D-Wave Quantum (NYSE:QBTS) Files For US$400 Million Follow-On Equity Offering

By Yahoo! Finance   |   3 weeks ago
D-Wave Quantum (NYSE:QBTS) Files For US$400 Million Follow-On Equity Offering

D-Wave Quantum recently announced a $400 million equity offering and the release of its Advantage2 quantum computing system, leading to a 49% share price increase. Despite positive growth projections, the company remains unprofitable and faces market skepticism regarding its valuation.

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