Welcome to our dedicated page for Real Asset Acquisition SEC filings (Ticker: RAAQ), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Real Asset Acquisition Corp. (Nasdaq: RAAQ) is a blank check company in the financial services sector, classified in the shell companies industry. According to its public statements, it was formed to pursue a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
For a SPAC such as Real Asset Acquisition Corp., U.S. Securities and Exchange Commission (SEC) filings provide detailed information about its structure, offering terms and business combination process. While no specific SEC filings are listed in the available data here, investors typically look to registration statements and related documents to understand the composition of the units, the rights associated with Class A ordinary shares and warrants, and the terms under which proceeds are placed in a trust account.
Stock Titan’s SEC filings page for RAAQ is designed to surface these regulatory documents as they become available from EDGAR. Users can expect access to registration statements and, over time, periodic reports and transaction-related filings that describe the company’s efforts to identify and complete a business combination consistent with its stated purpose.
AI-powered tools on the platform help explain complex sections of lengthy filings by summarizing key points, highlighting descriptions of the trust account, unit and warrant terms, and any disclosures about the company’s intended focus on quantum computing, metals/mining, rare earth and infrastructure sectors. As forms such as annual and quarterly reports or transaction-related filings are filed with the SEC, this page will organize them chronologically and provide AI-generated insights to make Real Asset Acquisition Corp.’s regulatory history easier to review.
Real Asset Acquisition Corp. and IQM announced that the Registration Statement on Form F-4 in connection with their proposed business combination was declared effective by the SEC on June 5, 2026. RAAQ mailed the definitive proxy statement/prospectus to shareholders of record as of June 3, 2026 for the Extraordinary General Meeting. The joint press release dated June 8, 2026 is filed as Exhibit 99.1.
The filings state the Transaction will result in IQM becoming a publicly traded company and note customary forward-looking statements and risk factors. The proxy/prospectus and Registration Statement contain details about the Transaction, voting procedures, potential redemptions from RAAQ’s trust account, and related disclosures.
Real Asset Acquisition Corp. reported that the Registration Statement on Form F-4 for its proposed business combination with IQM Finland Oy was declared effective by the SEC on June 5, 2026. RAAQ has scheduled its extraordinary general meeting of shareholders for June 25, 2026 to vote on the transaction.
The proxy statement/prospectus has been mailed to shareholders of record as of June 3, 2026. IQM, a Finland-headquartered quantum computing company, reports audited 2025 revenue of EUR 31 million (USD 36 million) and says it has sold 23 quantum computers, with 18 delivered. Following the merger, IQM intends to list American Depositary Shares on the Nasdaq Global Market under the symbol IQMX and seek a dual listing on Nasdaq Helsinki.
The board of Real Asset Acquisition Corp. (RAAQ) has approved a Business Combination with IQM Finland Oy that would merge RAAQ into an IQM subsidiary and convert each RAAQ Class A share into one IQM ADS. The transaction contemplates a PIPE of $146,000,000 for approximately 14.6 million ADS at $10.00 per ADS and would issue up to 21,625,000 IQM Shares represented by ADSs and assume RAAQ warrants as IQM warrants exercisable at $11.50. Shareholder votes are scheduled for June 25, 2026, and RAAQ public shareholders retain redemption rights (illustrative redemption price $10.41 as of the record date). Pro forma ownership ranges are provided under no-redemption, 50% redemption and maximum redemption scenarios; immediate post-closing ownership for existing IQM shareholders is estimated at 81.1% under the no-redemption scenario. The proxy/prospectus contains lock-up and Sponsor forfeiture mechanics, listing conditions for Nasdaq and Nasdaq Helsinki, and detailed dilution tables.
Real Asset Acquisition Corp. (RAAQ) and IQM announced an incremental USD 12 million PIPE commitment from Ilmarinen, bringing total PIPE commitments to over USD 146 million in connection with their previously announced business combination. The companies filed a Form F-4 registration statement and will mail a definitive proxy/prospectus after effectiveness.
