Craig Ellis

David Williams

Harsh Kumar

Quinn Bolton

Sujeeva De Silva

Richard Shannon

Kevin Garrigan

Kingsley Crane

Mayur Sontakke

Robert Aguanno

Ruben Roy

Suji Desilva

Troy Jensen

Tyler Anderson

Tyler Perry Anderson

- D-Wave Quantum Inc. (QBTS) announced the redemption of all its outstanding public warrants at a price of **$0.01 per Warrant**, effective **November 19, 2025**.  **[1907982_0001907982-25-000234_exh_991d-waveannouncesrede.htm:0]** **[1907982_0001907982-25-000234_exh_992noticeofredemption.htm:0]** **[1907982_0001907982-25-000234_qbts-20251020.htm:1]** 
- Warrant holders have until **November 19, 2025**, at 5 p.m. New York City Time to exercise their warrants; otherwise, they will become void, with holders only receiving the redemption price.  **[1907982_0001907982-25-000234_exh_991d-waveannouncesrede.htm:0]** **[1907982_0001907982-25-000234_exh_992noticeofredemption.htm:0]** **[1907982_0001907982-25-000234_exh_992noticeofredemption.htm:1]** **[1907982_0001907982-25-000234_qbts-20251020.htm:1]** 
- As of **October 17, 2025**, approximately **5 million Warrants** were outstanding, and their full exercise would result in the issuance of approximately **7.2 million shares** of common stock, leading to less than **2.1% dilution** to existing shareholders.  **[1907982_0001907982-25-000234_exh_991d-waveannouncesrede.htm:0]** **[1907982_0001907982-25-000234_qbts-20251020.htm:1]** 
- The last day for the warrants to be traded on the New York Stock Exchange is expected to be **November 17, 2025**.  **[1907982_0001907982-25-000234_exh_991d-waveannouncesrede.htm:0]** **[1907982_0001907982-25-000234_exh_992noticeofredemption.htm:0]** **[1907982_0001907982-25-000234_qbts-20251020.htm:1]**

D-Wave Quantum Inc. Announces Redemption of Public Warrants

D-Wave Quantum (QBTS)