Jul 2026
Conyers advised Real Asset Acquisition Corp. (“RAAQ”), a special purpose acquisition company, on its merger with IQM US LLC (“IQM”). The transaction resulted in IQM listing on the Nasdaq Stock Market (NASDAQ: IQMX), with a pre-money equity value of approximately US$1.8 billion.
Headquartered in Finland, IQM is one of the leading providers of quantum computers across Europe, North America, and Asia. IQM is expected to complete a dual listing on the Helsinki stock exchange this week.
The Conyers’ Cayman Islands mergers and acquisitions team advising RAAQ included Partners Alex Davies and Matthew Harkness, Senior Associate Caroline Dekker and Associate Alexandra Sims, who worked alongside Ashurst Perkins Coie LLP (New York) as lead legal counsel to RAAQ.