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Pasqal Holdings To Combine With Bleichroeder SPAC And Go Public As "Pasqal", To List On Nasdaq

Benzinga Newsdesk 8 months ago

M&A

Transaction values Pasqal at $2 billion pre-money and is designed to drive commercialization of Pasqal's current quantum processing unit offering.$200 million of convertible financing anchored by sponsor-affiliated

  • Transaction values Pasqal at $2 billion pre-money and is designed to drive commercialization of Pasqal's current quantum processing unit offering.
  • $200 million of convertible financing anchored by sponsor-affiliated investor Inflection Point, existing Pasqal anchor investor BPIfrance Large Venture and several other new institutional investors

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