Mergers & Acquisitions ·
Charlton Aria agrees to merge with KQC Quantum in $80M pre-money deal targeting H1 2027 close
CHARCharlton Aria Acquisition Corp
Charlton Aria Acquisition Corp. entered into a definitive business combination agreement with KQC Quantum, Inc., under which a subsidiary of KQC will merge into Charlton Aria, leaving the SPAC as a wholly owned subsidiary. The transaction values KQC at an $80 million pre-money equity valuation and expects shares to trade on Nasdaq under the ticker "KQC" upon closing, targeted for H1 2027. Charlton Aria shareholders will receive one KQC share per ordinary share, with rights converting into one-eighth of a share. The deal includes a $30 million minimum cash condition and up to 1.5 million earnout shares. Charlton Aria Acquisition Corp. is a special purpose acquisition company focused on business combinations.