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SPAC · Merger completed

Real Asset Acquisition Corp.

Business combination with IQM Quantum Computers Oyj

Real Asset Acquisition Corp. is a blank-check company (SPAC) that raised $150M in its initial public offering on Apr 30, 2025, listing on Nasdaq Global Market. It completed its business combination with IQM Quantum Computers Oyj on Jul 1, 2026; the combined company is IQM Quantum Computers Oyj (IQMX). Cohen & Company Capital Markets led the IPO, with J.V.B. Financial. Perkins Coie advised the SPAC and Ropes & Gray advised the underwriters on the IPO.

IQM Quantum Computers Oyj, through IQM Finland Oy, builds superconducting quantum computers. It provides both on-premises full-stack quantum computers and a cloud platform for accessing its systems.

Status
Merger completed
IPO date
Apr 30, 2025
IPO size
$150M
IPO exchange
Nasdaq Global Market
Target
IQM Quantum Computers Oyj (f/k/a IQM Finland Oy)
Announced
Feb 23, 2026
Closed
Jul 1, 2026
Combined company
IQM Quantum Computers Oyj (IQMX)
IPO underwriters
Cohen & Company Capital Markets and J.V.B. Financial
SPAC counsel (IPO)
Perkins Coie and Conyers Dill & Pearman
Underwriters' counsel (IPO)
Ropes & Gray

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