{"url_path":"/sec/raaq/8-k/2026-07-08/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-08","source_url":"https://www.sec.gov/Archives/edgar/data/2052161/0001213900-26-076453-index.html","accession_number":"0001213900-26-076453","cik":"0002052161","ticker":"RAAQ","issuer_name":"Real Asset Acquisition Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2052161/0001213900-26-076453-index.html","primary_entity_key":"0002052161","primary_entity_name":"Real Asset Acquisition Corp."},"word_count":1526,"has_tables":true,"body_markdown":"false\n0002052161\n00-0000000\n\n0002052161\n\n2026-07-01\n2026-07-01\n\n0002052161\n\nIQMX:UnitsEachConsistingOfOneClassOrdinaryShare0.0001ParValueAndOnehalfOfOneRedeemableWarrantMember\n\n2026-07-01\n2026-07-01\n\n0002052161\n\nIQMX:ClassOrdinarySharesParValue0.0001PerShareMember\n\n2026-07-01\n2026-07-01\n\n0002052161\n\nIQMX:WarrantsEachWholeWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50Member\n\n2026-07-01\n2026-07-01\n\niso4217:USD\n\nxbrli:shares\n\niso4217:USD\n\nxbrli:shares\n\n \n\n \n\n**UNITED STATES**\n\n**SECURITIES AND EXCHANGE COMMISSION**\n\n**Washington, D.C. 20549**\n\n \n\n**FORM 8-K**\n\n \n\n**CURRENT REPORT**\n\n**Pursuant to Section 13 or Section 15(d)**\n\n**of the Securities Exchange Act of 1934**\n\n \n\n**Date of Report (Date of earliest event reported):\nJuly 1, 2026**\n\n \n\n**Real Asset Acquisition Corp.**\n\n**(Exact name of registrant as specified in its\ncharter)**\n\n \n\n**Cayman Islands**\n \n**001-42613**\n \n**N/A**\n\n**(State or other jurisdiction of\nincorporation or organization)**\n \n**(Commission File Number)**\n \n**(I.R.S. Employer\nIdentification Number)**\n\n \n\n**174 Nassau Street, Suite 2100**\n\n**Princeton, New Jersey**\n\n \n**08542**\n\n**(Address of principal executive offices)**\n \n**(Zip Code)**\n\n \n\n**(609) 924-0759**\n\n**Registrant’s telephone number, including\narea code**\n\n \n\n**Not Applicable**\n\n**(Former name or former address, if changed since\nlast report)**\n\n \n\nCheck the appropriate box below if the Form 8-K\nfiling is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:\n\n \n\n☐\nWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)\n\n \n\n☐\nSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)\n\n \n\n☐\nPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))\n\n \n\n☐\nPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))\n\n \n\nSecurities registered pursuant to Section 12(b) of the Act:\n\n \n\n**Title of each class**\n \n**Trading\nSymbol(s)**\n \n**Name of each exchange on which registered**\n\nUnits, each consisting of one Class A Ordinary Share, $0.0001 par value, and one-half of one redeemable warrant\n \nRAAQU\n \nThe Nasdaq Stock Market LLC\n\nClass A Ordinary Shares, par value $0.0001 per share\n \nRAAQ\n \nThe Nasdaq Stock Market LLC\n\nWarrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50\n \nRAAQW\n \nThe Nasdaq Stock Market LLC\n\n \n\nIndicate by check mark whether the registrant\nis an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.\n\n \n\nEmerging growth company ☒\n\n \n\nIf an emerging growth company, indicate by check\nmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting\nstandards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n \n\n \n\n \n\n \n\n**Introductory Note**\n\n \n\nAs\npreviously disclosed, on February 22, 2026, Real Asset Acquisition Corp., a Cayman Islands exempted company (“RAAQ”), entered\ninto a business combination agreement, dated as of February 22, 2026 (the “Business Combination Agreement”), by and among\nRAAQ, IQM Quantum Computers Oyj (fka IQM Finland Oy), a limited liability company (Fi. *osakeyhtiö*) incorporated under the\nlaws of Finland (“IQM”), IQM US LLC, a limited liability company incorporated under the laws of Delaware and an indirect,\nwholly owned subsidiary of IQM (“Merger Sub”) and ECLIPSE QC S.à.r.l., a private limited liability company (*société\nà responsabilité limitée*) incorporated under the laws of the Grand Duchy of Luxembourg and a direct, wholly owned\nsubsidiary of IQM. On the Closing Date (as defined below), pursuant to the Business Combination Agreement, (i) IQM effectuated certain\ninternal capital restructuring steps (the “IQM Capital Restructuring”) prior to the effective time of the Merger (as defined\nbelow) (the “Merger Effective Time”), and (ii) promptly thereafter, RAAQ merged with and into Merger Sub (the “Merger”),\nwith Merger Sub surviving the Merger as an indirect wholly owned subsidiary of IQM. As a result of the Merger, the reporting entity of\nthis Current Report on Form 8-K is IQM US LLC. Capitalized terms not otherwise defined herein have the same meanings ascribed to them\nin the Business Combination Agreement.\n\n \n\nConcurrently\nwith the execution and delivery of the Business Combination Agreement, RAAQ, RAAQ Sponsor LLC (the “Sponsor”), IQM and the SPAC\nInsiders entered into a sponsor support agreement (the “Sponsor Support Agreement”), pursuant to which the Sponsor\nagreed to forfeit (i) 1,375,000 Founder Shares for no consideration and (ii) up to 3,725,000 Private Placement Warrants held by the\nSponsor (such forfeitures, the “Sponsor Forfeitures”). The SPAC Insiders also agreed to transfer restrictions with\nrespect to 70% of the IQM ADSs (as defined below) received on the Closing Date, ending on the earlier of (a) July 1, 2027, (b) the\ndate on which the last sale price of IQM ADSs equals or exceeds $12.00 per IQM ADS for any 20 trading days within a 30 trading day\nperiod commencing at least 150 days after July 1, 2026, or (c) the completion of a liquidation, merger, share exchange,\nreorganization or similar transaction.