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D-Wave Systems Inc. and DPCM Capital, Inc. Announce Effectiveness of Registration Statement

D-Wave Systems Inc., a leader in quantum computing systems, software, and services (“D-Wave”), and DPCM Capital, Inc., announced that the registration statement on Form S-4 filed by D-Wave Quantum Inc., a newly formed company that will be the parent company of D-Wave and DPCM Capital, (the “Registration Statement”) related to the previously announced proposed business combination between D-Wave and DPCM Capital (the “Business Combination”) has been declared effective by the U.S. Securities and Exchange Commission (“SEC”).

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The declaration of effectiveness of the Registration Statement by the SEC, and the related filing and mailing of the definitive proxy statement (the “Proxy Statement”) by DPCM Capital, is an important step in D-Wave becoming a publicly-traded company listed on the New York Stock Exchange (the “NYSE”) under the new ticker symbols “QBTS” and “QBTS.WS” shortly after the closing of the Business Combination.

DPCM Capital will hold a special meeting of stockholders (the “Special Meeting”) at 10:00 a.m. EDT on August 2, 2022, to approve, among other things, the Business Combination with D-Wave. DPCM Capital stockholders of record at the close of business on June 10, 2022, will be entitled to receive notice of, and to vote at, the Special Meeting. Closing is anticipated for shortly after the Special Meeting, subject to the satisfaction or waiver, as applicable, of all other closing conditions.

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The Proxy Statement and the Registration Statement can be found on DPCM Capital’s page and D-Wave Quantum’s page, respectively, on the SEC’s EDGAR website at www.sec.gov.

DPCM Capital recommends all stockholders vote “FOR” ALL PROPOSALS in advance of the Special Meeting by telephone, via the Internet or by signing, dating and returning the proxy card upon receipt by following the instructions on the proxy card.

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