IQM to Go Public in New York with $1.8 Billion Valuation via SPAC Merger
QUANTUM COMPUTING
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.
Feb 23, 2026, 4:58 PM
