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Update! That was fast!
$D-Wave Quantum (QBTS.US)$ D-Wave Announces Successful Completion of $175 Million At-the-Market Equity Offerings
Business Wire 12-Dec-2024 7:00 AM
D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave" or the "Company"), a leader in quantum computing systems, software, and services, and the world's first commercial supplier of quantum computers, today announced that it has successfully completed sales of $175 million in gross proceeds of its common stock pursuant to its previously disclosed $100 million and $75 million "at-the-market" equity offering programs (the "ATM Programs"). The $75 million ATM Program, implemented on Monday, December 9th, was completed at an average price per share of $4.8149. Over that same three-day period, D-Wave stock traded at a Volume Weighted Average Price ("VWAP") of $4.6625 (per Bloomberg). The Company expects to end the current fiscal 2024 fourth quarter with at least $160 million in cash. The funds were used, and will continue to be used, for working capital and capital expenditures in support of D-Wave's ongoing technical development efforts and business operations
Business Wire 12-Dec-2024 7:00 AM
D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave" or the "Company"), a leader in quantum computing systems, software, and services, and the world's first commercial supplier of quantum computers, today announced that it has successfully completed sales of $175 million in gross proceeds of its common stock pursuant to its previously disclosed $100 million and $75 million "at-the-market" equity offering programs (the "ATM Programs"). The $75 million ATM Program, implemented on Monday, December 9th, was completed at an average price per share of $4.8149. Over that same three-day period, D-Wave stock traded at a Volume Weighted Average Price ("VWAP") of $4.6625 (per Bloomberg). The Company expects to end the current fiscal 2024 fourth quarter with at least $160 million in cash. The funds were used, and will continue to be used, for working capital and capital expenditures in support of D-Wave's ongoing technical development efforts and business operations
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RobinLi210 : It explained the reason so hard to break up .
DazzlerAus : Great price at 4.81 - this should rise
KianSoh : Good news, now DWAVE is funded, positive news. 5000qubits that’s huge.