Pasqal Files F-4 to List on Nasdaq via Bleichroeder 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…