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Important Alert for D-Wave Quantum Investors

In a significant update for investors in D-Wave Quantum Inc. (NYSE: QBTS), prominent law firm Levi & Korsinsky, LLP has issued a reminder about an impending securities class action deadline. The class action is centered on potential misrepresentations made by the company during a certain period concerning its business performance and financial outlook. The deadline to apply for lead plaintiff status is set for December 15, 2026.

Understanding the Allegations

The class action lawsuit covers a specific timeframe from February 26, 2026, to August 25, 2026. During this period, D-Wave reportedly made statements suggesting their 2025 performance was notably strong, describing it as one of the most transformative years in the company's history. They touted more than $30 million in bookings in January 2026 alone, leading to a strong narrative about 2026 as a critical year for the company.

However, these assertions have come under scrutiny after the company failed to meet revenue expectations for the second quarter of 2026. The reported revenue of approximately $3.08 million fell significantly short of the anticipated figures, leading to a sharp decline in the company’s stock price. Following the disappointing results, D-Wave's shares fell by 9.28%, with an additional drop of 9.51% following the announcement of the resignation of the chief financial officer, raising further concerns among investors.

The Financial Fallout

The lawsuit claims that D-Wave's management did not adequately disclose that overstating their growth and performance was likely to impact the company’s reputation and financial standing adversely. This lack of transparency is a focal point of the allegations, as investors entered the market based on an inflated sense of the company's momentum and potential. The ramifications of such misstatements could lead to devastating consequences for shareholders.

Joseph E. Levi, Esq., representative from Levi & Korsinsky, emphasized the need for transparency, stating, "Investors deserve clarity regarding major risks that could influence their investments. The claims allege that shareholders were misled about the strong momentum D-Wave was purportedly entering 2026 with, without proper disclosure of the risks involved."

Next Steps for Investors

Investors who believe they may have suffered losses due to the alleged misrepresentations should review their brokerage records for purchase dates, quantities, and prices paid. This documentation is essential for assessing eligibility to participate in the class action.

Even if an investor has already sold their shares, they might still be eligible to recover losses if they purchased during the designated class period. Importantly, participation in the class action does not require individuals to appear in court; most individuals will only need to submit a claim form if a settlement is reached.

Timely Action Required

As the deadline approaches, it’s crucial for affected investors to act promptly to secure their rights. The court has designated December 15, 2026, as the cutoff date for filing claims. For further details or to understand potential eligibility, investors are encouraged to contact Joseph E. Levi at Levi & Korsinsky, LLP via email or phone.

About Levi & Korsinsky, LLP

With two decades of experience, Levi & Korsinsky has successfully recovered hundreds of millions for investors. Known for their in-depth expertise in complex securities litigation, they continue to maintain a strong presence in the legal arena. Investors facing financial losses should consider reaching out to leverage the firm's expertise.

By staying informed and proactive, investors can navigate the complexities of class action suits and work towards potentially recovering their losses in the wake of these troubling allegations surrounding D-Wave Quantum Inc.