RAAQ
$10.63
Real Asset Acquisition Corp.
Historical Price
Peer Comparison
Whystock Valuation Model
Fundamentals
Real Asset Acquisition Corp. does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the m...
Recent News
Why Did Quantum Computing Stock Pop Today?
If IQM is worth only 50 times sales, why are investors paying 3,600 times sales for Quantum Computing stock?
IQM Quantum Computers to go public via $1.8bn SPAC deal
IQM will become the first European quantum computing company to go public with a pre-money equity valuation of $1.8bn.
IQM Quantum Computers to list shares in US at initial $1.8 billion valuation
BRUSSELS, HELSINKI, Feb 23 (Reuters) - Finnish-headquartered IQM Quantum Computers is aiming to list its shares on the U.S. stock market via a merger with a special purpose acquisition company Real Asset Acquisition Corp, the companies said on Monday. Quantum computers, which are much faster than conventional computers, are seen as crucial for cybersecurity, attracting funding from such tech giants as Microsoft, Alphabet, IBM and Cisco as well as interest from several governments. In October, quantum computing stocks on Wall Street jumped following a Wall Street Journal report that the U.S. administration was considering taking stakes in such companies in exchange for federal funding.
With 56% ownership of the shares, Real Asset Acquisition Corp. (NASDAQ:RAAQ) is heavily dominated by institutional owners
Key Insights Significantly high institutional ownership implies Real Asset Acquisition's stock price is sensitive to...