8-K: D-Wave Quantum to Transfer NYSE Listing to Nasdaq

D-Wave Quantum Inc. announced its voluntary transfer of common stock listing from the New York Stock Exchange to The Nasdaq Stock Market LLC, effective July 24, 2026.

Summary

• D-Wave Quantum Inc. is voluntarily transferring its common stock listing from the New York Stock Exchange (NYSE) to The Nasdaq Stock Market LLC (Nasdaq).
• The company expects its common stock to cease trading on the NYSE at market close on July 24, 2026.
• Trading on Nasdaq is expected to begin at market open on July 27, 2026.
• The company's common stock will continue to trade under its current ticker symbol, 'QBTS'.
• D-Wave Quantum has met all Nasdaq listing requirements and anticipates a smooth transition.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, reflecting a strategic move to a more tech-focused exchange, but it does not inherently change the company's operational or financial performance.

Positives

• The company has met all Nasdaq listing requirements, indicating a strong compliance position.
• The transfer is expected to be a smooth transition with no disruption to trading activities.
• D-Wave Quantum is positioned on Nasdaq, a marketplace known for technology and innovation companies.
• The CEO highlights alignment with Nasdaq's innovative environment and D-Wave's leadership in quantum computing.

Risks

• Potential for unforeseen issues during the transition process, despite expectations of a smooth transfer.
• The filing references risks discussed in its most recent Form 10-K and subsequent 10-Q filings, which could impact future results.

Future Outlook

The company expects a smooth transition to Nasdaq with no disruption to trading activities. The CEO expresses enthusiasm for aligning with Nasdaq's innovative environment as D-Wave accelerates the adoption of quantum solutions.

Management Comments

• "Nasdaq is the marketplace for companies shaping the future of technology," said Dr. Alan Baratz, CEO of D-Wave.
• "As the first commercial quantum computing company and a leader in delivering real-world quantum performance, D-Wave is well aligned with the innovation Nasdaq represents."
• "Were accelerating adoption of quantum solutions with customers around the world and look forward to working with Nasdaq during this transformative time in computing."

Industry Context

StockSavvy.ai notes that D-Wave Quantum's move to Nasdaq, a prominent exchange for technology and growth companies, signals a strategic alignment with innovation hubs. This move is common for companies aiming to be associated with forward-thinking technology sectors.

Stakeholder Impact

• Shareholders: Expected to experience a seamless transition with no disruption to trading, maintaining the same ticker symbol.
• Investors: May view the move to Nasdaq positively due to its association with technology and growth companies.

Next Steps

• Cease trading on NYSE at market close on July 24, 2026.
• Begin trading on Nasdaq at market open on July 27, 2026.

Key Dates

Keywords

D-Wave Quantum, Nasdaq, NYSE, Stock Listing, QBTS, Quantum Computing, Form 8-K, Technology Transfer