Real Asset Acquisition Corp., now named IQM Quantum Computers Oyj after a July 1, 2026 business combination, is the issuer of Class A Ordinary Shares. Fort Baker Capital Management LP, Steven Patrick Pigott and Fort Baker Capital, LLC previously beneficially owned 200,000 Class A shares, representing 1.2% of this class based on 17,250,000 shares outstanding as of May 15, 2026. The shares were held with shared voting and dispositive power among the reporting persons. Following the business combination, the reporting persons state that they ceased to be beneficial owners of any Class A Ordinary Shares of Real Asset Acquisition Corp., and now report ownership of 5% or less of the class.
Positive
None.
Negative
None.
Key Figures
Shares beneficially owned:200,000 Class A Ordinary SharesOwnership percentage:1.2%Shares outstanding:17,250,000 Class A Ordinary Shares+3 more
6 metrics
Shares beneficially owned200,000 Class A Ordinary SharesBeneficially owned by each reporting person prior to the business combination
Ownership percentage1.2%Percent of Class A Ordinary Shares reported for each reporting person
Shares outstanding17,250,000 Class A Ordinary SharesShares outstanding as of May 15, 2026 used to calculate ownership percentage
Shared voting power200,000 sharesShares over which each reporting person had shared power to vote or direct the vote
Sole voting power0 sharesShares over which each reporting person had sole power to vote or direct the vote
Business combination dateJuly 1, 2026Date Real Asset Acquisition Corp. combined with IQM Quantum Computers Oyj and changed its name
Key Terms
beneficial ownership, business combination, pecuniary interest, shared voting power, +1 more
5 terms
beneficial ownershipfinancial
"The calculation percentage of beneficial ownership in Item 11 was derived"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
business combinationfinancial
"On July 1, 2026, Real Asset Acquisition Corp. consummated a business combination"
A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.
pecuniary interestfinancial
"each disclaims beneficial ownership of the securities reported herein except to the extent of that person's pecuniary interest"
shared voting powerfinancial
"Shared Voting Power 200,000.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared Dispositive Power 200,000.00"
FAQ
What ownership did Fort Baker report in RAAQ Class A shares?
Fort Baker Capital Management LP and related reporting persons disclosed 200,000 Class A Ordinary Shares of Real Asset Acquisition Corp., representing 1.2% of the class, based on 17,250,000 shares outstanding as of May 15, 2026, with shared voting and dispositive power.
How did the July 1, 2026 business combination affect RAAQ (symbol RAAQ)?
On July 1, 2026, Real Asset Acquisition Corp. completed a business combination with IQM Quantum Computers Oyj and changed its name to IQM Quantum Computers Oyj. After this transaction, the reporting persons state they ceased to be beneficial owners of any Class A Ordinary Shares.
What percentage of RAAQ’s Class A did Fort Baker entities and Steven Pigott own?
Each reporting person—Fort Baker Capital Management LP, Steven Patrick Pigott, and Fort Baker Capital, LLC—reported beneficial ownership of 1.2% of Real Asset Acquisition Corp.’s Class A Ordinary Shares, corresponding to 200,000 shares out of 17,250,000 shares outstanding on May 15, 2026.
Do the Fort Baker reporting persons still own RAAQ Class A shares?
The reporting persons state that following the July 1, 2026 business combination and name change to IQM Quantum Computers Oyj, they ceased to be beneficial owners of any Class A Ordinary Shares and report ownership of 5% or less of the class.
What voting and dispositive powers did Fort Baker report over RAAQ shares?
Fort Baker Capital Management LP, Steven Patrick Pigott and Fort Baker Capital, LLC each reported 0 shares with sole voting or dispositive power and 200,000 shares with shared voting and shared dispositive power over Real Asset Acquisition Corp. Class A Ordinary Shares.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Real Asset Acquisition Corp.
(Name of Issuer)
Class A Ordinary Shares, par value $0.0001 per share
(Title of Class of Securities)
G73944103
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G73944103
1
Names of Reporting Persons
Fort Baker Capital Management LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
200,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
200,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
200,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.2 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
G73944103
1
Names of Reporting Persons
Steven Patrick Pigott
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
200,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
200,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
200,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.2 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
CUSIP Number(s):
G73944103
1
Names of Reporting Persons
Fort Baker Capital, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
200,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
200,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
200,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.2 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Real Asset Acquisition Corp.
(b)
Address of issuer's principal executive offices:
174 NASSAU STREET, SUITE 2100, PRINCETON, NEW JERSEY, 08542.
Item 2.
(a)
Name of person filing:
Fort Baker Capital Management LP
Steven Patrick Pigott
Fort Baker Capital, LLC
(b)
Address or principal business office or, if none, residence:
The principal business address of each reporting person is 700 Larkspur Landing Circle, Suite 275, Larkspur, CA 94939.
(c)
Citizenship:
Fort Baker Capital Management LP: Delaware Limited Partnership
Steven Patrick Pigott: Citizen of the United States
Fort Baker Capital, LLC: Delaware Limited Liability Company
(d)
Title of class of securities:
Class A Ordinary Shares, par value $0.0001 per share
(e)
CUSIP No.:
G73944103
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Reference is hereby made to Items 5-9 of this Schedule, which Items are incorporated by reference herein.
Fort Baker Capital Management LP directly holds 200,000 Class A Ordinary Shares. Steven Patrick Pigott acts as Limited Partner/Chief Investment Officer for Fort Baker Capital Management LP. Fort Baker Capital, LLC acts as General Partner for Fort Baker Capital Management LP.
The Reporting Persons are filing this Schedule 13G jointly, but not as members of a group, and each disclaims membership in a group. Each also disclaims beneficial ownership of the securities reported herein except to the extent of that person's pecuniary interest therein.
On July 1, 2026, Real Asset Acquisition Corp. consummated a business combination with IQM Quantum Computers Oyj. In connection with the business combination, Real Asset Acquisition Corp. changed its name to IQM Quantum Computers Oyj. Following the business combination, the Reporting Persons ceased to be the beneficial owners of any Class A Ordinary Shares of Real Asset Acquisition Corp.
The calculation percentage of beneficial ownership in Item 11 was derived from the Issuer's quarterly report on Form 10-Q filed with the Securities and Exchange Commission on May 15, 2026, in which the Issuer stated that the number of Class A Ordinary Shares outstanding was 17,250,000 as of May 15, 2026.
(b)
Percent of class:
Fort Baker Capital Management LP: 1.2%
Steven Patrick Pigott: 1.2%
Fort Baker Capital, LLC: 1.2%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Fort Baker Capital Management LP: 0
Steven Patrick Pigott: 0
Fort Baker Capital, LLC: 0
(ii) Shared power to vote or to direct the vote:
Fort Baker Capital Management LP: 200,000
Steven Patrick Pigott: 200,000
Fort Baker Capital, LLC: 200,000
(iii) Sole power to dispose or to direct the disposition of:
Fort Baker Capital Management LP: 0
Steven Patrick Pigott: 0
Fort Baker Capital, LLC: 0
(iv) Shared power to dispose or to direct the disposition of:
Fort Baker Capital Management LP: 200,000
Steven Patrick Pigott: 200,000
Fort Baker Capital, LLC: 200,000
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.