<SEC-DOCUMENT>0001140361-25-014914.txt : 20250422
<SEC-HEADER>0001140361-25-014914.hdr.sgml : 20250422
<ACCEPTANCE-DATETIME>20250422161805
ACCESSION NUMBER:		0001140361-25-014914
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250422
DATE AS OF CHANGE:		20250422

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			D-Wave Quantum Inc.
		CENTRAL INDEX KEY:			0001907982
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
		ORGANIZATION NAME:           	06 Technology
		EIN:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-41468
		FILM NUMBER:		25857948

	BUSINESS ADDRESS:	
		STREET 1:		2650 EAST BAYSHORE ROAD
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94303
		BUSINESS PHONE:		(604) 630-1428

	MAIL ADDRESS:	
		STREET 1:		3033 BETA AVENUE
		CITY:			BURNABY
		STATE:			A1
		ZIP:			V5G4M9
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
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<FILENAME>ny20043193x3_defa14a.htm
<DESCRIPTION>DEFA14A
<TEXT>
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          <div style="text-align: center; font-size: 14pt; font-weight: bold;">UNITED STATES</div>
          <div style="text-align: center; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
          <div style="text-align: center; font-size: 12pt; font-weight: bold;">Washington, DC 20549</div>
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          <div style="text-align: center; font-size: 14pt; font-weight: bold;">SCHEDULE 14A</div>
          <div style="text-align: center; font-size: 12pt; font-weight: bold;">(Rule&#160;14a-101)</div>
          <div style="font-family: 'Times New Roman',Times,serif; font-weight: 400;"> <br>
          </div>
          <div style="text-align: center; font-size: 14pt; font-weight: bold;">INFORMATION REQUIRED IN PROXY STATEMENT</div>
          <div style="text-align: center; font-size: 14pt; font-weight: bold;">SCHEDULE 14A INFORMATION</div>
          <div style="font-family: 'Times New Roman',Times,serif; font-weight: 400;"> <br>
          </div>
          <div style="text-align: center; font-size: 12pt; font-weight: bold;">Proxy Statement Pursuant to Section&#160;14(a) of the</div>
          <div style="text-align: center; font-size: 12pt; font-weight: bold;">Securities Exchange Act of 1934</div>
          <div style="text-align: center; font-size: 12pt; font-weight: bold;">(Amendment No.&#8195;)</div>
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          </div>
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          <div>Filed by the Registrant &#9746;</div>
          <div>Filed by a Party other than the Registrant&#160;<font style="font-family: 'Times New Roman', serif; font-size: 1pt;">&#8201;</font>&#9744;</div>
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        <div>Check the appropriate box:</div>
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                <div>Preliminary Proxy Statement</div>
              </td>
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              <td style="width: 18pt; vertical-align: top;">&#9744;</td>
              <td style="width: auto; vertical-align: top;">
                <div style="font-weight: bold;">Confidential, for Use of the Commission Only (as permitted by Rule&#160;14a-6(e)(2))</div>
              </td>
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              <td style="width: 18pt; vertical-align: top;">&#9744;</td>
              <td rowspan="1" style="width: auto; vertical-align: top;">
                <div>Definitive&#160;Proxy Statement</div>
              </td>
            </tr>
            <tr>
              <td style="width: 18pt; vertical-align: top;">&#9746;</td>
              <td rowspan="1" style="width: auto; vertical-align: top;">
                <div>Definitive Additional Materials</div>
              </td>
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              <td style="width: 18pt; vertical-align: top;">&#9744;</td>
              <td rowspan="1" style="width: auto; vertical-align: top;">
                <div>Soliciting Material under&#160;&#167;240.14a-12</div>
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        <div> <br>
        </div>
        <div>
          <div style="text-align: center; font-size: 24pt; font-weight: bold;">D-Wave Quantum Inc.</div>
          <div style="text-align: center; font-weight: bold;">(Name of Registrant as Specified in its Charter)</div>
          <div style="text-align: center; font-weight: bold;">&#8195;</div>
          <div style="text-align: center; font-weight: bold;">(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)</div>
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          <div> <br>
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          <div>Payment of Filing Fee (Check all boxes that apply):</div>
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                <div>No fee required.</div>
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                <div>&#160;</div>
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              <td style="width: auto; vertical-align: bottom;">
                <div>&#160;</div>
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              <td style="width: 18pt; vertical-align: top;">&#9744;</td>
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                <div>Fee paid previously with preliminary materials.</div>
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                <div>&#160;</div>
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                <div>&#160;</div>
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              <td style="width: 18pt; vertical-align: top;">&#9744;</td>