The joint release states a pre-money equity valuation of approximately USD 1.8 billion, an expected cash position of up to EUR 406 million (USD 477 million) assuming no redemptions, and reported 2025 revenue of EUR 31 million (USD 36 million). The announcement confirms plans to list ADS on Nasdaq and ordinary shares on the Helsinki exchange in connection with the transaction.
Real Asset Acquisition Corp. (RAAQ) announced an additional $12 million PIPE commitment from Ilmarinen, bringing total PIPE commitments to over $146 million in connection with its previously announced business combination to take IQM public.
The filing notes that IQM has filed a Form F-4 registration statement, which includes a preliminary proxy statement/prospectus, and that a definitive proxy statement/prospectus will be mailed to RAAQ shareholders after the registration statement is declared effective. The press release is attached as Exhibit 99.1.
Real Asset Acquisition Corp. and IQM Finland Oy announced that PIPE commitments related to their planned business combination have increased to over USD 146 million. An additional USD 12 million commitment comes from Ilmarinen, one of Finland’s largest private earnings-related pension insurance companies.
The transaction values IQM at a pre-money equity valuation of approximately USD 1.8 billion, with a cash position expected to be up to EUR 406 million (about USD 477 million) assuming no redemptions by RAAQ public shareholders. IQM reported EUR 31 million (about USD 36 million) of revenue for 2025, reflecting existing commercial traction.
IQM plans to list American Depositary Shares on Nasdaq in the U.S. and its ordinary shares on the Helsinki stock exchange upon completion of the merger with RAAQ, positioning it as a publicly traded quantum computing company with significant institutional backing.
Real Asset Acquisition Corp. reported net income of $1.2 million for the three months ended March 31, 2026, driven mainly by $1.46 million of interest on the $178.6 million held in its trust account, partially offset by $248,185 of general and administrative costs.
The SPAC has $838,494 of cash outside the trust and 17,250,000 Class A and 5,750,000 Class B ordinary shares outstanding. It signed a business combination agreement with IQM Finland Oy, targeting a third-quarter 2026 closing supported by a $134 million PIPE financing at $10.00 per ADS.
The company must complete a business combination by January 30, 2027 or liquidate, and management notes substantial doubt about its ability to continue as a going concern over the next year despite the pending IQM transaction.
Real Asset Acquisition Corp. Schedule 13G filed to report that Fort Baker Capital Management LP and related reporting persons beneficially own 1,719,359 Class A ordinary shares. The filing states this equals 9.97% of the class based on March 2, 2026 share count.
The filing names Fort Baker Capital Management LP, Fort Baker Capital, LLC and Steven Patrick Pigott as reporting persons and discloses shared voting and dispositive power over the reported shares. The issuer's outstanding Class A shares were reported as 17,250,000 on March 2, 2026.
Real Asset Acquisition Corp. ownership disclosure: a Schedule 13G/A amendment reports that, as of March 31, 2026, First Trust Merger Arbitrage Fund 2 ("VARBX") beneficially owned 352,714 shares (2.04% of the Class A ordinary shares) and First Trust Capital Management L.P., First Trust Capital Solutions L.P. and FTCS Sub GP LLC collectively reported 423,342 shares (2.45%). The filing states the reporting parties have sole voting and dispositive power over the listed shares and that FTCS and Sub GP may be deemed control persons of FTCM. The joint filing is signed by authorized representatives on May 15, 2026.
Real Asset Acquisition Corp. announced that IQM Finland Oy has filed a registration statement on Form F-4 with the SEC in connection with a previously agreed business combination that, if completed, will result in IQM becoming a publicly traded company. The parties executed the Business Combination Agreement on February 22, 2026.
The filing includes a preliminary proxy statement/prospectus and, after SEC effectiveness, RAAQ will mail a definitive proxy statement/prospectus to shareholders for a vote at an extraordinary general meeting. A press release dated May 14, 2026 is attached as Exhibit 99.1.