Real Asset Acquisition, IQM upsizes PIPE to USD 146 million with Ilmarinen commitment
Real Asset Acquisition Corporation Class A
Real Asset Acquisition Corporation Class A RAAQ | 0.00 |
- IQM Quantum Computers agreed to merge with Real Asset Acquisition Corp., adding an upsized USD 146 million PIPE led by new investor Ilmarinen.
- Total PIPE commitments rose from USD 134 million, boosting expected funding to accelerate IQM’s technology and commercial development toward fault-tolerant quantum computing.
- The deal values IQM at about USD 1.8 billion pre-money.
- Cash available at closing is expected to be up to EUR 406 million.
- IQM reported 2025 revenue of EUR 31 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Real Asset Acquisition Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 202606021017BIZWIRE_USPR_____20260602_BW993879) on June 02, 2026, and is solely responsible for the information contained therein.