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                <div>Fee computed on table in exhibit required by Item&#160;25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.</div>
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        <div style="margin-left: 0.05pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">NOTICE TO HOLDERS OF EXCHANGEABLE SHARES</div>
        <div><br>
        </div>
        <div style="margin-left: 0.05pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Annual Meeting of Stockholders of D-Wave Quantum Inc. to be held on June 5, 2025</div>
        <div><br>
        </div>
        <div style="text-align: justify; margin-left: 5.95pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Our records show that you hold exchangeable shares (the &#8220;<font style="font-weight: bold;">Exchangeable Shares</font>&#8221;) of D-Wave
          Quantum Technologies Inc., a Canadian company and an indirect subsidiary of D-Wave Quantum Inc. (&#8220;<font style="font-weight: bold;">D-Wave Quantum</font>&#8221;). The Exchangeable Shares provide you with economic and voting rights that are, as nearly as
          practicable, equivalent to those of the common stockholders of D-Wave Quantum (the &#8220;<font style="font-weight: bold;">Stockholders</font>&#8221;), including the right to attend and vote at meetings of the Stockholders. D-Wave Quantum will be holding an
          annual meeting (the &#8220;<font style="font-weight: bold;">Annual Meeting</font>&#8221;) of its Stockholders on June 5, 2025 to:</div>
        <div><br>
        </div>
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              <td style="width: 36.05pt; vertical-align: top;">(1)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>elect Steven M. West, Kirstjen Nielsen and Roger Biscay as Class III directors to serve until the 2028 annual meeting of Stockholders, and until their respective successors shall have been duly elected and qualified;</div>
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              <td style="width: 36.05pt; vertical-align: top;">(2)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>ratify the appointment of Grant Thornton LLP as D-Wave Quantum&#8217;s independent registered public accounting firm for the fiscal year ending December 31, 2025; and</div>
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        <div><br>
        </div>
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              <td style="width: 36.05pt; vertical-align: top;">(3)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>transact such other business as may properly come before the Annual Meeting or any continuation, postponement, or adjournment of the Annual Meeting.</div>
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        <div><br>
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        <div style="text-align: justify; margin-left: 5.95pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">At the Annual Meeting you will have voting rights, based on the number of Exchangeable Shares you hold. You are permitted to
          instruct Computershare Trust Company of Canada, the &#8220;<font style="font-weight: bold;">Trustee</font>&#8221; under a Voting and Exchange Trust Agreement dated August 5, 2022, as to how the Trustee is to vote your Exchangeable Shares at the Annual
          Meeting. If you do not give voting instructions, the Trustee will not be entitled to exercise the voting rights attached to your Exchangeable Shares. Alternatively, you may instruct the Trustee to give you, or a person designated by you, a proxy
          to personally exercise the voting rights attached to your Exchangeable Shares. To instruct the Trustee as to how you wish to exercise your voting rights, you must complete, sign, date and return the enclosed voting instruction card (the &#8220;<font style="font-weight: bold;">Voting Instruction Card</font>&#8221;) to the Trustee by 11:59 p.m. (Eastern Time) on June 3, 2025. The Trustee will not be obligated to act on any instructions received after that time.</div>
        <div><br>
        </div>
        <div style="text-align: justify; margin-left: 5.95pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">You have the right to revoke any instructions that you gave to the Trustee by: (i) giving written notice of revocation to the
          Trustee; or (ii) executing and delivering to the Trustee a later-dated Voting Instruction Card. However, no notice of revocation or later-dated Voting Instruction Card will be effective unless received by the Trustee prior to 11:59 p.m. (Eastern
          Time) on June 3, 2025.</div>
        <div><br>
        </div>
        <div style="text-align: justify; margin-left: 5.95pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Whether or not you plan to attend the Annual Meeting, please sign, date and return the Voting Instruction Card in the envelope
          provided to ensure that your Exchangeable Shares will be represented at the Annual Meeting.</div>
        <div><br>
        </div>
        <div style="text-align: justify; margin-left: 5.95pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;"><u>Notice of Internet Availability of Proxy Materials.</u></div>
        <div><br>
        </div>
        <div style="text-align: justify; text-indent: 0.1pt; margin-left: 5.85pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">In accordance the United States Securities and Exchange Commission rules, D-Wave Quantum is making the proxy
          statement and its annual report to Stockholders for the year ended December 31, 2024 (collectively, the &#8220;<font style="font-weight: bold;">Meeting Materials</font>&#8221;) available to its Stockholders and the holders of the Exchangeable Shares
