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.

On September 4, 2026, D-Wave Quantum Inc. entered into an Other Transaction Agreement with the U.S. Department of Commerce to receive up to $100 million in CHIPS and Science Act funding for advanced quantum computing research and development. The award includes an initial tranche of $53,552,620, with subsequent tranches totaling approximately $46.4 million contingent on achieving specific milestones related to tool installation, prototype fabrication, and system calibration. As a condition of the agreement, D-Wave will issue 7,095,721 shares of common stock to the Department at $14.093 per share, representing a minority equity stake subject to transfer restrictions and repurchase rights if the government terminates the award for convenience. The company operates in the quantum computing industry, developing superconducting annealing and gate-model systems.