Quantum systems maker D-Wave takes the SPAC route
Company had hoped deal would grant access to $300m trust account, but shareholders cleared it out
HPC09 Aug 2022 | 6
SPAC
A SPAC, or “special purpose acquisition company,” is a corporate entity listed on a stock market that buys a private business as a way of taking it public more quickly than the traditional IPO route.
SPAC sponsors could soon be held liable for over-hyping to investors
US watchdog may do something about so-called blank-check IPO capers
Legal30 Mar 2022 | 9
D-Wave to go public after $1.2 billion merger deal with SPAC
Quantum computing biz takes the easy route to IPO and future capital
HPC08 Feb 2022 | 14
Biting the hand that feeds IT
