IQM and RAAQ announce upsized PIPE to $146M with new commitment from Ilmarinen

Real Asset Acquisition Corp.

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.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.