IQM to Go Public in New York with $1.8 Billion Valuation via SPAC Merger
Finland's IQM plans to become one of Europe's first publicly listed quantum companies by merging with SPAC Real Asset Acquisition Corp., valuing the company at $1.8 billion. The transaction is expected to complete by June 2026, pending shareholder and regulatory approvals. IQM, which raised $320 million in a Series B funding round in September 2025, aims to build quantum computers to compete with major players like Google and IBM.
Theia Market Signal Identification - AI Assisted
IQM, a Finland-based quantum computing startup, intends to merge with Real Asset Acquisition Corp. (RAAQ) to become publicly listed in New York, achieving a valuation of $1.8 billion. The merger is subject to shareholder approval and regulatory conditions, with completion anticipated around June 2026.
Additionally, IQM is exploring a dual listing on the Helsinki stock exchange. Founded in 2018, IQM secured $320 million in a Series B funding round in September 2025. The merger could provide over $300 million in funding, contingent on investor participation.
Comments