IQM is merging with SPAC Real Asset Acquisition Corp. (RAAQ). Pre-money valuation approximately 1,800,000,000 USD. Upon closing IQM will have liquidity in excess of 450,000,000 USD composed of ~175,000,000 USD from RAAQ's trust account, ~134,000,000 USD from PIPE at $10/share, ~24,000,000 USD expected from exercise of outstanding warrants, and ~172,000,000 USD existing liquidity on IQM's balance sheet (unaudited, as of year-end 2025). Transaction will result in American Depositary Shares listed on a major US exchange, with a potential subsequent dual listing on the Helsinki Stock Exchange. All material IQM shareholders have agreed to customary lock-up provisions. Completion is subject to shareholder approvals and customary closing conditions.
About IQM Quantum Computers
Finnish quantum hardware company developing full-stack superconducting quantum computers, including qubit design, cryogenic hardware, control software, and cloud access, with an on-premises deployment model for institutional customers.
Espoo, Finland
Read Company ProfileFrequently Asked Questions
What type of funding round did IQM Quantum Computers raise?
IQM Quantum Computers raised a ipo round.
How much did IQM Quantum Computers raise in its ipo?
IQM Quantum Computers raised $450,000,000 USD in its ipo.
What was IQM Quantum Computers's valuation before the ipo?
IQM Quantum Computers was valued at $1,800,000,000 USD before the ipo.
Who invested in IQM Quantum Computers's ipo?
The investors in IQM Quantum Computers's ipo are: Real Asset Acquisition Corp., Leading institutional PIPE investors.
How will IQM Quantum Computers use the funds from its ipo?
IQM Quantum Computers plans to use the funds for: corporate growth and expansion, R&D and product development (next-generation systems), capital to support public listing and potential dual listing, general corporate purposes and liquidity for operations.