Offerings // D-Wave Quantum Inc.

QBTS offering history

Every offering-related filing in D-Wave Quantum Inc.’s recent SEC record — registrations (announced capacity) kept separate from pricing documents (executed sales). Reviewed 718 filings back to Feb 8, 2022.

Last executed offering
Jan 20, 2026
8-K — priced deal (shares or notes)
Last registration (announced)
Jan 20, 2026
S-3ASR — capacity, not a sale
Executed, last 12 months
2
424B pricings + 8-K 3.02 sales
Registered, last 12 months
1
S-1/S-3/F-series registrations
DateFilingWhat it means
Jan 20, 20268-KEXECUTEDUnregistered share sale disclosed (8-K item 3.02)
Jan 20, 2026S-3ASRREGISTEREDAutomatic shelf registration — effective immediately (large filers)
Jan 20, 2026424B7UPDATEResale prospectus — existing holders registering to sell
Jan 7, 20268-KEXECUTEDUnregistered share sale disclosed (8-K item 3.02)
Jun 10, 2025424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jun 10, 2025424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jun 10, 2025EFFECTEFFECTIVESEC declared a registration effective — selling can begin
Jun 3, 2025S-3REGISTEREDS-3 registration — capacity to sell shares, not a sale yet
Apr 3, 2025424B3UPDATEProspectus update — often a resale registration, not necessarily new capital
Apr 1, 2025EFFECTEFFECTIVESEC declared a registration effective — selling can begin
Mar 21, 2025S-3REGISTEREDS-3 registration — capacity to sell shares, not a sale yet
Jan 10, 2025S-3MEFREGISTEREDS-3MEF registration — capacity to sell shares, not a sale yet
Jan 10, 2025424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jan 2, 2025424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Dec 27, 2024EFFECTEFFECTIVESEC declared a registration effective — selling can begin
Dec 23, 2024S-3REGISTEREDS-3 registration — capacity to sell shares, not a sale yet
Dec 9, 2024424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
May 24, 2024424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Apr 16, 2024424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Apr 16, 2024424B3UPDATEProspectus update — often a resale registration, not necessarily new capital
Apr 16, 2024424B3UPDATEProspectus update — often a resale registration, not necessarily new capital
Apr 12, 2024EFFECTEFFECTIVESEC declared a registration effective — selling can begin
Apr 12, 2024EFFECTEFFECTIVESEC declared a registration effective — selling can begin
Apr 12, 2024EFFECTEFFECTIVESEC declared a registration effective — selling can begin
Apr 10, 2024S-3/AREGISTEREDS-3/A registration — capacity to sell shares, not a sale yet
Apr 2, 2024S-3REGISTEREDS-3 registration — capacity to sell shares, not a sale yet
Apr 2, 2024S-3REGISTEREDS-3 registration — capacity to sell shares, not a sale yet
Apr 2, 2024S-3REGISTEREDS-3 registration — capacity to sell shares, not a sale yet
Feb 2, 2024424B3UPDATEProspectus update — often a resale registration, not necessarily new capital
Feb 2, 2024424B3UPDATEProspectus update — often a resale registration, not necessarily new capital
Feb 2, 2024424B3UPDATEProspectus update — often a resale registration, not necessarily new capital
Jan 17, 2024424B3UPDATEProspectus update — often a resale registration, not necessarily new capital
Jan 17, 2024424B3UPDATEProspectus update — often a resale registration, not necessarily new capital
Jan 17, 2024424B3UPDATEProspectus update — often a resale registration, not necessarily new capital
Dec 12, 2023424B3UPDATEProspectus update — often a resale registration, not necessarily new capital
Dec 12, 2023424B3UPDATEProspectus update — often a resale registration, not necessarily new capital
Dec 12, 2023424B3UPDATEProspectus update — often a resale registration, not necessarily new capital
Nov 13, 2023424B3UPDATEProspectus update — often a resale registration, not necessarily new capital
Nov 13, 2023424B3UPDATEProspectus update — often a resale registration, not necessarily new capital
Nov 13, 2023424B3UPDATEProspectus update — often a resale registration, not necessarily new capital
QBTS offering-related filings from SEC EDGAR, newest first (capped at 40). Each links to the original document.

Two honest limits. (1) A 424B takedown can price shares or notes— EDGAR’s metadata doesn’t say which, so open the document: large investment-grade filers use these mostly for bond deals (no dilution), small-caps mostly for shares. (2) At-the-market (ATM) programs sell shares gradually and individual sales are not separately filed — the visible footprint is the enabling shelf and its 424B5; actual ATM share counts surface later in the 10-Q/10-K share count. Educational information from public filings, not investment advice.

Is a shelf active now? →Do they need money? →Red flags →Full QBTS workspace →
QBTS offering FAQ

When did QBTS last execute an offering?

Per SEC filings, D-Wave Quantum Inc.'s most recent priced offering document is a 8-K filed 2026-01-20. Note a 424B takedown can price shares or notes (debt) — the linked document says which.

When did QBTS last announce or register an offering?

The most recent registration is a S-3ASR filed 2026-01-20. A registration is capacity to sell shares — not a sale.

Does an offering always mean dilution?

Registered direct offerings and shelf takedowns issue new shares and dilute existing holders. Resale registrations (424B3/B7) let existing holders sell and do not create new shares. Secondary sales by insiders also do not dilute. Each row here is labeled with what it is.