Deadline Alert: D-Wave Quantum, Inc. Shareholders Have Until December 15, 2026 to Seek Lead Plaintiff Appointment in Securities Fraud Lawsuit, The Law Offices of Frank R. Cruz Notes

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The deadline for D-Wave Quantum, Inc. (“D-Wave” or the “Company”) (NASDAQ: QBTS) investors to seek appointment as lead plaintiff in a securities class action lawsuit is December 15, 2026. The lawsuit was filed on behalf of investors who purchased or otherwise acquired D-Wave Quantum, Inc. securities from February 26, 2026 to August 25, 2026, inclusive. The Law Offices of Frank R. Cruz today reminded investors of the deadline in the case, Fessler v. D-Wave Quantum, Inc. et al., filed on October 15, 2026 in the U.S. District Court California Northern District (Case No. 3:26-cv-11953).

If you lost money on D-Wave Quantum, Inc. securities, submit your D-Wave Quantum, Inc. loss information before the December 15, 2026 deadline to learn about your potential claims under the federal securities laws.

D-Wave Quantum, Inc. deadline and case dates

Lead plaintiff motion deadline: December 15, 2026
Class period: February 26, 2026 to August 25, 2026, inclusive
Filed: October 15, 2026
Court: U.S. District Court California Northern District

What happened?

On August 6, 2026, D-Wave reported its second quarter of 2026 financial results. Among other things, D-Wave issues revenue of only $3.08 million, compared to $3.1 million for the same period in 2025.

On this news, D-Wave’s stock price fell $1.98 per share, or 9.28%, to close at $19.41 per share on August 6, 2026, thereby injuring investors.

Then, on August 25, 2026, D-Wave issued a press release “announc[ing] that John Markovich is retiring and thus resigning from his position as Chief Financial Officer effective September 2, 2026.”

On this news, D-Waves stock price fell $1.84 per share, or 9.51%, to close at $17.51 per share on August 26, 2026, thereby further injuring investors.

What is the D-Wave Quantum, Inc. lawsuit about?

The D-Wave Quantum, Inc. class action alleges that, throughout the class period, defendants made materially false and/or misleading statements and failed to disclose material adverse facts about D-Wave Quantum, Inc.’s business, operations, and prospects. Specifically, the complaint alleges defendants failed to disclose to investors that: (1) Defendants materially overstated D-Wave’s business and financial prospects; (2) the foregoing was reasonably likely to negatively impact the Company’s business and reputation; and (3) as a result, defendants’ positive statements about D-Wave Quantum, Inc.’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Investors who purchased or otherwise acquired D-Wave Quantum, Inc. securities during the class period may ask the Court, no later than December 15, 2026, to appoint them lead plaintiff in this putative class action lawsuit.

“According to the complaint filed against D-Wave Quantum, Inc., the Company, among other things, did not disclose that Defendants materially overstated D-Wave’s business and financial prospects. With the December 15, 2026 deadline drawing near, investors who want a voice in how this case is led should reach out now,” said Frank R. Cruz of The Law Offices of Frank R. Cruz.

What should D-Wave Quantum, Inc. investors do now?

The Law Offices of Frank R. Cruz can help D-Wave Quantum, Inc. investors evaluate potential claims to recover their losses. Investors who want to serve as lead plaintiff must file a motion with the Court by December 15, 2026. For more information, visit the D-Wave Quantum, Inc. case page, email info@frankcruzlaw.com, or call 310-914-5007.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

D-Wave Quantum, Inc. investors need not take any action at this time to be class members. Investors may retain counsel of their choice or take no action and remain absent class members. No class has been certified yet in the D-Wave Quantum, Inc. case.

Questions and answers about the D-Wave Quantum, Inc. deadline

Who is eligible? Investors who bought D-Wave Quantum, Inc. securities between February 26, 2026 and August 25, 2026 and lost money may be class members in the D-Wave Quantum, Inc. securities lawsuit.

When are lead plaintiff motions due in the D-Wave Quantum, Inc. case? Lead plaintiff motions in the D-Wave Quantum, Inc. class action are due in the U.S. District Court California Northern District by December 15, 2026.

What happens after the D-Wave Quantum, Inc. deadline passes? After December 15, 2026, investors generally can no longer seek lead plaintiff appointment, but D-Wave Quantum, Inc. investors may still remain class members.

How are attorneys’ fees handled? The Law Offices of Frank R. Cruz works on contingency, so D-Wave Quantum, Inc. investors pay no attorneys’ fees up front. Any attorneys’ fees and litigation expenses come only from a recovery, if there is one, and require court approval.

About The Law Offices of Frank R. Cruz

The Law Offices of Frank R. Cruz investigates and prosecutes securities fraud and corporate malfeasance class actions. With nearly 20 years of litigation experience, the firm focuses on complex securities class actions and gives each client personal, one-on-one attention throughout the legal process.

Prior results do not guarantee a similar outcome.

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