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
Location
Finland
Transaction Type
Growth capital

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.