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Updated · Seeking Alpha · May 27Pasqal to Go Public via SPAC Merger With Nasdaq-Listed BBCQ
8 articles · Updated · Seeking Alpha · May 27
- Pasqal said it plans to become a public company through a merger with Bleichroeder Acquisition Corp. II, a Nasdaq-listed SPAC.
- The quantum computing firm has already filed its Form F-4 with the U.S. Securities and Exchange Commission, advancing the deal toward completion.
- The transaction would give Pasqal stock-market access through BBCQ rather than a traditional IPO, marking a new funding route for the company.
Is Pasqal's $2.6 billion valuation a true quantum leap or just another overhyped tech SPAC? How will a French quantum leader's US listing impact the global technology race?