Company had hoped deal would grant access to $300m trust account, but shareholders cleared it out
Quantum computing pioneer D-Wave Systems has completed its planned merger with DPCM Capital, taking the company public on the New York Stock Exchange.with DPCM Capital, a SPAC or special purpose acquisition company, earlier this year in a deal that would make it a publicly quoted business. It was claimed at the time that the agreement would value the company at $1.2 billion.
The move was welcomed by Alan Baratz, CEO of the newly merged entity, who said the business combination would position the company to accelerate its growth strategy, using capital raised through the merger along with its newly gained access to the public money markets.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
circuit-level biomarker of Rett syndrome based on ectopic phase-amplitude coupling during slow-wave-sleepAbstract. Rett syndrome (RTT) is a neurodevelopmental disorder characterized by loss of purposeful hand use and spoken language following an initial period of n
Read more »
FIRST ALERT: Heat Wave Rolls On in Southern New EnglandHeat and humidity continue to take over New England. Heat advisories have been extended to tomorrow night and stretch from Connecticut out to coastal Maine, with the heat index rising to the triple digits both today and tomorrow. Our chance for storms continues this afternoon. We’ve seen downpours moving from west to east, but limited across southern New England so…
Read more »
Kylie Jenner and Travis Scott rock matching biker looks on edgy date nightKylie Jenner and Travis Scott headed out for a meal in London last night and stunned in matching biker outfits
Read more »
Spintronics, 2D Materials, and the Future of QuantumTwo-dimensional (2D) materials have been drawing tremendous attention in spintronics because of their distinctive spin-dependent properties.
Read more »
Arsenal confirm Torreira departure; former striker 'expects' two to follow him out the doorKevin Campbell has tipped two Arsenal players to follow Lucas Torreira out the door after the Uruguayan joined Galatasaray. AFC
Read more »
A Man for All Seasons: Exhibition to honour Bishop Edward DalyEdward Daly waving a bloodied handkerchief on Bloody Sunday became a defining image of the Troubles.
Read more »