D-Wave Quantum Inc. Common Shares (NYSE: QBTS)
45 Days left to seek lead plaintiff status.
The complaint alleges that the Defendants materially misled the investing public, thereby inflating the price of D-Wave’s securities, by publicly issuing false and misleading statements and omitting to disclose material facts necessary to make their statements not false and misleading, including that: (a) D-Wave’s Bookings had declined in 2025; (b) D-Wave’s purported record 2026 Bookings did not reflect new or expanding commercial adoption, because they consisted predominantly of two contracts signed before the Class Period and, upon information and belief, no comparable new contracts were being secured; (c) upon information and belief, D-Wave was not on track to convert its system-sales pipeline into new Bookings; (d) upon information and belief, the delivery of D-Wave’s systems, and the associated revenue, was slipping to the fourth quarter of 2026 and into 2027; and (e) as a result, Defendants’ positive statements about D-Wave’s business, operations, and prospects lacked a reasonable basis.