          electronically via the internet. This means you will not receive a printed copy of the Meeting Materials in the mail unless you specifically request them. Instead, the enclosed Notice of Internet Availability of Proxy Materials (the &#8220;<font style="font-weight: bold;">Internet Notice</font>&#8221;) contains instructions on how to access and review all of the important information contained in the Meeting Materials online. If you would like to receive a printed copy of the Meeting
          Materials, you should follow the instructions for requesting such materials contained in the Internet Notice and Voting Instruction Card.</div>
        <div><br>
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        <div style="text-align: left; margin-left: 5.95pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;"><u>Non-Registered Holders</u></div>
        <div><br>
        </div>
        <div style="text-align: justify; margin-left: 6pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Only registered holders of Exchangeable Shares are permitted to instruct the Trustee as to how to vote their Exchangeable Shares at
          the Annual Meeting or to attend and vote at the Annual Meeting in person or by proxy, as described above. You may be a beneficial owner of Exchangeable Shares (a &#8220;<font style="font-weight: bold;">Non-Registered Holder</font>&#8221;) if your
          Exchangeable Shares are registered either:</div>
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        </div>
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              <td style="width: 36.05pt; vertical-align: top;">(i)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>in the name of an intermediary (an &#8220;<font style="font-weight: bold;">Intermediary</font>&#8221;) with whom you deal in respect of the Exchangeable Shares, including banks, trust companies, securities dealers or brokers and trustees or
                  administrators of trusts; or</div>
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              <td style="width: 42pt;"></td>
              <td style="width: 36pt; vertical-align: top;">(ii)</td>
              <td style="width: auto; vertical-align: top;">
                <div>in the name of a clearing agency of which the Intermediary is a participant.</div>
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        <div style="text-align: justify; margin-left: 6pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">D-Wave Quantum distributed copies of the Meeting Materials to Intermediaries who are required to forward these Meeting Materials to
          Non-Registered Holders unless a Non-Registered Holder has waived the right to receive them. If you are a Non-Registered Holder who has not waived the right to receive the Meeting Materials, your Intermediary will provide you with either:</div>
        <div><br>
        </div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z208cfaf4f38042c399f99b5912534ee9" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 41.95pt;"></td>
              <td style="width: 36pt; vertical-align: top;">(i)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>a voting instruction form, which is uncompleted other than being signed by the Intermediary (typically by a facsimile, stamped signature) and specifying the number of Exchangeable Shares that you beneficially own. This voting
                  instruction form need not be signed by you. In this case, if you wish to direct the Trustee to vote the Exchangeable Shares held by you or attend and vote directly at the Annual Meeting (or have another person attend and vote on your
                  behalf) you must properly complete the voting instruction form and deposit it with the Trustee prior to 11:59 p.m. (Eastern Time) on June 3, 2025; or</div>
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        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z55506275bfa647a0b96d96d0c9976b2b" cellpadding="0" cellspacing="0">

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              <td style="width: 36pt; vertical-align: top;">(ii)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>a voting instruction form, which you must complete and sign in accordance with the directions on the voting instruction form.</div>
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        <div><br>
        </div>
        <div style="text-align: justify; margin-left: 5.95pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The voting instruction forms described above are not the same as the enclosed Voting Instruction Card. If you are a Non-Registered
          Holder, and you wish to exercise your voting rights, you must complete the voting instruction form sent to you by your Intermediary.</div>
        <div><br>
        </div>
        <div style="text-align: justify; margin-left: 5.95pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The purpose of these procedures is to permit you, as a Non-Registered Holder, to direct the Trustee to vote the Exchangeable
          Shares that you beneficially own or to attend and vote at the Annual Meeting, in person or by proxy. A Non-Registered Holder may revoke a voting instruction form given to an Intermediary by providing written notice to the Intermediary in a
          reasonable time period prior to the Annual Meeting. All revocations of voting instructions must be received by the Trustee no later than 11:59 p.m. (Eastern Time) on June 3, 2025. Non-Registered Holders should carefully follow the instructions of
          their Intermediaries and their service companies and contact their Intermediaries promptly if they need assistance.</div>
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