---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-076453"
form_type: "8-K"
ticker: "RAAQ"
cik: "0002052161"
company_name: "Real Asset Acquisition Corp."
filed_at: "2026-07-08T21:20:15+00:00"
generated_at: "2026-07-08T21:22:28.899268+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Real Asset Acquisition Corp. completes SPAC merger with IQM Quantum Computers; IQM ADSs begin trading on Nasdaq

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-26-076453
- form_type: 8-K
- ticker: RAAQ
- cik: 0002052161
- company_name: Real Asset Acquisition Corp.
- filed_at: 2026-07-08T21:20:15+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 3.01, 3.03, 5.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2052161/000121390026076453/0001213900-26-076453-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2052161/000121390026076453/ea0297426-8k_real.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-076453
- JSON: https://secwatch.observer/filing/0001213900-26-076453.json
- Plain text: https://secwatch.observer/filing/0001213900-26-076453.txt

## Key facts
- Executive change
  Peter Ort resigned as Chief Executive Officer at Real Asset Acquisition Corp..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: Peter Ort resigned as Chief Executive Officer and Co-Chairman
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052161/000121390026076453/0001213900-26-076453-index.htm
- Executive change
  Jeff Tuder resigned as Chief Financial Officer at Real Asset Acquisition Corp..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: Jeff Tuder resigned as Chief Financial Officer and Co-Chairman
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052161/000121390026076453/0001213900-26-076453-index.htm
- Executive change
  Mark Smith departed as Director at Real Asset Acquisition Corp..
  - Action: ceased to be a director
  - Role: Director
  source text: each of Robert Neal, Mark Smith and Eduardo Munemori ceased to be a director of RAAQ
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052161/000121390026076453/0001213900-26-076453-index.htm
- Executive change
  Robert Neal departed as Director at Real Asset Acquisition Corp..
  - Action: ceased to be a director
  - Role: Director
  source text: each of Robert Neal, Mark Smith and Eduardo Munemori ceased to be a director of RAAQ
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052161/000121390026076453/0001213900-26-076453-index.htm
- Executive change
  Eduardo Munemori departed as Director at Real Asset Acquisition Corp..
  - Action: ceased to be a director
  - Role: Director
  source text: each of Robert Neal, Mark Smith and Eduardo Munemori ceased to be a director of RAAQ
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052161/000121390026076453/0001213900-26-076453-index.htm

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