SEC Declares Registration Statement Effective for Pasqal’s Business Combination with Bleichroeder Acquisition Corp. II
quantumcomputingreport.com Aug 7, 2026

SEC Declares Registration Statement Effective for Pasqal’s Business Combination with Bleichroeder Acquisition Corp. II

AI-summarised brief · reviewed before publication

The U.S. Securities and Exchange Commission declared the joint Form F-4 Registration Statement effective on August 5, 2026, for French quantum computing developer Pasqal Holding SAS and Special Purpose Acquisition Company Bleichroeder Acquisition Corp. II. This regulatory approval paves the way for an extraordinary general meeting scheduled for August 25, 2026, where shareholders will vote on the business combination. Upon closing, the merged entity will operate as Pasqal Holding SA and trade on the Nasdaq stock exchange under the ticker symbol PSQL. Founded in 2019 by Nobel laureate Alain Aspect, Pasqal develops neutral-atom quantum processors for standard data centers. The company has raised over $300 million in private funding and deployed systems exceeding 1,000 physical qubits. Pasqal aims for a roadmap of over 10,000 physical qubits and 200 fault-tolerant logical qubits. Recent milestones include demonstrating quantum advantage in materials simulation with Los Alamos National Laboratory and integrating a 140-qubit system with Italy’s CINECA Leonardo supercomputer. Strategic partnerships with Aramco, Crédit Agricole, and MegazoneCloud further support its commercial expansion.

💡 Why It Matters

  • · Pasqal’s transition to a public Nasdaq listing validates the commercial viability of neutral-atom quantum computing outside traditional research labs.
  • · By securing regulatory clearance for its SPAC merger, the company gains access to public capital markets essential for scaling its roadmap toward fault-tolerant logical qubits.