8-K
D-Wave Quantum Inc. (QBTS)
8-K
2024-10-09
For: 2024-10-09
View Original
Added on
April 12, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
_____________________________________________________________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): October 9, 2024
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(Exact Name of Registrant as Specified in Its Charter)
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| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
(Address of principal executive offices)
(604 ) 630-1428
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
_____________________________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| Emerging growth company | ||||||||
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ||||||||
Item 7.01 Regulation FD Disclosure.
On October 9, 2024, D-Wave Quantum Inc. (“D-Wave”) announced its upcoming participation in the 2024 INFORMS Annual Meeting, Oct. 20-23, in Seattle, Washington. Aligned with the event’s theme, "Smarter Decisions for a Better World," D-Wave will be a featured speaker in the event’s Technology Showcase, host an exhibitor workshop on the fundamentals of quantum computing, meet with job seekers onsite about roles in quantum optimization, and conduct live booth demonstrations to highlight how quantum technology can help organizations overcome the limitations of classical computing solutions when faced with complex optimization problems. A copy of the press release is attached as Exhibit 99.1.
The information in this Item 7.01 to this Current Report on Form 8-K, including Exhibit 99.1, is intended to be furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |||||||
| Press release, dated October 9, 2024. | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: | D-Wave Quantum Inc. | |||||||
| By: | /s/ Alan Baratz | |||||||
| Name: | Alan Baratz | |||||||
| Title: | President & Chief Executive Officer | |||||||
D-Wave Brings Quantum Optimization to 2024 INFORMS Annual Meeting
Customer success stories to demonstrate how quantum optimization can surpass classical solvers to address real-world complexities for better answers and accelerated time-to-solution
PALO ALTO, Calif. – October 9, 2024 – D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced its upcoming participation in the 2024 INFORMS Annual Meeting, Oct. 20-23, in Seattle, Washington. Aligned with the event’s theme, "Smarter Decisions for a Better World," D-Wave will be a featured speaker in the event’s Technology Showcase, host an exhibitor workshop on the fundamentals of quantum computing, meet with job seekers onsite about roles in quantum optimization, and conduct live booth demonstrations to highlight how quantum technology can help organizations overcome the limitations of classical computing solutions when faced with complex optimization problems.
D-Wave’s participation at the INFORMS annual meeting includes:
•Murray Thom, D-Wave’s vice president of quantum technology evangelism, will share how D-Wave's quantum technologies can successfully tackle complex optimization problems such as scheduling large workforces, managing production lines, and routing fleets of vehicles. His presentation will occur during the Technology Showcase on Monday, Oct. 21, from 1:25 to 2:00 p.m. in Room 345 of the Summit building.
•Catherine Potts, D-Wave staff technical advisor, will lead an exhibitor workshop covering the fundamentals of quantum computing and how businesses can quickly get started. She will demonstrate real-world applications through use case examples and live applications. Her workshop occurs on Saturday, Oct. 19, from 10 a.m. to 12:30 p.m. in Room 448 of the Summit building.
•Company recruiters will be available during the event’s career fair to highlight what it’s like to work in the field of quantum optimization and D-Wave specifically, as well as meet with potential candidates for open roles, including key positions within its Customer Team and Research & Development organization.
•D-Wave's experts will be available at Booth 206 to engage with attendees about how quantum-powered solutions can drive efficiencies within their organizations. Participants will have the opportunity to explore D-Wave’s Leap™ real-time quantum cloud service — which includes a portfolio of hybrid solvers able to solve problems involving millions of variables and constraints.
•Lastly, D-Wave is offering attendees a consultation to determine whether quantum optimization could improve answer quality and accelerate time-to-solution, allowing them to decide if a complimentary proof-of-technology project is worth considering. One organization will be selected for this complimentary proof-of-technology project.
“Companies today are constantly seeking efficiency gains, but classical solvers increasingly have difficulty keeping up with the ever-growing complexities of today’s modern business challenges," said Murray Thom, D-Wave’s vice president of quantum technology evangelism. "Quantum optimization excels by exploring countless possibilities simultaneously to better
address customer problems across logistics, manufacturing and supply chain with speed, precision, and adaptability."
Learn more about the 2024 INFORMS Annual Meeting at: https://meetings.informs.org/wordpress/seattle2024/
About D-Wave Quantum Inc.
D-Wave is a leader in the development and delivery of quantum computing systems, software, and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. Our mission is to unlock the power of quantum computing today to benefit business and society. We do this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory. With its Quantum Center of Excellence located near Vancouver, Canada, D-Wave's global operations are based in Palo Alto, CA.
Forward-Looking Statements
Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.
Media Contacts:
D-Wave
Alex Daigle