Welcome to our dedicated page for Real Asset Acquisition SEC filings (Ticker: RAAQW), 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.
The SEC filings page for Real Asset Acquisition Corp. (warrants trading under RAAQW) provides access to the company’s regulatory documents as a blank check company in the Financial Services sector. These filings explain how the SPAC is structured, how its capital is raised and held, and how it reports its financial position while seeking a business combination.
Core filings include the registration statement and prospectus for its initial public offering of units on the Nasdaq Global Market. Those documents describe the composition of each unit, the Class A ordinary shares, and the redeemable warrants, as well as the trust account funded with a portion of the offering and private placement proceeds. They also outline the company’s stated intention to target opportunities in quantum computing, metals and mining, rare earth and infrastructure sectors, while retaining flexibility to pursue a combination in any industry or region.
Ongoing periodic reports, such as Forms 10-K and 10-Q, provide updates on Real Asset Acquisition Corp.’s financial condition and the status of its search for a business combination. A Form 12b-25 (Notification of Late Filing) filed by the company notes that it required additional time to finalize financial statements for a quarterly period and expected to file the related Form 10-Q within the permitted extension window. This type of filing helps readers understand timing and context around the company’s reporting obligations.
On this page, AI-powered summaries can highlight the key points from lengthy filings, including the structure of the warrants, the use of proceeds held in trust, and narrative disclosures about the company’s objectives as a SPAC. Users can also review forms related to Real Asset Acquisition Corp.’s warrants and other securities as they appear in the SEC’s EDGAR system.
Real Asset Acquisition Corp. and IQM Finland Oy announced that IQM has confidentially submitted a draft registration statement on Form F-4 to the SEC for their proposed business combination, a step toward IQM becoming a publicly traded company.
The closing of the transaction, which is expected in mid-2026, is subject to RAAQ shareholder approval, the Form F-4 being declared effective, and other customary conditions. IQM is described as a global leader in full-stack superconducting quantum computers with a vertically integrated model and more than 350 employees across Europe, Asia and North America.
Real Asset Acquisition Corp. filed an 8-K describing its proposed business combination with IQM Finland Oy, a builder of full‑stack superconducting quantum computers, which will result in IQM becoming a publicly traded company via American Depositary Shares on a major U.S. exchange. The deal is presented at a $1.8 billion pre‑money valuation, backed by a $134 million PIPE, and management indicated IQM still holds more than $170 million from its 2025 Series B round, targeting about $480 million of cash at closing when including the SPAC trust. On the call, IQM highlighted an assumed $35 million in 2025 revenue and over $100 million in bookings, more than 30 quantum computers built with over 20 sold and 15 delivered, and a team of 300‑plus employees across Europe, the U.S. and Asia. The filing also furnishes a joint press release and full investor call transcript, plus extensive forward‑looking and risk disclosures tied to the transaction and IQM’s early‑stage quantum computing business.
Real Asset Acquisition Corp. announced a definitive business combination agreement with IQM Finland Oy, under which RAAQ will merge into an IQM subsidiary and IQM will become a U.S.-listed public company using American depositary shares. Each RAAQ Class A share will be exchanged for one IQM ADS, and all RAAQ warrants will become IQM warrants exercisable at $11.50 per share. The deal is backed by PIPE subscription agreements for about 13.4 million IQM ADSs at $10.00 per ADS, raising roughly $134 million alongside RAAQ’s trust cash, subject to a $150 million minimum aggregate proceeds condition. IQM shareholders and RAAQ insiders have also signed voting, support and lock-up agreements, and the sponsor agreed to forfeit 1,375,000 Class B shares and up to 3,725,000 warrants depending on remaining trust funds.
