secwatch.observer — SEC 8-K summary
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Issuer:     Real Asset Acquisition Corp. (RAAQ)
CIK:        0002052161
Form:       8-K
Filed at:   2026-07-08T21:20:15+00:00
Accession:  0001213900-26-076453
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 2.01, 3.01, 3.03, 5.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2052161/000121390026076453/0001213900-26-076453-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2052161/000121390026076453/ea0297426-8k_real.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-076453

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