Lost Money on D-Wave Quantum, Inc. Shares? The Law Offices of Frank R. Cruz Investigates Potential Securities Fraud After 9.51% Stock Decline

Investigation centers on the August 25, 2026 news about D-Wave Quantum, Inc.; investors with losses may have potential claims to recover them

LOS ANGELES--(BUSINESS WIRE)--D-Wave Quantum, Inc. ("D-Wave" or the "Company") investors who lost money may have claims to recover their losses. The Law Offices of Frank R. Cruz today announced it is investigating potential securities fraud claims on behalf of investors in D-Wave Quantum, Inc. (NASDAQ: QBTS), examining whether the Company may have violated the federal securities laws. The investigation centers on the disclosure about D-Wave Quantum, Inc. on August 25, 2026.

If you lost money on D-Wave Quantum, Inc. securities, share your D-Wave Quantum, Inc. loss information with the firm to learn about potentially pursuing a claim to recover your losses.

D-Wave Quantum, Inc. investigation at a glance

• Date of disclosure: August 25, 2026
• Share price decline: $1.84 per share, or 9.51%
• Closing price: $17.51 on August 26, 2026

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

"D-Wave Quantum, Inc. shares dropped 9.51% after it was disclosed on August 25, 2026 that D-Wave reported second-quarter 2026 revenue of only $3.08 million, compared to $3.1 million for the same period in 2025. Our investigation will look at whether investors had complete and accurate information before that disclosure," 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 is investigating potential claims on behalf of D-Wave Quantum, Inc. investors. Investors who lost money can visit the D-Wave Quantum, Inc. investigation page, email [e-mail], or call 310-914-5007.

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

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

Who is eligible? Investors who purchased D-Wave Quantum, Inc. securities and suffered losses may have claims, and can contact the firm to find out whether the D-Wave Quantum, Inc. investigation affects them.

What does a securities fraud investigation involve? In the D-Wave Quantum, Inc. investigation, The Law Offices of Frank R. Cruz is examining whether the Company or its executives may have made false or misleading statements to investors in violation of the federal securities laws.

Is there a lawsuit? This release announces an investigation by The Law Offices of Frank R. Cruz, not a lawsuit. If a securities class action is later filed against D-Wave Quantum, Inc., investors may be able to seek appointment as lead plaintiff.

How are attorneys' fees handled? The Law Offices of Frank R. Cruz works on contingency, so investors pay no attorneys' fees unless there is a recovery, and any fees require court approval.

Information for whistleblowers

Anyone with non-public information about D-Wave Quantum, Inc. should consider their options to assist the investigation or participate in the SEC Whistleblower Program. The program allows whistleblowers who provide original information leading to a successful SEC enforcement action to receive awards of 10 to 30 percent of the sanctions collected, when those sanctions exceed $1 million. For more information, contact Frank R. Cruz at 310-914-5007 or email [e-mail].

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.

Related links

• D-Wave Quantum, Inc. investigation page, The Law Offices of Frank R. Cruz
• D-Wave Press Release
• D-Wave Quantum, Inc. SEC filings index, EDGAR
• SEC Whistleblower Program
• The Law Offices of Frank R. Cruz

Follow The Law Offices of Frank R. Cruz for updates on Twitter: twitter.com/FRC_LAW

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