{"filings":[{"id":1528598,"accession_number":"0001213900-26-076453","cik":2052161,"company_name":"Real Asset Acquisition Corp.","ticker":"RAAQ","form_type":"8-K","filed_at":"2026-07-08T21:20:15+00:00","items":["1.01","2.01","3.01","3.03","5.01","5.02","9.01"],"status":"ready","headline":"Real Asset Acquisition Corp. completes SPAC merger with IQM Quantum Computers; IQM ADSs begin trading on Nasdaq","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Merger closed July 1, 2026; IQM ADSs (IQMX) began trading on Nasdaq on July 2; IQM shares on Nasdaq Helsinki on July 3.","PIPE investment of ~$145M at $10 per share/ADS from institutional and accredited investors, including SPAC insiders.","Ownership post-merger: pre-closing IQM shareholders 84.7%, RAAQ public shareholders 5.3%, PIPE investors 7.7%.","RAAQ securities delisted from Nasdaq; all RAAQ officers and directors resigned, replaced by IQM management.","Registration Rights Agreement grants SPAC insiders registration rights; IQM to file resale shelf registration within 30 days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":261970000.97267288,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1279356,"accession_number":"0001213900-26-072153","cik":2052161,"company_name":"Real Asset Acquisition Corp.","ticker":"RAAQ","form_type":"8-K","filed_at":"2026-06-25T21:28:06+00:00","items":["5.07"],"status":"ready","headline":"RAAQ shareholders approve business combination with IQM Quantum Computers","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Shareholders voted 13,687,335 for, 800,760 against, 306 abstain to approve the Business Combination Proposal.","The Merger Proposal (special resolution) passed with 13,687,536 for, 800,760 against, 105 abstain.","Approval covers the merger of RAAQ with Merger Sub; each RAAQ share converts to one IQM American depositary share.","Quorum of 63% (14,488,401 shares) represented at the June 25, 2026 extraordinary general meeting.","The business combination agreement dated February 22, 2026; closing remains subject to other conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":261970000.97267288,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1176597,"accession_number":"0001213900-26-070357","cik":2052161,"company_name":"Real Asset Acquisition Corp.","ticker":"RAAQ","form_type":"8-K","filed_at":"2026-06-22T10:35:05+00:00","items":["8.01","9.01"],"status":"ready","headline":"IQM appoints Craig Ciesla as CTO, Inés de Vega as Chief Scientist ahead of Nasdaq listing","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Craig Ciesla, former Illumina VP and inventor of 100+ patents, named CTO; Inés de Vega transitions to Chief Scientist.","IQM has sold 23 quantum computers to date, more than any other manufacturer, and operates its own chip factory.","IQM is nearing Nasdaq listing via merger with Real Asset Acquisition Corp (Nasdaq: RAAQ); PIPE upsized to $146M in early June."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":261970000.97267288,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1111042,"accession_number":"0001213900-26-069624","cik":2052161,"company_name":"Real Asset Acquisition Corp.","ticker":"RAAQ","form_type":"8-K","filed_at":"2026-06-17T20:05:28+00:00","items":["8.01","9.01"],"status":"ready","headline":"IQM hosts Capital Markets Day: 23 quantum computers sold, mid-2026 merger close reaffirmed","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Capital Markets Day held at Nasdaq MarketSite on June 15, 2026; presentation available on demand.","IQM has sold 23 quantum computers to date, more than any other manufacturer globally.","Panel discussion featured NVIDIA, Amazon Web Services, and Cambium Ventures on quantum adoption.","Business combination with RAAQ expected to close in mid-2026; IQM to list as 'IQMX' on Nasdaq.","Potential dual listing on Helsinki Stock Exchange also under consideration; IQM employs 400+ people."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":261970000.97267288,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1029997,"accession_number":"0001213900-26-068399","cik":2052161,"company_name":"Real Asset Acquisition Corp.","ticker":"RAAQ","form_type":"8-K","filed_at":"2026-06-12T21:28:13+00:00","items":["8.01","9.01"],"status":"ready","headline":"IQM appoints Barbara Venneman to board; CEO Jan Goetz becomes founder rep as merger with RAAQ nears","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Barbara Venneman, former Global Head of Deloitte Digital and Vanguard board director, joins IQM board.","IQM CEO Jan Goetz replaces co-founder Juha Vartiainen as the founder representative on the board.","Appointment strengthens board's digital transformation and enterprise technology expertise ahead of Nasdaq listing.","Merger with Real Asset Acquisition Corp. (RAAQ) continues; registration statement declared effective June 5."