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