MergerJul 1, 2026, 04:07 PM
IQM Quantum Computers completes merger, begins Nasdaq trading
AI Summary
IQM Quantum Computers Oyj has completed its business combination with Real Asset Acquisition Corp. and a concurrent private placement, raising approximately EUR 198.7 million in total net proceeds. The company's ADSs and warrants are set to begin trading on Nasdaq on July 2, 2026, under the symbols "IQMX" and "IQMX WS" respectively. Additionally, Nasdaq Helsinki approved the company's listing prospectus, with ordinary shares expected to commence trading on July 3, 2026, and Juho Sarvikas and Jeff Tuder were appointed to the Board of Directors.
Key Highlights
- Completed business combination with Real Asset Acquisition Corp.
- ADSs (IQMX) and IQM Warrants (IQMX WS) to begin trading on Nasdaq on July 2, 2026.
- Concurrent PIPE Investment raised EUR 127.7 million ($145.5 million).
- Total net proceeds from Business Combination and PIPE reached EUR 198.7 million ($233.5 million).
- Nasdaq Helsinki approved listing prospectus; ordinary shares to trade on July 3, 2026.
- Juho Sarvikas and Jeff Tuder appointed to the Board of Directors.
Price Impact