Real Asset Acquisition Corp.

Real Asset Acquisition Corp. (RAAQ) announced that IQM Quantum Computers appointed Dr. Craig Ciesla as Chief Technology Officer and Dr. Inés de Vega as Chief Scientist. These appointments strengthen IQM's leadership as it prepares for its planned Nasdaq listing through a merger with RAAQ. The business combination agreement was signed on February 22, 2026, and the Registration Statement was declared effective on June 5, 2026, with IQM having sold 23 quantum computers and secured an upsized $146 million PIPE.

Real Asset Acquisition Corp. (RAAQ) announced that IQM Quantum Computers has made its Capital Markets Day presentation available. The presentation details IQM's strategy, technology, and commercial progress, highlighting its position as a leader in quantum computing with 23 quantum computers sold. The ongoing business combination between IQM and RAAQ is expected to lead to IQM becoming a publicly traded company, with plans to list on the Nasdaq Global Market under the ticker "IQMX".

Real Asset Acquisition Corp. announced that IQM Quantum Computers appointed Barbara Venneman to its Board of Directors. Ms. Venneman, former Global Head of Deloitte Digital, brings over 30 years of experience in digital transformation, AI, and enterprise technology, which will be crucial as IQM prepares for its planned Nasdaq listing. Additionally, IQM CEO Jan Goetz will replace Co-founder Juha Vartiainen as the Founder representative on the Board. The Registration Statement for the business combination between RAAQ and IQM was declared effective on June 5, 2026, and RAAQ has mailed the definitive proxy statement/prospectus to its shareholders.

Real Asset Acquisition Corp. (RAAQ) and IQM Finland Oy announced that the SEC has declared effective their Registration Statement on Form F-4 for a proposed business combination, which will result in IQM becoming a publicly traded company. The Extraordinary General Meeting for RAAQ shareholders to vote on the transaction is scheduled for June 25, 2026. IQM reported EUR 31 million in revenue for 2025 and intends to list on the Nasdaq Global Exchange under the ticker "IQMX".

Real Asset Acquisition Corp. (RAAQ) and IQM announced an upsized PIPE financing of over $146 million for their business combination. The increase was driven by a new commitment of $12 million from Ilmarinen, Finland's largest private earnings-related pension insurance company. The transaction values IQM at a pre-money equity valuation of approximately $1.8 billion, with IQM reporting 2025 revenue of EUR 31 million ($36 million). IQM intends to list on Nasdaq and the Helsinki stock exchange.

Real Asset Acquisition Corp. reported a net income of $1.22 million for the three months ended March 31, 2026, a significant improvement from a net loss of $52,849 in the prior year, primarily driven by earnings on marketable securities in its Trust Account. The company also provided an update on its business combination agreement with IQM Finland Oy, announced on February 22, 2026, which is expected to close in the third quarter of 2026. The company noted substantial doubt about its ability to continue as a going concern if the business combination is not completed by January 30, 2027.

Real Asset Acquisition Corp. (RAAQ) and IQM Finland Oy announced the public filing of a Form F-4 registration statement with the SEC in connection with their proposed business combination. This filing is a significant milestone towards IQM becoming a publicly traded company, with a pre-money equity valuation of approximately $1.8 billion. The transaction is expected to provide IQM with a cash position of up to EUR 397 million ($465 million) and follows IQM's 2025 revenue of $36 million.

Real Asset Acquisition Corp. (RAAQ) and IQM Finland Oy announced on April 7, 2026, the confidential submission of a draft registration statement on Form F-4 to the SEC. This filing is a crucial procedural step towards the completion of their previously announced business combination. The transaction, initially disclosed on February 22, 2026, aims to bring IQM, a Finnish limited liability company, to the public markets through a merger with RAAQ. This development signals progress in the de-SPAC process, moving closer to the finalization of the merger.