D-Wave Systems Quantum Computers Publicly Trading | NextBigFuture.com

D-Wave Systems was trying to raise about $300 million from a SPAC. D-Wave was hoping the completion of the merger with DPCM Capital would grant it access to a trust account worth $300 million, assuming that there were no redemptions by shareholders, but the company disclosed in a recent filing with US regulators that the SPAC’s shareholders had in fact exercised those rights and redeemed $291 million worth of shares.