Pasqal lists on Nasdaq as PSQL after its merger with Bleichroeder Acquisition Corp. II

Pasqal/Pasqal QPUs

Pasqal, the French neutral-atom quantum computing company, completed its merger with blank-check company Bleichroeder Acquisition Corp. II on August 27, 2026, and began trading on Nasdaq as PSQL the next day. It had about $360 million available at closing to expand manufacturing and deployment of its quantum processors.

• Pasqal has 7 quantum processors deployed and 3 more in production, supporting over 25 commercial and research applications.
• Uses of the money include advancing toward fault-tolerant machines and tighter integration with classical supercomputers.
• Warrants trade as PSQLW; no valuation was given in the announcement.