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":261970000.97267288,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":926926,"accession_number":"0001213900-26-066449","cik":2052161,"company_name":"Real Asset Acquisition Corp.","ticker":"RAAQ","form_type":"8-K","filed_at":"2026-06-08T22:39:06+00:00","items":["8.01","9.01"],"status":"ready","headline":"IQM-RAAQ business combination registration effective; shareholder vote set for June 25, 2026","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["SEC declares effective the registration statement for the RAAQ-IQM business combination.","RAAQ extraordinary general meeting scheduled for June 25, 2026; record date June 3, 2026.","IQM reports 23 quantum computers sold, 18 delivered, and audited revenue of EUR 31M (USD 36M) in 2025.","Upon closing, combined company to list on Nasdaq under 'IQMX' and also apply for Nasdaq Helsinki listing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":261970000.97267288,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":805880,"accession_number":"0001213900-26-064156","cik":2052161,"company_name":"Real Asset Acquisition Corp.","ticker":"RAAQ","form_type":"8-K","filed_at":"2026-06-02T20:06:10+00:00","items":["8.01","9.01"],"status":"ready","headline":"IQM and RAAQ announce upsized PIPE to $146M with new commitment from Ilmarinen","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["New $12M PIPE commitment from Ilmarinen, Finland's largest private pension insurer, brings total PIPE to over $146M.","Transaction values IQM at ~$1.8B pre-money equity valuation; expected cash up to EUR 406M ($477M).","IQM reported 2025 revenue of EUR 31M ($36M), indicating commercial traction.","IQM plans to list ADS on Nasdaq and ordinary shares on Helsinki stock exchange post-combination."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.78,"calibrated_materiality_score":0.78,"market_cap_usd":261970000.97267288,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":442997,"accession_number":"0001213900-26-056647","cik":2052161,"company_name":"Real Asset Acquisition Corp.","ticker":"RAAQ","form_type":"8-K","filed_at":"2026-05-14T20:18:06+00:00","items":["8.01","9.01"],"status":"ready","headline":"IQM files F-4 for SPAC merger with RAAQ; pre-money valuation ~$1.8B, 2025 revenue $36M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Pre-money equity valuation of IQM approximately USD 1.8 billion.","At close, IQM's cash position expected up to EUR 397M (USD 465M) from trust, PIPE, warrant exercises, and existing cash.","IQM reported 2025 revenue of USD 36M (EUR 31M); has sold 23 systems and delivered 15.","PIPE financing of ~$134M at $10.00/share; trust account holds ~$175M (assuming no redemptions).","IQM intends to list on Nasdaq under 'IQMX' and apply for dual listing on Nasdaq Helsinki."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":261970000.97267288,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":97489,"accession_number":"0001213900-26-041139","cik":2052161,"company_name":"Real Asset Acquisition Corp.","ticker":"RAAQ","form_type":"8-K","filed_at":"2026-04-07T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"IQM & RAAQ file confidential draft F-4 for proposed business combination; expected close mid-2026","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["IQM confidentially submitted draft registration statement on Form F-4 to SEC for its business combination with RAAQ.","Transaction expected to close in mid-2026, subject to RAAQ shareholder approval and SEC effectiveness.","IQM operates a vertically integrated quantum computing business with proprietary chip design, fab, assembly, and data center.","Submission marks a milestone toward IQM becoming a publicly traded company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":261970000.97267288,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":112318,"accession_number":"0001213900-26-021779","cik":2052161,"company_name":"Real Asset Acquisition Corp.","ticker":"RAAQ","form_type":"8-K","filed_at":"2026-02-27T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"RAAQ and IQM schedule investor call for Feb 27; no new financial details in filing","summary_kind":"llm","event_type":"m_and_a","confidence":"low","bullets":["IQM and RAAQ will host a conference call on Feb 27 to discuss the proposed business combination and transaction highlights.","The transaction will result in IQM becoming a public company with a U.S. stock exchange listing of American Depositary Shares.","IQM is considering a dual listing of its ordinary shares on the Helsinki stock exchange following the transaction's completion.","No deal value, financial projections, or revised terms were disclosed in the filing or the furnished exhibits.","The furnished conference call transcript contains only introductory remarks and safe harbor language; no Q&A session was held."