D-Wave Quantum Inc. announced that it has raised approximately $15.3 million from the exercise of 1.33 million warrants to purchase common stock between May 30 and June 3, 2025. Earlier, on May 29, 2025, the company secured approximately $80.5 million from the exercise of 7 million similar warrants. These warrants, with an exercise price of $11.50 each, were linked to D-Wave's merger with DPCM Capital, Inc. in August 2022.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.