D-Wave Quantum Warrants Face Expiration Deadline

Today marks a critical deadline for investors holding warrants in D-Wave Quantum Inc. (NYSE: QBTS), with the redemption window closing at 11:00 PM German time. The quantum computing company is moving to streamline its financial structure through this corporate action, which will see all outstanding public warrants redeemed. Warrant holders must take action before the cutoff or receive merely a symbolic $0.01 per warrant.

D-Wave’s warrant redemption initiative represents a strategic effort to simplify its capital framework. The company has set the redemption price at $0.01 per warrant, effectively rendering unexercised warrants worthless after the deadline. Trading of these instruments on the New York Stock Exchange already concluded on November 17.

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