Why Quantum Computing Companies Are Using SPACs to IPO

…D-Wave completed a planned merger… with DPCM Capital (the latter of which was already listed on the New York Stock Exchange), making the Canada-based firm the third quantum player to go public via a SPAC—that is, a special purpose acquisition company—within the last year…

…It’s an interesting trend, but perhaps not a surprising one: According to D-Wave CEO Alan Baratz, the until-recently-obscure financial quirk offers his company—one that’s in a still-budding sector—faster access to capital…

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