IQM Finland and Real Asset Acquisition (RAAQ) Corp. announced the confidential submission of the draft registration statement on Form F-4 filed by IQM with the U.S. Securities and Exchange Commission relating to their proposed business combination. The submission of the Registration Statement marks an important milestone toward the completion of the proposed business combination, which will result in IQM becoming a publicly traded company. The business combination remains subject to approval by RAAQ shareholders, the Registration Statement being declared effective by the SEC, and other customary closing conditions. The business combination is expected to close in mid-2026.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RAAQ:
- Is Quantum the Next AI? BlackRock (BLK) Backs IQM Ahead of $1.8 Billion Listing
- BlackRock Stock (BLK) Extends Losses Despite Pouring $56 Million into Quantum Startup IQM
- BlackRock (BLK) Backs IQM Quantum Ahead of $1.8 Billion SPAC Listing as Sector Shifts from IPOs
- Real Asset Acquisition Plans Quantum Computing Merger With IQM
- Quantum Leap: Arqit encryption software pre-installed on Intel NetSec cards