\n\n \n\nOn\nJune 25, 2026, RAAQ held an extraordinary general meeting of shareholders and approved the proposal to approve the Transactions pursuant\nto the Business Combination Agreement (the “Business Combination”).\n\n \n\nOn\nJuly 1, 2026 (the “Closing Date”), pursuant to the Business Combination Agreement: (i) immediately prior to the Merger Effective\nTime, all issued and outstanding Class B ordinary shares of RAAQ, par value $0.0001 per share (“RAAQ Class B Ordinary Shares”),\nother than those subject to the Sponsor Forfeiture (as described below) were automatically converted, on a one-for-one basis, into Class\nA ordinary shares of RAAQ, par value $0.0001 per share (“RAAQ Class A Ordinary Shares”), in accordance with the terms of RAAQ’s\nAmended and Restated Memorandum and Articles of Association, as amended from time to time ; (ii) each issued and outstanding unit of RAAQ\nimmediately prior to the Merger Effective Time was automatically separated (the “Unit Separation”) into its components of\none RAAQ Class A Ordinary Share and one-half of one warrant to purchase one RAAQ Class A Ordinary Share at a price of $11.50 per share\n(the “RAAQ Public Warrants”); (iii) immediately following the Unit Separation and the IQM Capital Restructuring, each RAAQ\nClass A Ordinary Share issued and outstanding immediately prior to the Merger Effective Time (including those issued in connection with\nthe RAAQ Class B Conversion (as defined below)) was automatically canceled in exchange for the right to receive one American depositary\nshare (“ADS”) of IQM (each, an “IQM ADS”), with each IQM ADS representing one ordinary share of IQM, with no nominal\nvalue (each, an “IQM Share”) (such IQM ADSs, the “Merger Consideration”); and (iv) each warrant of RAAQ (including\nthe RAAQ Public Warrants and Private Placement Warrants issued by RAAQ, collectively referred to herein as the “RAAQ Warrants”)\noutstanding immediately prior to the Merger Effective Time was assumed by IQM and became a warrant to purchase one IQM ADS representing\none IQM Share (each, an “IQM Warrant”) at an exercise price of $11.50 per share.\n\n \n\nOn\nthe Closing Date, IQM sold and issued an aggregate of approximately 14.5 million ordinary shares, including in the form of IQM ADSs (collectively,\nthe “PIPE Shares”), for a purchase price of $10.00 per share or ADS in a private placement, for an aggregate amount of approximately\n$145 million (the “PIPE Investment Amount”) pursuant to certain subscription agreements (each, a “PIPE Subscription\nAgreement” and collectively, the “PIPE Subscription Agreements”) with institutional and other accredited investors,\nincluding certain SPAC Insiders (the “PIPE Investors”). As of the Closing Date and following the Sponsor Forfeitures, the\nSponsor was issued 4,240,000 IQM ADSs in exchange for its Founder Shares and 2,180,981 IQM Warrants in exchange for its Private Placement\nWarrants. The Sponsor did not receive any cash compensation during the ordinary course of managing RAAQ or in connection with the Business\nCombination.\n\n \n\n1\n\n \n\nAs\nof the Closing Date, IQM had (i) 262,462,360 fully paid IQM Shares, of which 73,770,253 shares are held by IQM, and (ii) 13,589,086 warrants\nissued by IQM, including the IQM Warrants, issued and outstanding. IQM also has 19,056,614 IQM Shares reserved for issuance pursuant to\nits employee stock option plans. Immediately after the consummation of the Business Combination, (i) the pre-closing shareholders of IQM\nowned 84.7% of the issued and outstanding IQM Shares; (ii) the pre-closing shareholders of RAAQ Class A Ordinary Shares owned 5.3% of\nthe issued and outstanding IQM Shares; (iii) the pre-closing shareholders of RAAQ Class B Ordinary Shares owned 2.3% of the issued and\noutstanding IQM Shares; and (iv) the PIPE Investors owned 7.7% of the issued and outstanding IQM Shares.\n\n \n\nAll\nthe rights and obligations of RAAQ Class A Ordinary Shares, RAAQ Class B Ordinary Shares, RAAQ Warrants and RAAQ Units were terminated\nin connection with the consummation of the Merger, unless as otherwise assigned and assumed by IQM in accordance with the Business Combination\nAgreement. No fractional shares or warrants were issued in the foregoing process, and all such shares or warrants were rounded down to\nthe nearest whole number of shares or warrants.\n\n  \n\nThe\nIQM ADSs began trading on the Nasdaq Global Select Market under the symbol “IQMX” and the IQM Warrants began trading on the\nNasdaq Capital Market under the symbol “IQMX WS” on July 2, 2026. The IQM Shares began trading on the regulated market of\nNasdaq Helsinki Ltd on July 3, 2026.\n\n \n\nThe\nforegoing description of the Business Combination Agreement and the rights and restrictions contemplated thereby does not purport to be\ncomplete and is qualified in its entirety by the terms and conditions of the Business Combination Agreement, which was filed as Exhibit\n2.1 to RAAQ’s Current Report on Form 8-K filed on February 23, 2026 and is incorporated herein by reference."}