Real Asset Acquisition Corp. completed its IPO and reported a June 30, 2025 condensed 10-Q showing total assets of $175,068,185 and cash and marketable securities of $173,664,886 held in a Trust Account from the Unit and Private Placement Warrant proceeds. The IPO generated gross proceeds of $172,500,000 from 17,250,000 Units and $5,450,000 from Private Placement Warrants; underwriting and offering costs reduced temporary and permanent equity. Management reports net income of $998,635 for the period and states that completion of the IPO alleviated prior substantial doubt about the Company’s ability to continue as a going concern. The Trust Account funds are restricted to U.S. government obligations or certain money market funds until a business combination or liquidation, and Public Shares subject to redemption are classified as temporary equity.
Real Asset Acquisition Corp. filed a Form 12b-25 to notify that it will not file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 on time. The company states it needs additional time to finalize its financial statements and that filing by the original deadline would require unreasonable effort or expense.
The company indicates it anticipates filing the Form 10-Q as soon as practicable and in any event within the five‑day extension period allowed for a late quarterly report, but it cautions there can be no assurance this will occur. It also notes that an ongoing review could lead to a material delay in financial reporting and might identify errors or control deficiencies in its accounting practices.
Sculptor and related entities report beneficial ownership of 499,600 Class A ordinary shares of Real Asset Acquisition Corp., representing 2.9% of the outstanding Class A shares based on the issuer's 17,250,000-share base. The shares are held in accounts managed by Sculptor and Sculptor Capital II LP and the filing attributes shared voting and dispositive power over all 499,600 shares, with no sole voting or dispositive power reported. Multiple affiliated entities (including Sculptor Capital Holding Corp, Sculptor Master Fund, Ltd. and Sculptor Special Funding, LP) are identified as having potential beneficial ownership through management or control relationships. The filing also certifies the holdings are not intended to change or influence control of the issuer.
Saba Capital Management, Saba Capital Management GP and Boaz R. Weinstein report beneficial ownership of 1,510,059 securities of Real Asset Acquisition Corp., representing 4.82% of the class based on 31,325,000 aggregate shares outstanding as disclosed in the company filings. The holding is composed of 822,246 ordinary shares and 687,813 warrants, and the Reporting Persons filed jointly under a joint filing agreement.
The Schedule 13G/A clarifies ownership and voting/dispositive powers: the Reporting Persons report shared voting and dispositive power over the 1,510,059 securities. The disclosure is a routine beneficial-ownership statement for the combined class of common shares and warrants and does not, on its face, assert an intent to influence control of the issuer.
First Trust entities report beneficial ownership of 931,200 Class A Ordinary Shares of Real Asset Acquisition Corp., equal to 5.40% of the outstanding class. The position is held through client accounts advised by First Trust Capital Management L.P., which has sole voting and sole dispositive power over the reported shares. First Trust Capital Solutions L.P. and FTCS Sub GP LLC are identified as control persons of the adviser and join in the joint filing.
The filing states the shares are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. Reported ownership shows no shared voting or dispositive power and does not identify additional parties with rights to dividends or sale proceeds.
Real Asset Acquisition Corp reports that Tenor Opportunity Master Fund, managed by Tenor Capital Management and connected to Robin Shah, holds 1,250,000 Class A ordinary shares, representing 7.3% of the outstanding class. The shares are held by the Master Fund, with Tenor Capital serving as investment manager and Robin Shah as managing member of Tenor's GP, which gives the Reporting Persons shared voting and dispositive power over the reported shares. The percentage is calculated using 17,250,000 shares outstanding per the issuer's 10-Q. The filing disclaims sole beneficial ownership and certifies the position was not acquired to change control.
Aristeia Capital, L.L.C. disclosed a beneficial ownership position of 1,000,000 Class A ordinary shares of Real Asset Acquisition Corp, representing approximately 5.8% of the outstanding Class A shares (based on 17,250,000 shares outstanding). The filing reports the Reporting Person has sole voting and sole dispositive power over these shares and identifies the type of reporting person as "IN, HC." This statement was submitted on Schedule 13G and includes a certification that the shares were acquired and are held in the ordinary course of business and were not acquired to change or influence control of the issuer. The 5.8% figure was calculated by dividing 1,000,000 by 17,250,000.