SCHEDULE: BlackRock Reports Stake in D-Wave Quantum Inc.
Schedule 13G Filing
BlackRock, Inc. has disclosed a beneficial ownership stake of 8.3% in D-Wave Quantum Inc. as of June 30, 2026.
Summary
- BlackRock, Inc. has filed an amended Schedule 13G, reporting its beneficial ownership of D-Wave Quantum Inc. common stock.
- As of June 30, 2026, BlackRock beneficially owns 30,566,629 shares, representing 8.3% of the class of securities.
- This ownership includes sole voting power over 29,945,216 shares and sole dispositive power over 30,566,629 shares.
- The filing indicates that no single person has an interest exceeding five percent of the total outstanding common shares, excluding BlackRock's stake.
- The filing is an amendment to a previous filing, reflecting updated ownership information.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive indicator, as significant institutional ownership by a major player like BlackRock suggests a level of confidence in the company's long-term prospects, though it's a disclosure of ownership, not performance.
Positives
- BlackRock, a significant institutional investor, holds a substantial stake in D-Wave Quantum Inc., indicating confidence in the company's potential.
- The filing confirms a clear and defined ownership percentage (8.3%), providing transparency to the market.
Negatives
- The filing does not contain any negative financial results or operational challenges for D-Wave Quantum Inc. itself, as it is a disclosure of ownership by a third party.
Risks
- The concentration of ownership by a large institutional investor like BlackRock could potentially influence corporate decisions or future strategic directions of D-Wave Quantum Inc.
- While not explicitly stated as a risk in this filing, significant ownership by a single entity can sometimes lead to less dispersed decision-making power.
Future Outlook
This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance from D-Wave Quantum Inc.
Management Comments
- BlackRock, Inc. certifies that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.
Industry Context
StockSavvy.ai notes that significant institutional ownership, as reported by BlackRock, is a common indicator of investor interest in emerging technology sectors like quantum computing, suggesting potential validation of D-Wave Quantum Inc.'s market position.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Revocation and Reissuance | BlackRock, Inc. revoked a previous power of attorney dated April 30, 2023, and issued a new one on January 21, 2025, appointing specific individuals to execute filings related to ownership and control-person reporting requirements. | 2025-01-21 | Ensures continued compliance with regulatory reporting obligations by delegating authority to specific personnel. |
Stakeholder Impact
- Shareholders: Increased transparency regarding significant institutional ownership, potentially influencing market perception and confidence.
- Management of D-Wave Quantum Inc.: May face increased scrutiny or engagement from a major shareholder like BlackRock.
- Potential Investors: The presence of a large institutional holder can be seen as a positive signal, potentially attracting further investment.
Next Steps
- BlackRock will continue to hold its shares in D-Wave Quantum Inc. and will file amendments to this Schedule 13G as required by regulations.
- D-Wave Quantum Inc. will continue its operations and business development as outlined in its previous disclosures.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Previous power of attorney dated for BlackRock, Inc. |
| 2025-01-21 | Effective date of the new power of attorney for BlackRock, Inc. |
| 2026-06-30 | Date of event requiring filing of this statement (ownership as of this date). |
| 2026-07-29 | Date of certification and signature by BlackRock, Inc. |
Keywords
D-Wave Quantum Inc., BlackRock, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Securities Ownership
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