Form 4: Public Sector Pension Investment Board Acquires 1,000,000 Shares of D-Wave Quantum Inc.
SEC Form 4
Public Sector Pension Investment Board reports acquiring 1,000,000 shares of D-Wave Quantum Inc. common stock through the conversion of exchangeable shares.
Summary
- On June 27, 2024, Public Sector Pension Investment Board acquired 1,000,000 shares of D-Wave Quantum Inc. common stock.
- The acquisition was made through the conversion of exchangeable shares.
- Following the transaction, the reporting person beneficially owns 19,374,059 shares of common stock directly.
- The reporting person also beneficially owns 40,057,252 exchangeable shares, each convertible into one share of common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. There's no indication of positive or negative outlook.
Industry Context
This filing indicates a significant transaction by a major shareholder in D-Wave Quantum Inc., a company in the quantum computing sector. Monitoring such transactions is important for understanding investor confidence and potential shifts in ownership structure within the industry.
Stakeholder Impact
- The acquisition of shares by a major institutional investor like Public Sector Pension Investment Board could increase investor confidence in D-Wave Quantum Inc.
Key Dates
| Date | Description |
|---|---|
| 06/27/2024 | Date of transaction: Acquisition of 1,000,000 shares of common stock through conversion of exchangeable shares. |
| 09/13/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.