8-K
filed July 8, 2026, 5:20 PM ET
ticker RAAQ
CIK 0002052161
M&A
confidence high
sentiment neutral
materiality 0.80
Real Asset Acquisition Corp. completes SPAC merger with IQM Quantum Computers; IQM ADSs begin trading on Nasdaq
Real Asset Acquisition Corp.
- 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.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Peter Ort resigned as Chief Executive Officer at Real Asset Acquisition Corp..
- Action
- resigned
- Role
- Chief Executive Officer
Exact text from the filing
Peter Ort resigned as Chief Executive Officer and Co-Chairman
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jeff Tuder resigned as Chief Financial Officer at Real Asset Acquisition Corp..
- Action
- resigned
- Role
- Chief Financial Officer
Exact text from the filing
Jeff Tuder resigned as Chief Financial Officer and Co-Chairman
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Mark Smith departed as Director at Real Asset Acquisition Corp..
- Action
- ceased to be a director
- Role
- Director
Exact text from the filing
each of Robert Neal, Mark Smith and Eduardo Munemori ceased to be a director of RAAQ
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Robert Neal departed as Director at Real Asset Acquisition Corp..
- Action
- ceased to be a director
- Role
- Director
Exact text from the filing
each of Robert Neal, Mark Smith and Eduardo Munemori ceased to be a director of RAAQ
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Eduardo Munemori departed as Director at Real Asset Acquisition Corp..
- Action
- ceased to be a director
- Role
- Director
Exact text from the filing
each of Robert Neal, Mark Smith and Eduardo Munemori ceased to be a director of RAAQ
View on SEC.gov
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