MilestoneIndustryConfirmed
Xanadu lists on Nasdaq and the Toronto exchange after a SPAC merger
Mar 27, 2026
Canadian photonic quantum computing company Xanadu merged with the blank-check company Crane Harbor Acquisition Corp., whose shareholders approved the deal on March 19, 2026. Its shares were set to start trading on Nasdaq and the Toronto Stock Exchange on March 27 under the ticker XNDU.
Why it matters
It brought a quantum approach that computes with particles of light to the public markets; Quantum Computing Report calls Xanadu the first pure-play photonic quantum computing firm on Nasdaq.
Related
Sources (2)
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Quantum Computing Report
Xanadu to List on Nasdaq and TSX Following Shareholder Merger Approval
“The resulting entity, Xanadu Quantum Technologies Limited, is expected to begin trading on the Nasdaq and the Toronto Stock Exchange (TSX) on March 27, 2026, under the ticker symbol “XNDU”.”
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Quantum Computing Report
Xanadu Announces Q1 2026 Financial Results: Historic Nasdaq Debut and $285M Government Funding Negotiations
“This quarter represents a major landmark for the Toronto-based company, featuring its public market debut as the first pure-play photonic quantum computing firm on the Nasdaq and TSX”
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