US EditionIQM Quantum Computers to list shares in US at initial $1.8 billion valuation
- On Monday, IQM Finland announced plans to go public via a SPAC with an initial equity valuation of $1.8 billion and agreed to merge with Nasdaq-listed Real Asset Acquisition Corp to list on the US stock market.
- To finance its growth, IQM previously raised $569.1 million, including a $320 million Series B led by Ten Eleven Ventures, IQM said.
- The agreement could provide over $300 million in PIPE financing and RAAQ trust account funding, raising IQM Finland's cash position above $450 million while reporting $35 million revenue in 2025.
- If approved by shareholders, the listing could shift IQM's valuation as the deal depends on regulatory approval and may provide over $300 million in funding.
- Public interest in quantum stocks has surged as IQM is considering a dual listing on the Helsinki stock exchange and aims to complete the transaction around June this year.
21 Articles
21 Articles
Finnish quantum unicorn IQM set to go public
Finnish unicorn IQM plans to go public via a special purpose acquisition company (SPAC) valuing the company at approximately $1.8 billion — joining the growing cohort of quantum computing companies listed on U.S. stock markets.
Finnish quantum firm IQM to list in New York at 1.8bn dollars
Finnish quantum computing company IQM will list on the New York Stock Exchange through a merger with a special purpose acquisition company, valuing the business at 1.8 billion dollars. The Espoo-based group will combine with the listed SPAC Real Asset Acquisition Corp. The transaction gives IQM access to US public markets. The deal requires approval from shareholders and regulators before completion. The valuation equals about 1.5 to 1.6 billion…
IQM Quantum Computers to list shares in US at initial $1.8 billion valuation
Finnish-headquartered IQM Quantum Computers is aiming to list its shares on the U.S. stock market via a merger with a special purpose acquisition company Real Asset Acquisition Corp , the companies said on Monday.
Finland’s quantum computing startup IQM to go public via SPAC at $1.8B valuation - Tech Startups
Finland’s push into the quantum spotlight is picking up speed. IQM, the Espoo-based quantum computing startup, said Monday it plans to go public through a merger with special-purpose acquisition company Real Asset Acquisition Corp., in a deal that values the company […] The post Finland’s quantum computing startup IQM to go public via SPAC at $1.8B valuation first appeared on Tech Startups.
The company has been involved in creating a quantum computing machine, the computing speed of which is several thousand times faster than the current computing speed.
Coverage Details
Bias Distribution
- 56% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
