BlackRock funds provide about $57 million to IQM Quantum Computers ahead of US IPO [Yahoo! Finance]
Real Asset Acquisition Corp. - Unit (RAAQU)
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Source: Yahoo! Finance
from funds and ?accounts managed by BlackRock to accelerate its global growth, the ?Finnish company told Reuters, ahead of its planned dual listing on the U.S. and Helsinki ?stock markets. IQM said in February it was aiming to list its shares later this year on the U.S. stock market through a merger with Real Asset Acquisition Corp, a special purpose acquisition company, with an initial equity valuation ?of around $1.8 billion. In a separate ?social media post on Thursday, BlackRock said quantum computing represented "the next era of computing". The additional funding, which is being ?announced on Monday, will help the Finnish company scale operations, accelerate its chip and technology development, and strengthen its market position, IQM CEO Jan Goetz ?said. "It's basically ?a question of ramping up the ?commercial traction to bring us ?to profitability," he told Reuters. AT THE CORE OF TECH STRATEGIES IQM, which sells quantum computers and cloud computing time, roughly d
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