NYSE:QBTSSoftware
D-Wave Quantum (QBTS) Is Down 11.1% After Dual-Platform Push And Resale Overhang – Has The Bull Case Changed?
D-Wave Quantum recently completed its acquisition of Quantum Circuits Inc. and filed new shelf registrations totaling about US$330.41 million to enable potential offerings of common and preferred stock, debt, warrants, and units, including a smaller US$17.08 million ESOP-related common stock registration.
The deal makes D-Wave the only public pure-play quantum company offering both annealing and gate-based systems, but the accompanying resale-focused registrations have raised fresh questions...