Real Asset Acquisition Corp. and IQM Finland Oy Announce Business Combination
Real Asset Acquisition Corp. (RAAQ) and IQM Finland Oy (IQM) have announced a business combination agreement, with IQM becoming a publicly traded company. IQM has confidentially submitted a draft registration statement on Form F-4 to the SEC. This filing is a significant step towards completing the transaction, which is expected to close by mid-2026, subject to shareholder approval and SEC effectiveness. IQM, a leader in superconducting quantum computers, operates a vertically integrated business model, from chip design to data centers, aiming to accelerate innovation and support the growth of the quantum ecosystem. The company plans to list on a major US stock exchange, with a potential dual listing on the Helsinki Stock Exchange. The filing includes forward-looking statements regarding the transaction's benefits, IQM's commercialization potential, and market growth, while also outlining significant risks and uncertainties inherent in emerging technologies and market conditions. It also clarifies that this communication is not an offer to sell or solicit offers to buy securities.