D-Wave Quantum Inc. filed an amendment to report the execution of a Securities Issuance Agreement with the U.S. Department of Commerce on September 8, 2026. Pursuant to this agreement, which follows an Other Transaction Agreement announced on September 4, 2026, the company issued 7,095,721 shares of common stock to the Department at a price of $14.093 per share. The transaction is part of a broader award arrangement with aggregate funding potential up to $100 million. The filing highlights significant risks including dilution to existing shareholders, uncertainty regarding government appropriations and policy shifts, and potential limitations on future strategic transactions due to the Department's equity interest. D-Wave Quantum Inc. operates in the quantum computing industry.
