On November 21, 2025, D-Wave Quantum Inc. announced the redemption of all outstanding public warrants, which resulted in approximately 6.9 million shares being exercised for about $54.6 million in cash proceeds and the immediate delisting of the warrants. This redemption took effect on November 19, 2025, when 270,820 warrants remained unexercised and were redeemed for a total of $2,708.20.