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":261970000.97267288,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":112317,"accession_number":"0001213900-26-019008","cik":2052161,"company_name":"Real Asset Acquisition Corp.","ticker":"RAAQ","form_type":"8-K","filed_at":"2026-02-23T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"SPAC RAAQ to combine with quantum-computing firm IQM; $134M PIPE at $10/ADS","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Each RAAQ Class A share converts to one IQM ADS; RAAQ warrants assumed by IQM.","Minimum cash condition: aggregate transaction proceeds must be >= $150M.","PIPE investors commit ~13.4M IQM ADS at $10/ADS for aggregate ~$134M.","Sponsor to forfeit up to 1,375,000 Class B shares and up to 3,725,000 warrants based on trust proceeds.","IQM shareholders subject to one-year lock-up; release if IQM ADS price >=$12 for 20 of 30 days after 150 days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":261970000.97267288,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163999,"accession_number":"0001213900-25-048936","cik":2052161,"company_name":"Real Asset Acquisition Corp.","ticker":"RAAQ","form_type":"8-K","filed_at":"2025-05-29T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Real Asset Acquisition announces separate trading of shares and warrants starting June 2, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["17,250,000 units from IPO (including full overallotment) may be separated into Class A ordinary shares and warrants.","Separate trading of Class A ordinary shares (RAAQ) and warrants (RAAQW) begins on or about June 2, 2025.","Units not separated continue trading as RAAQU on Nasdaq Global Market.","Holders must contact transfer agent Efficiency to separate units."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":261970000.97267288,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163998,"accession_number":"0001213900-25-040228","cik":2052161,"company_name":"Real Asset Acquisition Corp.","ticker":"RAAQ","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Real Asset Acquisition Corp. closes $172.5M SPAC IPO and $5.45M private placement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["IPO of 17,250,000 units at $10.00/unit, including full over-allotment, gross proceeds $172.5 million.","Simultaneous private placement of 5,450,000 warrants at $1.00 each to sponsor and underwriters, gross proceeds $5.45 million.","$172.5 million of proceeds deposited in trust account; working capital surplus of $1.37 million as of April 30, 2025.","Company must complete a business combination by October 30, 2026 (or January 30, 2027 if definitive agreement by 18 months).","Audited balance sheet as of April 30, 2025 filed as Exhibit 99.1 shows total assets $174.1 million, shareholders' deficit $5.5 million."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":261970000.97267288,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163997,"accession_number":"0001213900-25-038449","cik":2052161,"company_name":"Real Asset Acquisition Corp.","ticker":"RAAQ","form_type":"8-K","filed_at":"2025-05-01T23:59:59+00:00","items":["1.01","3.02","5.02","5.03","8.01","9.01"],"status":"ready","headline":"Real Asset Acquisition Corp. closes $172.5M IPO plus $5.45M private placement of warrants","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Closed IPO of 17,250,000 units at $10.00/unit, raising $172.5M in gross proceeds.","Concurrent private placement of 5,450,000 warrants at $1.00/warrant raised $5.45M.","Total $172.5M placed in trust; must complete initial business combination within 18 months (21 if signed deal).","Appointed Robert Neal, Mark Smith, and Eduardo Munemori as independent directors; board now three classes.","Target sectors: quantum computing, metals/mining, rare earth, and infrastructure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":261970000.97267288,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}