Mergers & Acquisitions ·
Bleichroeder Acquisition Corp. II consummated its business combination with Pasqal Holding SAS on August 27, 2026…
BBCQWBleichroeder Acquisition Corp. II
Bleichroeder Acquisition Corp. II consummated its business combination with Pasqal Holding SAS on August 27, 2026, resulting in the surviving entity being renamed Pasqal Holding SA. The transaction established a capital foundation of approximately $360 million in cash to accelerate global quantum-system deployment and commercial adoption. Bleichroeder’s securities were delisted from Nasdaq, while New Pasqal shares and warrants are expected to begin trading on August 28, 2026, under the ticker symbols “PSQL” and “PSQLW.” All directors and officers of the former SPAC resigned upon closing. Pasqal Holding SA is a global leader in neutral-atom quantum computing that builds and operates quantum computers for industry, science, and governments.