Bleichroeder investors will vote on Pasqal quantum merger

Bleichroeder Acquisition Corp. II shareholders will vote on August 25, 2026, on a merger with Pasqal Holding SAS, a swift timeline for a deal that would take the quantum computing firm public. Founded in 2019, Pasqal has grown to approximately 300 employees and counts Saudi Aramco, LG Electronics, IBM, and Sumitomo among its clients and partners, the company says. The company aims to deliver practical quantum computing at scale, leveraging Nobel Prize winning research and more than USD 300 million in funding.

August 25th Shareholder Vote to Consider Pasqal-Bleichroeder Merger

Bleichroeder Acquisition Corp. II and Pasqal Holding SAS are moving forward after the U.S. Securities and Exchange Commission declared the joint registration statement on Form F-4 effective, a necessary step before the merger can proceed. Shareholders of record are encouraged to review proxy materials and submit voting instructions promptly, according to a company statement. Pasqal’s client base extends to over 25 organizations, including Saudi Aramco, LG Electronics, and IBM, demonstrating traction beyond academic research, according to the company.

The company is also part of the IBM Quantum Network, further solidifying its position within the quantum computing ecosystem. With over USD 300 million in funding, Pasqal intends to list on Nasdaq in partnership with Bleichroeder, accelerating the adoption of scalable quantum computing.