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Pasqal's filing of an F-4 with the SEC marks a critical regulatory milestone for its Nasdaq listing via SPAC, aiming to raise approximately $500 million to scale its hardware and cloud software infrastructure. With seven quantum processing units already deployed, the company leverages its substantial installed base to target complex optimization and simulation challenges within the AI sector. This capital infusion is strategically directed toward accelerating the path to fault-tolerant quantum computing and expanding commercialization efforts in the U.S. market.
Source coveringQuantum Zeitgeist
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Pasqal Files F-4 to List on Nasdaq via Bleichroeder SPAC

Quantum Zeitgeist8 min read

Pasqal and Bleichroeder Acquisition Corp II announced they’ve filed an F-4 with the SEC, a key step toward Pasqal’s Nasdaq listing via the SPAC.

Paris-based quantum computing firm Pasqal has filed a Form F-4 registration statement with the U.S. Securities and Exchange Commission, moving it closer to listing on Nasdaq via a business combination with Bleichroeder Acquisition Corp. II. The filing, announced after an initial agreement reached on March 4, details Pasqal’s financials and technology as it seeks to expand its reach in the developing quantum computing field. Pasqal distinguishes itself with one of the largest installed bases of high-qubit-count quantum computers among its peers, boasting seven quantum processing units already deployed and three more in production. This positions the company to accelerate development of both hardware and cloud-ready software aimed at tackling complex challenges in optimization, simulation, and artificial intelligence, with the combined company expected to operate under the name “Pasqal Holding SA”. This substantial infrastructure positions the Paris-based firm as a significant contender in the evolving quantum computing field and is now being leveraged in a proposed business combination with…

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