Pasqal Receives SEC Clearance for Proposed SPAC Combination With Bleichroeder

Pasqal, a neutral-atom quantum computing company, has received SEC clearance for its proposed SPAC business combination with Bleichroeder Acquisition Corp. II. The Form F-4 registration statement was declared effective on August 5, 2026, with a shareholder vote scheduled for August 25. Upon completion, the combined company will list on Nasdaq under the ticker PSQL. Pasqal highlighted recent milestones including a quantum advantage demonstration with Los Alamos National Laboratory, deployment of Italy's first neutral-atom quantum computer at CINECA, partnerships with MegazoneCloud and Crédit Agricole CIB, and systems exceeding 1,000 physical qubits with a roadmap toward 10,000+ physical qubits.