# Pasqal begins Nasdaq trading after $2 billion merger

_Friday, August 28, 2026 at 11:12 AM EDT · Capital, Products · Latest · Tier 2 — Notable_

French quantum-computing company Pasqal began trading on Nasdaq after merging with Bleichroeder Acquisition Corp II, a transaction that valued the company at about $2 billion, Reuters reported. Its shares rose as much as 73% in their debut before trading about 40% higher. Reuters said the deal left the loss-making company with roughly $360 million in cash to expand production. Pasqal reported €16.5 million in 2025 revenue and said it has deployed seven machines, including four at national supercomputing centres.

## Sources

- [live.euronext.com](https://live.euronext.com/en/financial-news/pasqal-shares-leap-french-quantum-firm-makes-nasdaq-debut)

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Retrieved: 2026-08-30T03:23:02.089Z
Publisher: Tech & Business (techandbusiness.org)