Insider Brief
IQM Quantum Computers has completed its business combination with Real Asset Acquisition Corp. (RAAQ), becoming a publicly traded company on the Nasdaq.
Trading of IQM’s American Depositary Shares (ADSs) under the ticker IQMX and IQM Warrants under IQMX WS will begin on July 2, 2026.
The transaction, including a concurrent PIPE investment, provides IQM with approximately €198.7 million (US$233.5 million) in net proceeds to support the commercialization and global expansion of its quantum computing business.
Press release – IQM Quantum Computers Plc (“IQM”) has on February 22, 2026 entered into a definitive business combination agreement (the “Business Combination Agreement”) with Real Asset Acquisition Corp. (“RAAQ”), a Nasdaq-listed special purpose acquisition company, pursuant to which RAAQ would merge with and into IQM US LLC, an indirect wholly-owned subsidiary of IQM (the “Merger Sub”), with Merger Sub surviving the merger as an indirect wholly-owned subsidiary of IQM (the “Business Combination”). On June 25, 2026, the extraordinary general meeting of RAAQ was held, at which the RAAQ shareholders approved the Business Combination and the merger by the requisite votes. Since the conditions precedent of the Business Combination have been met, IQM and RAAQ have today completed the Business Combination and the merger has become effective, thereby consummating the Business Combination Agreement.
