---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-061043"
form_type: "8-K"
ticker: "BBCQ"
cik: "0002088295"
company_name: "Bleichroeder Acquisition Corp. II"
filed_at: "2026-05-26T20:36:22+00:00"
generated_at: "2026-05-26T20:39:52.535974+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bleichroeder and Pasqal amend merger deal, boost PIPE to $250M, file F-4

## Summary
- Amendment assigns merger sub to New Merger Sub; updates transaction structure and definitions.
- PIPE subscription price raised by $50M to $250M for $312.5M principal of convertible bonds and warrants.
- Investor presentation shows Pasqal has 10 QPUs (7 installed), 1,024 qubits, ~€66M booked/awarded business.
- Pasqal roadmap targets 10,000+ physical qubits and 200+ logical qubits with 99.9999% fidelity in 2029.
- F-4 registration statement filed for shareholder vote on the business combination.

## SEC filing metadata
- accession: 0001213900-26-061043
- form_type: 8-K
- ticker: BBCQ
- cik: 0002088295
- company_name: Bleichroeder Acquisition Corp. II
- filed_at: 2026-05-26T20:36:22+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2088295/000121390026061043/0001213900-26-061043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2088295/000121390026061043/ea0292111-8k425_bleichro2.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-061043
- JSON: https://secwatch.observer/filing/0001213900-26-061043.json
- Plain text: https://secwatch.observer/filing/0001213900-26-061043.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.