SEC Declares RAAQ/IQM Merger Registration Effective; Shareholder Vote Set for June 25
RAAQ sits 16% above its 52-week low of $9.62.
Summary
The SEC has declared the Form F-4 registration statement for Real Asset Acquisition Corp.'s (RAAQ) merger with IQM Quantum Computers effective. This critical regulatory approval clears the path for the business combination. RAAQ has scheduled an Extraordinary General Meeting for June 25, 2026, where shareholders will vote on the merger. This follows the definitive proxy statement filed on June 5th and brings the SPAC significantly closer to completing its de-SPAC transaction. The shareholder vote on June 25th is the next key event.
At the time of this announcement, RAAQ was trading at $11.13 on NASDAQ in the Technology sector, with a market capitalization of approximately $251.4M. The 52-week trading range was $9.62 to $12.10. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.