IQM Quantum Computers to Merge with Real Asset Acquisition Corp. In $1.8B SPAC Deal

Deal Summary

IQM Quantum Computers and Real Asset Acquisition Corp. (RAAQ) filed a Form F‑4 registration statement, advancing their proposed SPAC merger that values IQM at a $1.8 billion pre‑money equity valuation. The combined entity will list on Nasdaq under “IQMX” and receive up to $465 million in cash, including $175 million from the SPAC trust and a $134 million PIPE. The transaction is slated to close in late Q2 or early Q3 2026.