IQM Quantum Computers to Go Public via Merger with Real Asset Acquisition Corp
February 23, 2026
IQM Finland Oy, a full-stack superconducting quantum computing company, entered into a definitive business combination agreement to merge with Real Asset Acquisition Corp. (RAAQ), a Nasdaq-listed SPAC, to become a publicly listed European quantum company. The transaction is expected to provide IQM with more than USD 450 million in cash at closing (including cash in RAAQ’s trust, PIPE proceeds, warrant exercise proceeds, and IQM’s existing cash).
- Buyers
- Real Asset Acquisition Corp.
- Targets
- IQM Finland Oy
- Industry
- AI & Machine Learning
- Location
- Finland
- Transaction Type
- Growth capital
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