{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-019008","form_type":"8-K","ticker":"RAAQ","cik":"0002052161","company_name":"Real Asset Acquisition Corp.","filed_at":"2026-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.122526+00:00","generated_at":"2026-05-16T01:17:47.999600+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"SPAC RAAQ to combine with quantum-computing firm IQM; $134M PIPE at $10/ADS","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-019008","json":"https://secwatch.observer/filing/0001213900-26-019008.json","markdown":"https://secwatch.observer/filing/0001213900-26-019008.md","text":"https://secwatch.observer/filing/0001213900-26-019008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2052161/000121390026019008/0001213900-26-019008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2052161/000121390026019008/ea0277397-8k425_realasset.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T01:17:47.999600+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"56722370f0b0a0f375fb688a46cc30da0ca5096e","claim":"Real Asset Acquisition Corp. entered into Business Combination Agreement with IQM Finland Oy, IQM US LLC, Eclipse QC S.à r.l. valued at Business combination agreement providing for merger of RAAQ with Merger Sub (effective 2026-02-22).","evidence_excerpt":"On February 22, 2026, Real Asset Acquisition Corp., a Cayman Islands exempted company (“RAAQ”), IQM Finland Oy, a limited liability company (Fi. osakeyhtiö ) incorporated under the laws of Finland (“IQM”), IQM US LLC, a Delaware limited liability company and an indirect wholly owned subsidiary of IQM (“Merger Sub”), and Eclipse QC S.à r.l., a Luxembourg private limited liability company ( société à responsabilité limitée ) and a direct wholly owned subsidiary of IQM (“LuxCo,” collectively with Merger Sub, the “Merger Subs”) entered into a business combination agreement (the “Business Combination Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2052161/000121390026019008/0001213900-26-019008-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"IQM Finland Oy, IQM US LLC, Eclipse QC S.à r.l."},{"label":"Value","value":"Business combination agreement providing for merger of RAAQ with Merger Sub"},{"label":"Effective","value":"2026-02-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}