Pasqal Holding (NASDAQ:PSQL) shares are trading lower during Monday’s premarket session. Last week, the company began trading on Nasdaq on August 28, 2026, under the tickers PSQL and PSQLW, respectively,

This follows the completion of their previously announced business combination with Bleichroeder Acquisition Corp. II.

The companies’ shareholders approved the transaction and related proposals on August 25, 2026.

Pasqal De-SPAC Deal Completion Puts PSQL In Price Discovery

The transaction gives Pasqal approximately $360 million in cash at closing, providing a stronger capital base to accelerate global quantum computing deployments, support innovation and expand commercial adoption.