United States securities and exchange commission logo
December 7, 2023
John Markovich
Chief Financial Officer
D-Wave Quantum Inc.
3033 Beta Avenue
Burnaby, British Columbia V5G 4M9
Canada
Re: D-Wave Quantum Inc.
Form 10-Q for the
Quarterly Period Ended September 30, 2023
Filed November 9,
2023
File No. 001-41468
Dear John Markovich:
We have limited our review of your filing to the financial
statements and related
disclosures and have the following comment.
Please respond to this letter within ten business days by
providing the requested
information or advise us as soon as possible when you will respond. If
you do not believe a
comment applies to your facts and circumstances, please tell us why in
your response.
After reviewing your
response to this letter, we may have additional comments.
Form 10-Q for the quarterly period ended September 30, 2023
Financial Statements
Condensed Consolidated Balance Sheets, page 5
1. We note on page 13 that
PSPIB Unitas Investments II Inc. is a related party to the
Company's largest
shareholder. Identify on the face of your balance sheet, income
statement, and
statement of cash flows the amounts of all related party transactions and
balances pursuant to
Rule 4-08(k) of Regulation S-X.
In closing, we remind you that the company and its management are
responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review,
comments, action or
absence of action by the staff.
John Markovich
D-Wave Quantum Inc.
December 7, 2023
Page 2
Please contact Anastasia Kaluzienski at 202-551-3685 or Robert Littlepage
at 202-551-
3361 with any questions.
FirstName LastNameJohn Markovich Sincerely,
Comapany NameD-Wave Quantum Inc.
Division of
Corporation Finance
December 7, 2023 Page 2 Office of Technology
FirstName LastName