MilestoneIndustryConfirmed
IQM lists on Nasdaq after merging with a blank-check company
Jul 2, 2026
Finnish superconducting quantum computer maker IQM completed its merger with the blank-check company Real Asset Acquisition Corp. on July 1, 2026, and its shares began trading on Nasdaq on July 2 under the ticker IQMX. The Quantum Insider reports net proceeds of about $233.5 million.
Why it matters
The listing gave IQM, one of Europe's main quantum computer makers, access to public capital to build and sell more of the on-site machines it supplies to customers.
Sources (3)
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IQM Quantum Computers
IQM Quantum Computers and Real Asset Acquisition Corp. complete the combination; trading in IQM's ADSs and IQM Warrants on Nasdaq Stock Market LLC commences on July 2, 2026
“Trading in ADSs will commence on the Global Select Market of the Nasdaq Stock Market LLC (“Nasdaq”) on July 2, 2026 under the trading symbol “IQMX”.”
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The Quantum Insider
IQM Completes Business Combination with RAAQ and Lists on Nasdaq
“The transaction, including a concurrent PIPE investment, provides IQM with approximately €198.7 million (US$233.5 million) in net proceeds to support the commercialization and global expansion of its quantum computing business.”
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Quantum Computing Report
IQM Quantum Computers Commences Nasdaq Trading with €337 Million ($385 Million USD) Cash Reserves to Fund Transatlantic Scaling
“IQM Quantum Computers has begun trading on Nasdaq as IQMX, following a business combination that left it with €337 million ($385 million USD) in cash.”
Each quote above was checked automatically against the original page. Added Oct 15, 2026. Spotted an error? Tell us and we will review it.