.webp&w=3840&q=75)
IQM Quantum Computers completes business combination with RAAQ
- IQM Quantum Computers (NASDAQ:IQMX) completed its business combination with Real Asset Acquisition Corp on July 1, 2026.
- IQM issued 14,381,747 shares to RAAQ shareholders and 14,548,000 shares in a PIPE at $10.00 per share.
- Total net proceeds from the transaction and PIPE were approximately EUR 198.7 million, with ADS trading on Nasdaq starting July 2, 2026.
IQM Quantum Computers completed its business combination with Real Asset Acquisition Corp, with the merger becoming effective on July 1, 2026.
IQM issued 14,381,747 shares to RAAQ shareholders via ADSs, each ADS representing one IQM share.
IQM also issued 14,548,000 shares in a PIPE at USD 10.00 per share, raising EUR 127.7 million.
Total net proceeds from the business combination and PIPE were about EUR 198.7 million.
ADS trading under ticker IQMX and IQM Warrants (IQMX WS) on Nasdaq starts July 2, 2026.
IQM Quantum Computers is focused on building scalable, high-performance quantum computers for industrial and research applications.
The company continues to advance its quantum computing technology platform through the public listing and capital raised in the transaction.