EL7.AI
Mergers & AcquisitionsMedium•30 June 2026•
1 min read

Pasqal Plans Nasdaq Listing via $300M+ SPAC Merger with Bleichroeder

Key Facts

1Pasqal, a neutral-atom quantum computing company, plans to list on Nasdaq via a merger with SPAC Bleichroeder Acquisition Corp. II after raising over $300 million.
2Pasqal will hold an Analyst Day to outline its market strategy and financial outlook.

In a move that underscores the trend of quantum computing companies going public, Pasqal plans to list on Nasdaq via a merger with SPAC Bleichroeder Acquisition Corp. II after raising over $300 million. The company will also hold an Analyst Day to present its market strategy and financial outlook, according to media reports.

The deal comes amid growing investor interest in quantum computing, with peers like IonQ and Rigetti having previously gone public through similar SPAC mergers, per market data. The $300 million raise provides a significant capital base for Pasqal's expansion, though the sector still faces challenges in achieving widespread commercial revenue.

Investors are now watching for valuation details and the timeline of the listing, as well as the outcome of the upcoming Analyst Day. Broader macroeconomic conditions and risk sentiment will also play a role.