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Founded Year

2020

Stage

IPO | Merged

Valuation

$0000 

About DPCM Capital

DPCM Capital (NYSE: XPOA.U) is a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities.

DPCM Capital Headquarter Location

382 NE 191 Street

Miami, Florida, 33179,

United States

305-857-5086

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Latest DPCM Capital News

D-Wave and DPCM Complete Their Business Combination

Aug 6, 2022

D-Wave and DPCM Complete Their Business Combination D-Wave and DPCM Complete Their Business Combination The companies announced that their SPAC merger has been approved and that D-Wave will become a public company and will be listed on the New York Stock Exchange (NYSE) under the ticker symbols “QBTS” for the common stock and “QBTS WS” for the warrants. Members of the company’s management will ring the opening bell of the NYSE when trading starts on Monday, August 8. The transaction was first announced in February of this year and a shareholder vote to approve it occurred earlier this week. Shareholders of DPCM Capital’s Class A Common Stock had the right to redeem their shares for pro rata portion of the funds in the company’s trust account. The shareholders elected to redeem about 29 million of these shares out of the 37.5 million total requiring a total payment of $291 million for the redemptions. So those funds will not be available to D-Wave for working capital. Additional information about the completion of this business combination is available in a press release that can be seen here and also the Form 8-K the companies have filed with the Securities and Exchange Commission (SEC) here . August 5, 2022

  • When was DPCM Capital founded?

    DPCM Capital was founded in 2020.

  • Where is DPCM Capital's headquarters?

    DPCM Capital's headquarters is located at 382 NE 191 Street, Miami.

  • What is DPCM Capital's latest funding round?

    DPCM Capital's latest funding round is IPO.

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